Ranjit Securities Limited has issued a notice for its 1st Extra Ordinary General Meeting (EGM) for FY 2026-27, scheduled to be held on May 6, 2026 at 11:00 A.M. at the company's registered office located at 317-318, Transport Nagar, Scheme No. 44, Indore, Madhya Pradesh. The meeting will address critical corporate governance matters including key appointments and auditor confirmation.

Meeting Agenda and Key Resolutions

The EGM will consider three significant resolutions covering both ordinary and special business matters. The agenda includes statutory auditor confirmation and director re-appointments that require shareholder approval.

Director Re-appointments and Terms

The Board of Directors, based on recommendations from the Nomination & Remuneration Committee, has approved the re-appointment of key personnel in their meeting held on April 4, 2026. Both director re-appointments are proposed for five-year terms.

Chairman & Managing Director Re-appointment: Mr. Harman Singh Hora will be re-appointed as Chairman & Managing Director for the period from April 1, 2026 to March 31, 2031. He holds 203600 shares representing 7.58% of the company and brings over 13 years of experience in finance and marketing. His remuneration is set at ₹1 lakh per month.

Independent Director Re-appointment: Mr. Mohammad Akhtar will be re-appointed as Independent Director for the same five-year period from April 1, 2026 to March 31, 2031. He is a qualified Company Secretary with expertise in liaising with government agencies and regulatory compliance.

Statutory Auditor Appointment

The company requires shareholder approval to confirm M/s Ritesh Talreja & Associates, Chartered Accountants as statutory auditor for FY 2025-26. This appointment addresses a casual vacancy created by the resignation of the previous auditors, M/s NM Rathi & Associates, Chartered Accountants, effective March 30, 2026.

Book Closure and Regulatory Compliance

In compliance with Regulation 42 of SEBI (LODR) Regulation, 2015 and Section 91 of Companies Act, 2013, Ranjit Securities Limited has announced the closure of its Register of Members and Share Transfer Book. The company has formally notified BSE Limited regarding this regulatory requirement.

Voting Arrangements and Timeline

Shareholders can participate through remote e-voting or attend the physical meeting. The company has established comprehensive voting procedures to ensure broad participation.

The company has provided detailed instructions for e-voting through both CDSL and NSDL depositories, ensuring shareholders holding shares in demat and physical form can participate effectively. Shareholders who vote remotely will not be entitled to vote again at the physical meeting venue. The announcement was signed by Aayushi Godha, Company Secretary & Compliance Officer (Mem No. A64204), ensuring proper regulatory compliance.

Ranjit Securities Ltd. has successfully concluded its board meeting held on April 4, 2026, at 11:00 A.M. at the company's registered office located at 317-318, Transport Nagar, Scheme No. 44, Indore, Madhya Pradesh. The meeting, which concluded at 11:45 A.M., addressed critical corporate governance matters and resulted in significant appointments and reappointments.

Key Board Decisions

The board meeting resulted in several important decisions that will shape the company's leadership and governance structure:

Statutory Auditor Appointment

The board has appointed M/s Ritesh Talreja & Associates, Chartered Accountants (Firm Registration No. 017981C) as the company's new statutory auditors to fill the casual vacancy caused due to resignation of the previous statutory auditor. The appointment is made pursuant to Section 139(8) of the Companies Act, 2013, and the auditors shall hold office from the conclusion of the board meeting till the conclusion of the ensuing Annual General Meeting, subject to approval of shareholders.

The firm is registered with the Institute of Chartered Accountants of India (ICAI) and has experience in audit and assurance services, including statutory audits of companies and NBFCs. The firm has confirmed its independence and absence of any disqualification under Section 141 of the Companies Act, 2013.

Leadership Continuity

In significant moves to ensure leadership stability, the board has reappointed key leadership positions:

Chairman & Managing Director Reappointment

Mr. Harman Singh Hora (DIN: 00209317) has been reappointed as Chairman & Managing Director effective April 1, 2026, until March 31, 2031, subject to shareholder approval. The board confirmed that Mr. Hora satisfies the criteria prescribed under the Companies Act, 2013, and SEBI Listing Regulations, and is not debarred from holding the office by any regulatory authority.

Independent Director Reappointment

Mr. Mohammad Akhtar (DIN: 07771477) has been reappointed as Independent Director for the same term from April 1, 2026, to March 31, 2031, subject to shareholder approval. The board confirmed his compliance with prescribed criteria and absence of any regulatory debarment.

Regulatory Compliance

The meeting and subsequent announcements have been conducted in compliance with Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information pursuant to SEBI circulars SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and SEBI/HO/CFD/PoD-1/P/CIR/2023/123 dated July 13, 2023, ensuring transparency and timely disclosure of material events to investors and stakeholders.