Sahara Housingfina Corporation Limited held its 35th Annual General Meeting on September 28, 2026, via video conferencing. Shareholders approved all proposed resolutions, including the adoption of audited financial statements for FY26 and the re-appointment of a director retiring by rotation.

The meeting commenced at 11:30 am and concluded at 12:36 pm. Voting results were disseminated to stock exchanges and made available on the company's website within 24 hours of the conclusion. The proceedings were conducted in compliance with SEBI Listing Regulations and the Companies Act, 2013.

Key resolutions passed

Two ordinary resolutions were transacted during the meeting. The first involved receiving, considering, and adopting the audited financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and auditors. The second resolution concerned the re-appointment of Awdhesh Kumar Srivastava as a director, who retired by rotation and was eligible for re-appointment.

Meeting proceedings and attendance

The meeting was chaired by Sadhan Sarkar, Director, while Vivek Kapoor, CFO, conducted the proceedings. The panel included directors A K Srivastava and Sudha Sarowgi, along with statutory auditor Anmol Sonawane. Madhukar was unable to attend due to medical grounds. P V Subramanian served as the Secretarial Auditor and Scrutinizer for remote e-voting.

The notice convening the AGM, dated August 12, 2026, specified that all items would be transacted through remote e-voting. Following the reading of resolutions, members who had not voted remotely were invited to participate in insta-voting, which remained open for 30 minutes after the formal conclusion of the meeting.

Voting outcomes

The voting results indicated strong shareholder support for both resolutions. Promoter and promoter group entities voted unanimously in favor, while public non-institutional shareholders showed minimal dissent.

What the numbers show

The voting data reveals a significant concentration of power in the hands of the promoter group. Out of a total shareholding of 70,00,000 shares, the promoter and promoter group held 49,94,587 shares, representing approximately 71.35% of the total equity. This holding alone ensured the passage of both ordinary resolutions, as it exceeded the simple majority threshold required.

Public non-institutional shareholders held 20,05,413 shares but polled only 5,341 votes, indicating a very low participation rate among retail investors relative to their holding. The 85 dissenting votes came entirely from this public non-institutional category, highlighting that institutional investors did not participate in the voting process for these routine matters.

Sahara Housing Fina Corporation disclosed its unlisted non-convertible debenture (NCD) obligations for the quarter ended September 2026. The filing reveals an outstanding balance of ₹12 crore following partial redemptions.

The disclosure was made pursuant to Regulation 57(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported that interest on these instruments is payable on an annual basis, with the next payment due alongside the final redemption.

Debt Profile

The unlisted secured NCDs were originally issued on March 31, 2017. The current outstanding amount reflects a reduction from the initial issuance after ₹18 crore was redeemed. The remaining balance is scheduled for full repayment within the current fiscal year.

What the Numbers Show

The debt structure indicates a concentrated maturity profile. With 40% of the original issue maturing on March 31, 2027, the company faces a single-point liquidity event for this instrument. The annual interest payment aligns with this final redemption date, simplifying cash flow planning but requiring sufficient liquidity reserves by early FY28.