Mehta Integrated Finance Limited shareholders approved the reappointment of Vishwesh D. Mehta as Managing Director for a three-year term during the company's 41st Annual General Meeting held on September 25, 2026.

The meeting, conducted in Ahmedabad, also ratified the audited financial statements for the fiscal year ended March 31, 2026. The reappointment of Bhavna D. Mehta as a Director under retirement by rotation was similarly approved by the members.

Directors and officials present

The following directors and key officials were present at the meeting:

The authorised representative of the statutory auditors, Ravindra C. Mehta, Chartered Accountant and Partner of M/s. Asim Ravindra and Associates, was also present. Rohit Bajpai, Proprietor of Rohit Bajpai and Associates, served as Secretarial Auditor, and Sanjay Kukadia, Practising Company Secretary, acted as Scrutinizer for the AGM.

Voting facility

Members were provided the facility to exercise voting rights electronically as well as through physical voting at the AGM. The remote e-voting facility was available from September 22, 2026 at 9:00 am to September 24, 2026 at 5:00 pm. National Securities Depository Limited (NSDL) provided the remote e-voting services. Members present at the venue who had not cast their votes through remote e-voting were permitted to vote physically during the meeting.

Business transacted

Three resolutions were placed before members for consideration and approval:

All resolutions were deemed passed on the date of the AGM, September 25, 2026. The reports of the statutory auditors on the financial statements and the secretarial audit report did not contain any qualification, reservation, adverse remark, or disclaimer.

Details of Managing Director reappointment

Vishwesh D. Mehta was reappointed with effect from June 1, 2026 to May 31, 2029. The appointment was recommended by the Nomination & Remuneration Committee and approved by the Board on May 28, 2026, subject to shareholder approval at this AGM.

Mehta, aged 43, is a Chartered Accountant, Chartered Financial Analyst (USA) Level II, and holds a PhD in Finance from the Indian Institute of Management. He possesses over 17 years of experience in capital markets, equity research, investments, accounts, and audit. As a promoter group member, he has served as a director since May 3, 2022. He is not a director in any other body corporate.

Regarding relationships, Mehta is the son of Bhavna D. Mehta, a Director of the company. Except for the appointee and his relatives, no other directors or key managerial personnel are connected or interested in the appointment. The disclosure affirms that Mehta is not debarred from holding the office of Director by SEBI or any other authority and has no convictions related to fraud or misfeasance in the last five years.

Conclusion of proceedings

Shareholders raised queries during the meeting, which were addressed by Vishwesh D. Mehta, Managing Director and CFO. Following the formal proceedings, physical voting through ballot papers remained open for a further 15 minutes to allow members who had not yet voted to exercise their rights. The Chairperson declared the meeting closed upon completion of the physical voting process.

Mehta Integrated Finance has scheduled its 41st Annual General Meeting for September 25, 2026. The Board approved the reappointment of Vishwesh D. Mehta as Managing Director for a three-year term starting June 1, 2026.

The company published its newspaper advertisement for the AGM on September 2, 2026, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board also approved the draft Board of Directors' Report and annexures for FY25-26 during its meeting on September 1, 2026.

Governance and Appointments

The Board confirmed the eligibility of M/s. Asim Ravindra & Associates as Statutory Auditors and M/s. Rohit Bajpai & Associates as Secretarial Auditors for FY26-27. The secretarial audit report for FY25-26 was issued by M/s. Rohit Bajpai & Associates.

Vishwesh D. Mehta, a Chartered Accountant and CFA with over 17 years of experience in capital markets, was initially appointed as an Executive and Non-Independent Director on May 3, 2022. His reappointment follows the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval at the AGM.

AGM Logistics and E-Voting

The 41st AGM will be held at 9:30 am at the company's registered office in Ahmedabad. The meeting will be conducted in physical mode in compliance with relevant Ministry of Corporate Affairs circulars.

The cut-off date for determining voting eligibility is September 18, 2026. Members can cast votes via remote e-voting through the National Securities Depository Limited (NSDL) platform. The Notice of the AGM and the Annual Report for FY25-26 are available electronically on the company's website and the BSE website.

M/s. Sanjay Dayalji Kukadia was appointed as the Scrutinizer for the voting processes. Members holding shares in physical mode are requested to update their email addresses with Purva Sharegistry (India) Pvt Ltd.