Milgrey Finance & Investments Ltd shareholders approved the audited financial statements for FY26 and the reappointment of Abhay Narain Gupta as director at the company's 43rd Annual General Meeting held on September 30, 2026.

The meeting, conducted via video conferencing, saw all ordinary resolutions passed with requisite majority. The scrutinizer's report confirmed that voting was conducted through remote e-voting and physical ballot forms at the venue, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting outcomes on key resolutions

Shareholders voted on two primary agenda items. The first resolution involved adopting the standalone audited financial statements for the year ended March 31, 2026. The second resolution concerned the reappointment of Abhay Narain Gupta, who retired by rotation and offered himself for re-election.

In both cases, the votes cast in favor significantly outweighed those against. For the adoption of financial statements, 5,231,110 shares voted in favor, while only 3 shares voted against. Similarly, for the director's reappointment, 5,231,110 shares supported the resolution against just 3 opposing votes.

Scrutinizer report details

The scrutinizer, Chirag Jain of JCA & Co., certified that all resolutions were duly passed. The voting process included remote e-voting via National Securities Depository Limited (NSDL) and physical polling at the meeting. The cut-off date for entitlement to vote was September 23, 2026.

What the numbers show

The voting data reveals a highly concentrated shareholder base with minimal dissent. Out of 21,541,250 total outstanding shares, only 5,231,113 shares were polled, representing approximately 24.28% participation. Notably, promoter group members holding 800 shares did not cast any votes through either mode. The negligible opposition (3 shares against) suggests strong alignment among participating public shareholders with management proposals.

Milgrey Finance & Investments has scheduled its 43rd Annual General Meeting for September 30, 2026, to adopt financial results showing a net loss of ₹127.55 lakh for FY26. This marks a reversal from the net profit of ₹63.42 lakh recorded in FY25.

The Board of Directors approved the schedule during its meeting on September 8, 2026. The session, which commenced at 1:00 pm and concluded at 1:45 pm, also finalized logistics previously adjourned from September 4.

Key Decisions

The Board approved several critical items regarding the upcoming AGM and financial reporting:

• AGM Date: The 43rd Annual General Meeting will be held on September 30, 2026, at 12:30 pm at the registered office in Borivali (East), Mumbai.
• Book Closure: Shareholders on record from Thursday, September 24, 2026, to Wednesday, September 30, 2026 (both days inclusive), are eligible to attend and vote.
• Directors’ Report: The report along with relevant annexures for FY26 was approved.
• Director Re-appointment: Mr. Abhay Narain Gupta retires by rotation and offers himself for re-appointment.

Financial Performance

The company reported no revenue from operations in FY26. Total income stood at negative ₹84.34 lakh, primarily driven by interest income adjustments, compared to positive other income of ₹94.28 lakh in FY25. Expenses increased to ₹43.21 lakh from ₹27.11 lakh in the previous year.

Balance Sheet Highlights

Total assets rose to ₹10,741.12 lakh as on March 31, 2026, from ₹7,398.44 lakh in FY25. This increase was largely driven by a rise in loans and advances to ₹8,140.33 lakh and an addition of inventory worth ₹2,353.72 lakh. Borrowings increased to ₹5,090.77 lakh from ₹3,986.61 lakh.

Regulatory Disclosure

This intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details have been submitted to the BSE Limited Listing Compliance department. Remote e-voting will be available from September 27 to September 29, 2026.