Tirupati Fin-Lease Ltd held its 33rd Annual General Meeting (AGM) on August 8, 2026, approving key governance resolutions including the appointment of a statutory auditor for a five-year term and the reappointment of a Whole Time Director. The meeting, chaired by Bajranglal Agarwal, concluded with shareholders adopting the audited financial statements for the fiscal year ended March 31, 2026, following unqualified opinions from both statutory and secretarial auditors.

The AGM commenced at 2:30 PM at the company’s registered office in Ahmedabad and concluded at 2:37 PM. Ten members were present in person, satisfying the requisite quorum. Bajranglal Agarwal, Whole Time Director, presided over the proceedings and provided an overview of the company’s financial performance for FY26 and its future outlook. The representative of the statutory auditors was also present to address queries.

Shareholders voted on four resolutions during the meeting. Under ordinary business, members approved the adoption of the audited financial statements for the year ended March 31, 2026, along with the reports of the Board of Directors and auditors. Additionally, the board sought and received approval for the reappointment of Pushpadevi Bajranglal Agarwal, a Whole Time Director who retires by rotation.

Under special business, the company addressed a casual vacancy in the position of statutory auditor. Shareholders approved the appointment of a new statutory auditor to fill this vacancy. Furthermore, the assembly granted approval for the statutory auditor to serve a term of five consecutive years, ensuring continuity in financial oversight.

Key Resolutions Passed

The voting process incorporated remote e-voting facilities as mandated by the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. Jignesh Dudhat, Company Secretary, served as the scrutinizer for the meeting. He consolidated votes cast via e-voting and ballot papers during the AGM. The final voting results are to be submitted separately to the stock exchanges.

Governance and Compliance

The chairman confirmed that both the statutory auditor and secretarial auditor issued unqualified opinions for the financial year 2025-26. No qualifications, adverse remarks, or comments regarding financial transactions or other matters affecting the company’s functions were noted. This clean audit report underscores compliance with regulatory standards and transparent financial reporting practices.

The proceedings were conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. Bajranglal B. Agarwal, Whole Time Director and DIN holder 00605957, signed the disclosure filed with BSE Limited.

Tirupati Fin-Lease reported a net profit after tax of ₹52.19 lakhs for the quarter ended June 30, 2026. The company posted a basic earnings per share of ₹1.74 for the period. The Board of Directors approved the unaudited financial results along with the Limited Review Report for Q1FY26 during a meeting held on July 11, 2026.

The financial performance was driven by total revenue from operations of ₹42.89 lakhs, which included a net gain on fair value changes of ₹21.71 lakhs. Total income for the quarter stood at ₹72.10 lakhs against total expenses of ₹19.91 lakhs. The company reported a profit before tax of ₹52.19 lakhs, with no tax expense recorded for the quarter.

A D A & Associates, Chartered Accountants, provided the Independent Auditor's Review Report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The review confirmed that nothing came to their notice that would suggest the financial statements contained material misstatements.

The board appointed an internal auditor for the financial year 2026-27. Furthermore, the directors approved the notice for the 33rd Annual General Meeting (AGM), along with the Director's Report, Management Discussion and Analysis Report, and Corporate Governance Certificate for the Financial Year 2025-26.

The 33rd AGM is scheduled for August 08, 2026, at 02:30 P.M. at the company's registered office. The book closure dates for the AGM are set from August 02, 2026, to August 08, 2026 (both days inclusive). Purva Sharegistry (India) Pvt Ltd was appointed to handle the E-voting process, commencing on August 05, 2026, and concluding on August 07, 2026.

Key Financial Metrics