Navigant Corporate Advisors Limited passed all three resolutions at its 14th Annual General Meeting held on September 29, 2026. The meeting approved the audited financial statements for FY26 and ratified the reappointment of Sarthak Vijlani as director.

The company also approved the appointment of Gagan Goel as an Executive Director. Voting was conducted via physical ballot papers, as the company is exempt from providing e-voting facilities under SEBI (ICDR) Regulations, 2009, Chapter XB.

Meeting proceedings and attendance

The AGM commenced at 11:30 am and concluded at 12:30 pm at the company's registered office in Mumbai. Mr. Sarthak Vijlani, Chairman and Managing Director, chaired the meeting. Key attendees included Director Vikas Chhangani, CFO Mitesh Ambani, and Company Secretary Nikita Nirwan. Statutory auditor Ramanand G. Gupta from M/s. Ramanand & Associates was also present.

Mr. Shailendra Kumar Dwivedi of M/s. S K Dwivedi & Associates served as the Scrutinizer. A total of eight members were present in person to transact the business.

Resolution outcomes

All three agenda items received unanimous support from the shareholders present and voting. The scrutiny report confirmed that no votes were cast against any resolution.

Voting participation details

The total number of shares on record was 31,52,750. Out of these, 17,75,250 shares were voted upon, representing a voting turnout of approximately 56.31% of the outstanding equity.

Promoters and the promoter group held 8,00,250 shares and voted 100% in favour of all resolutions. Public institutional shareholders held 6,30,000 shares and also voted unanimously in favour. Public non-institutional shareholders held 17,22,500 shares, but only 3,45,000 shares were voted, resulting in a 20.03% participation rate within this category.

What the numbers show

A distinct pattern emerges in shareholder engagement across categories. While promoters and institutional investors participated fully, public non-institutional investors voted only 20.03% of their holdings. This suggests that the outcome of the AGM was heavily influenced by the concentrated voting power of promoters and institutions, who together accounted for 80.6% of the total votes cast (14,30,250 out of 17,75,250). The low participation from the broader public shareholder base meant that dissent or abstention from this group had minimal impact on the final result.

Aikyata Advisory LLP and its Persons Acting in Concert (PAC) have increased their combined stake in Navigant Corporate Advisors to 21.33% following an open market purchase.

The acquisition involved the purchase of 82,500 equity shares by Aikyata Advisory LLP on September 11, 2026. The designated partner of Aikyata Advisory LLP, Sagar Hiten Mehta, submitted the disclosure to the Bombay Stock Exchange on September 16, 2026. The filing was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

Prior to this transaction, the PAC group held a total of 5,90,000 shares, representing 18.71% of the total diluted share capital. The acquisition was executed entirely through open market transactions. No warrants, convertible securities, or voting rights other than those carried by the shares were involved in the deal.

The PAC group comprises Alacrity Securities Limited, Genz Investment Advisors Private Limited, Kruppa Mehta, Hiten R. Mehta, Aikyata Advisory LLP, and Meeta Hiten Mehta. Before the acquisition, their individual holdings were as follows:

• Alacrity Securities Limited: 2,00,000 shares
• Genz Investment Advisors Private Limited: 1,90,000 shares
• Kruppa Mehta: 70,000 shares
• Meeta Hiten Mehta: 40,000 shares
• Aikyata Advisory LLP: 65,000 shares
• Hiten R. Mehta: 25,000 shares

Post-Transaction Holding

Following the acquisition, the PAC group’s total holding stands at 6,72,500 shares, representing 21.33% of the total diluted share capital. Aikyata Advisory LLP’s specific holding increased from 65,000 to 1,47,500 shares. The entity confirmed that none of the acquired shares are encumbered by pledge, lien, or non-disposal undertakings.

Navigant Corporate Advisors Ltd has a total equity share capital of ₹3,15,27,500, comprising 31,52,750 equity shares with a face value of ₹10 each. This capital structure remained unchanged following the acquisition.