Saraswati Commercial has scheduled its 43rd Annual General Meeting for Thursday, September 24, 2026. The meeting will be held via video conference or other audio-visual means in compliance with Ministry of Corporate Affairs guidelines.

Meeting Details

The AGM is set to begin at 2:30 pm at the company's registered office in Mumbai. Shareholders can attend the meeting remotely using the VC/OAVM facility. The company has dispatched the notice of the AGM along with the annual report for the financial year 2025-26 electronically to members with registered email addresses.

For shareholders who have not registered their email addresses, the company has dispatched letters containing web-links and QR codes to access the Notice and Annual Report, in compliance with Regulation 36(1)(b) of the SEBI Listing Regulations. These documents are also available on the company’s website and stock exchange portals.

Voting and Record Dates

The register of members and share transfer books will remain closed from Thursday, September 17, 2026, to Thursday, September 24, 2026. Members are eligible to vote if their names appear in the register as on the cut-off date specified in the notice. The company is providing remote e-voting facilities through National Securities Depository Limited.

Members who have not registered their email addresses are requested to update their details with their depository participants or the registrar and transfer agent, MUFG Intime India Private Limited. Physical copies of the annual report will be sent only upon specific request.

Ms. Avani Gandhi (Membership No. F9220), Proprietor of M/s. Avani Gandhi & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to scrutinize the e-voting process (both remote e-voting and e-voting at the AGM) in a fair and transparent manner.

Board Re-appointments

The agenda includes the re-appointment of Mr. Hetal Khalpada as a Non-Executive Director, who retires by rotation. Additionally, shareholders will vote on a special resolution for the re-appointment of Mr. Vallabh Prasad Biyani as a Non-Executive Independent Director for a second term of five consecutive years, from February 11, 2027, to February 10, 2032.

Related Party Transactions

The meeting will seek approval for material related-party transactions with several group entities. These transactions primarily involve rendering and availing revolving loan facilities, with sanctioned limits ranging from ₹15 crore to ₹250 crore per entity. The companies involved include Winro Commercial (India) Limited, Singularity Holdings Limited, Geecee Ventures Limited, Sam-Jag-Deep Investments Private Limited, Geecee Fincap Limited, Four Dimensions Securities (India) Limited, Urudavan Investment & Trading Private Limited, Four Dimensions Advisors Private Limited, Better Time Realtors Private Limited, Geecee Holdings LLP, Nebulon Investment Managers Private Limited, and Nebulon Ventures LLP.

The transactions are proposed to be carried out in the ordinary course of business on an arm’s length basis until the conclusion of the 44th AGM in FY28. The company noted that these proposals are based on the existing lending business model, while monitoring potential regulatory changes regarding revolving credit facilities.

Saraswati Commercial (India) Limited submitted its 43rd annual report for the financial year 2025-2026 to the Bombay Stock Exchange on August 31, 2026. The filing was made pursuant to Regulation 34(1) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The company confirmed that the annual report has been uploaded to its official website. Members with registered email addresses received the document directly. For shareholders without registered emails, the company issued a written communication containing a web link and QR code to access the Notice of Annual General Meeting and the Annual Report, in compliance with Regulation 36(1)(b).

Avani Sanghavi, Company Secretary and Compliance Officer, signed the submission letter addressed to the Corporate Relationship Department of BSE Limited. The filing requests acknowledgment of receipt from the exchange.