SMC Credits Limited has scheduled an Extra-Ordinary General Meeting (EGM) for September 04, 2026, at its registered office in New Delhi to seek shareholder approval for the reappointment of Ms. Jyoti Rajshree as a Non-Executive Independent Director. The move ensures continuity in board governance as Ms. Rajshree’s first five-year term concludes on September 07, 2026. Shareholders are advised to exercise their voting rights through remote e-voting before the deadline on September 03, 2026.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company fixed Friday, August 28, 2026, as the cut-off date for determining eligibility to vote. The remote e-voting facility commenced on Tuesday, September 01, 2026, at 9:00 A.M. (IST) and will end on Thursday, September 03, 2026, at 5:00 P.M. (IST). M/s Neeraj Arora & Associates, Practising Company Secretaries, have been appointed as the Scrutinizer to oversee the voting process.

Reappointment Details

The Board of Directors recommends the reappointment of Ms. Jyoti Rajshree (DIN: 09311715) for a second and final term of five consecutive years, effective from September 08, 2026, up to September 07, 2031. The Nomination and Remuneration Committee recommended her reappointment after reviewing her performance evaluation report and considering her expertise in law and financial matters. Ms. Rajshree has submitted a declaration confirming she meets the independence criteria under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI Listing Regulations.

Ms. Rajshree will receive remuneration in the form of sitting fees for attending Board or Committee meetings, along with reimbursement of expenses. She currently holds no directorships in other listed entities and has no shareholding in SMC Credits Limited. None of the other Directors or Key Managerial Personnel are interested in this resolution.

Voting Process

Shareholders entitled to attend and vote at the EGM may appoint a proxy, who need not be a member of the Company. The instrument appointing the proxy must be deposited at the registered office not less than 48 hours before the meeting. Members holding shares in dematerialized form can vote via their Depository Participants or directly through the NSDL e-Voting system using their DP ID and Client ID. Physical shareholders must use their EVEN number and Folio Number as their User ID.

The results of the resolution will be declared within two working days from the conclusion of the EGM. The Company has uploaded the EGM Notice on its website and the BSE Limited website. Shareholders who have not registered their email addresses are urged to do so with their RTA, Beetal Financial & Computer Services (P) Ltd., or their Depository Participants to receive future communications electronically.

The Board of Directors of smc credits has approved the re-appointment of Ms. Jyoti Rajshree as an Independent Director for a second term spanning five years. The decision was taken during a board meeting held on July 28, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The new term commences on September 09, 2026, and concludes on September 8, 2031, pending final ratification by shareholders.

This governance move ensures continuity in the company’s independent oversight structure. Ms. Rajshree’s re-appointment requires approval from shareholders, which the Board intends to seek through an Extra-Ordinary General Meeting (EGM). The Board has also approved the notice for this EGM to facilitate the requisite shareholder consent.

Key Appointment Details

Ms. Rajshree brings extensive legal expertise to the Board. Aged 43, she holds an L.L.B. degree from CCS University, obtained in 2010, and has been practicing as an independent lawyer since then. Her profile highlights rich experience in the field of law, which contributes to the regulatory and compliance robustness of the Board. She is not related to any other directors of the Company and is not debarred from holding office by any SEBI order or other authority.

Internal Auditor Appointment

In addition to the director appointment, the Board approved the appointment of Mr. Rajesh Goenka as the Internal Auditor for the Financial Year 2026-27. Mr. Goenka, who serves as the Whole Time Director & CFO of the Company, has over 12 years of experience in the NBFC business and is a commerce graduate. His appointment aims to strengthen internal audit mechanisms for the upcoming fiscal year.

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 of the SEBI Listing Regulations and Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026. The Board meeting commenced at 5:00 P.M. (IST) and concluded at 5:32 P.M. (IST) on July 28, 2026. The resolutions were signed by Mr. Rajesh Goenka, Whole Time Director & CFO, DIN: 00298227.