Northlink Fiscal & Capital Services adopted the audited financial statements for the fiscal year ended March 31, 2026, during its 32nd Annual General Meeting (AGM) held on September 30, 2026. The meeting, conducted at the company's registered office in Ludhiana, also approved the appointment of two new independent directors and the reappointment of one existing director.

The proceedings commenced at 12:00 pm and concluded by 12:40 pm. Shareholders were provided with an electronic voting facility through Central Depository Services Limited (CDSL), which remained open from September 27 to September 29, 2026. Ballot papers were also circulated to members present who had not voted electronically.

Resolutions passed at the AGM

The following ordinary resolutions were put forth for member approval and subsequently adopted:

Governance and voting process

CS Bhupesh Gupta of B.K. Gupta & Associate Practicing Company Secretaries was appointed as the scrutinizer to ensure a fair and transparent voting process for both electronic and ballot votes. The results of the voting will be disseminated to stock exchanges and uploaded on the CDSL website as well as the company's official website.

The meeting was presided over by the Chairperson after confirming the presence of a valid quorum. The notice of the AGM and the annual report for FY26 were taken as read with the consent of the members present.

Northlink Fiscal & Capital Services has scheduled its 32nd Annual General Meeting for September 30, 2026. The meeting will convene at the company’s registered office in Ludhiana at 12:00 pm to transact ordinary and special business items.

Governance Changes

The primary agenda involves significant board composition updates. Members will vote on the re-appointment of Ms. Shamli Madia as a director following her retirement by rotation. Additionally, the meeting seeks approval for the appointment of two new independent directors: Mr. Rishi Bhargav and Mr. Akshit Dua.

Mr. Bhargav was initially appointed as an additional director on July 17, 2026. He holds a commerce degree from Punjab University and possesses over 15 years of experience in business administration. His proposed tenure is five years, commencing from his initial appointment date.

Mr. Dua joined as an additional director on August 13, 2026. A commerce graduate with more than 10 years of experience in business administration, he is also slated for a five-year term starting from his initial appointment date.

Meeting Logistics

The record date for determining shareholder eligibility is September 23, 2026. Remote e-voting facilities are available through CDSL platforms, as confirmed by the company’s intimation to BSE Limited. The voting window opens on September 27, 2026, at 9:00 am and closes on September 29, 2026, at 5:00 pm.

Shareholders holding shares in physical form or non-individual demat holders must access the CDSL e-voting system. Individual demat holders can utilize single login credentials via their depository participants. The share transfer books will remain closed from September 24, 2026, to September 30, 2026.

What the Numbers Show

The board restructuring introduces fresh oversight with both new independent directors bringing over a decade of administrative experience. Notably, neither Mr. Bhargav nor Mr. Dua holds any equity shares in the company, ensuring independence from promoter interests during their five-year terms.