Manipal Finance Corporation adopted its audited financial statements for the fiscal year ended March 31, 2026, during its 43rd Annual General Meeting held on September 25, 2026.

The company also approved the reappointment of Vinoda Chandappa Sherigar as a director, who retired by rotation and offered herself for reappointment. Both resolutions were passed with the requisite majority by shareholders participating in the meeting.

Meeting proceedings and voting

T Narayan M Pai, Managing Director and Chairman of the meeting, presided over the proceedings. He invited members to express their views and make enquiries before authorizing the Company Secretary to conclude the e-voting process.

The e-voting facility remained open for 15 minutes after the formal proceedings to allow members to cast their votes. The meeting concluded at 12:00 noon with a vote of thanks.

Resolutions passed

The detailed Scrutinizer's Report regarding the e-voting results will be submitted to the Bombay Stock Exchange within the statutory period. It will also be made available on the company website and the CDSL portal, which served as the e-voting service provider.

Voting details and participation

The meeting was held at 11:00 am at the registered office in Manipal. Remote e-voting was conducted between September 22, 2026, and September 24, 2026, alongside voting through electronic means during the AGM. The cut-off date for voting purposes was September 18, 2026.

A total of 10,733 shareholders were entitled to vote as per the record date. During the meeting, 8 promoters and promoter group members and 24 public shareholders participated either in person or through proxy. No shareholders attended via video conferencing.

Scrutinizer report highlights

Ramachandra Bhat S, Practising Company Secretary, served as the Scrutinizer for the e-voting process. His report confirmed that all votes were unblocked in the presence of two witnesses who were not employed by the company.

For both resolutions, the voting pattern showed unanimous support among those who cast their votes. Promoters and promoter group members held 2,873,831 shares and polled 1,721,832 votes. Public non-institutional shareholders held 5,507,130 shares but polled only 13,759 votes. There were no votes against either resolution, and no invalid votes were recorded.

Voting summary table

The results indicate that while overall participation was low relative to total outstanding shares (approximately 20.7%), the resolutions received full backing from all participating voters.

Manipal Finance Corporation Ltd will hold its 43rd Annual General Meeting on Friday, September 25, 2026. The meeting is scheduled for 11:00 am at the company’s registered office in Manipal, Karnataka.

The register of members and share transfer books remain closed from September 19, 2026, to September 25, 2026, inclusive. This closure determines shareholder eligibility for the AGM in compliance with Section 91(1) of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

Key Details

The company holds 83,80,961 equity shares with a total paid-up value of ₹8,38,09,610. Shareholders registered within this window are entitled to participate in the AGM proceedings.

E-Voting and Documentation

In compliance with MCA circulars and SEBI regulations, the notice of the 43rd AGM and the Annual Report for FY26 will be sent only by electronic mode to members with registered email IDs. The documents are also available on the company website and the BSE Limited website.

CDSL provides the facility for remote e-voting and voting during the AGM. Members holding shares in physical mode who have not registered their email addresses are requested to update their details with the Registrar & Transfer Agent, Cameo Corporate Services Ltd. Demat holders must update changes with their Depository Participants.