NIS Management Limited held its 20th Annual General Meeting on September 25, 2026, adopting the audited financial statements for the fiscal year ended March 31, 2026. The meeting, conducted via Video Conferencing and Other Audio-Visual Means, also saw the re-appointment of Executive Director Nilima Neogi.

The proceedings commenced at 12:00 pm with Debajit Choudhury, Managing Director, occupying the chair. After confirming the requisite quorum, the Chairman introduced the Board members and officials to the shareholders. Ramyani Chatterjee, Company Secretary and Compliance Officer, subsequently presented the agenda items as outlined in the notice convening the meeting.

Key resolutions passed

Shareholders considered and approved two primary items of ordinary business during the session:

1. Adoption of the audited standalone and consolidated financial statements for FY26, along with the reports of the Board of Directors and Auditors.
2. Re-appointment of Nilima Neogi (DIN: 8165984), who retired by rotation and offered herself for re-appointment as Executive Director.

Voting and scrutiny process

Himanshu Gupta of Himanshu S K Gupta & Associates was appointed as the scrutinizer to oversee the e-voting process. The Chairman stated that the voting results would be announced within 48 hours of the meeting's conclusion. These results are scheduled to be uploaded on the company’s investor relations website and made available on the Bombay Stock Exchange platform.

The meeting concluded at 12:36 pm with a vote of thanks to the shareholders for their participation.

NIS Management informed the Bombay Stock Exchange on September 24, 2026, that the Goods and Services Tax Department has closed proceedings regarding discrepancies in its returns for FY 2022-23. The regulator accepted the company's clarifications, stating no further action is required.

This development follows an initial notice received by the company, which was disclosed to stock exchanges on April 22, 2026. In response to the observations raised by the GST authorities, NIS Management submitted its detailed reply and necessary clarifications in Form GST ASMT-11. The department subsequently reviewed these submissions and issued an order in Form GST ASMT-12 confirming that the provided information was satisfactory.

Resolution of Regulatory Inquiry

The company clarified that since the proceedings have been concluded with a finding of satisfactory compliance, there is no resulting financial liability. The matter stands fully closed without any settlement terms or penalty payments being imposed on the entity.

Key Disclosures Under SEBI LODR

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarizes the status changes reported in the regulatory filing:

The filing explicitly notes that this is not a settlement involving compensation or penalty payments. Instead, it is a procedural closure based on the adequacy of the documentation provided by the company during the assessment period. The Managing Director, Debajit Choudhury, signed the intimation from Kolkata.