SMC Credits Limited has accepted the resignation of Ankit Aggarwal from his role as Company Secretary and Compliance Officer. The departure is effective from the close of business hours on October 7, 2026, citing personal reasons.

Aggarwal held the position of Key Managerial Personnel (KMP) and Senior Management Personnel at the NBFC. The company confirmed that Aggarwal tendered his resignation via a letter dated October 1, 2026. The filing was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transition and Succession Plan

The company stated it is currently in the process of hiring a suitable candidate to fill the vacancy. SMC Credits committed to informing stock exchanges once the position is filled. The resignation letter requested the Board to relieve Aggarwal from all duties from the specified date and to make requisite disclosures with the Registrar of Companies, Stock Exchanges, RBI, and other regulatory authorities under the Companies Act, 2013 and SEBI regulations.

Disclosure Details

The disclosure was signed by Rajesh Goenka, Whole Time Director & CFO, on behalf of the company. No specific details regarding the tenure length or compensation impact were provided in the filing.

SMC Credits Limited held its 34th Annual General Meeting on September 30, 2026, in New Delhi. The meeting focused on adopting the company's financial statements for the fiscal year ended March 31, 2026, and confirming the leadership structure through director reappointment.

The proceedings were conducted under Regulation 30 of the SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015. Rajesh Goenka, Whole Time Director and CFO, chaired the session. He reported that the requisite quorum was present and welcomed members to the physical meeting held at the registered office.

Resolutions Passed

Two ordinary resolutions were proposed and addressed during the meeting. The first resolution pertained to the adoption of financial documents, while the second concerned corporate governance continuity.

The Chairman clarified that the re-appointment of Mr. Goenka would not constitute a break in his tenure as Whole Time Director. This ensures continuity in the executive management team during the upcoming fiscal period.

Voting Results and Compliance

The company provided a remote e-voting facility via NSDL from September 27 to September 29, 2026. Members who could not vote remotely were allowed to cast their votes via polling papers at the AGM. Neeraj Arora from M/s Neeraj Arora & Associates was appointed as the scrutinizer to ensure fair and transparent scrutiny of the voting process.

On October 1, 2026, the scrutinizer submitted the consolidated report detailing the voting outcomes. Both resolutions received unanimous support from shareholders participating in both remote e-voting and physical poll.

Resolution 1: Adoption of Financial Statements

Resolution 2: Reappointment of Director

The Statutory Auditors' Report contained no qualifications, observations, or adverse comments on the financial statements. The Chairman noted that shareholder queries raised during the Q&A session were answered to satisfaction. The meeting concluded at 11:32 am, with voting results now formally declared via the scrutinizer's report.