Voltaire Leasing & Finance Limited concluded its 42nd Annual General Meeting on September 24, 2026, with shareholders approving the audited standalone financial statements for FY26 and the re-appointment of Managing Director Alok Kumar Behera.

The meeting was conducted entirely through video conferencing, commencing at 12:15 pm and concluding at 1:00 pm. Mr. Behera, who serves as Chairman and Managing Director, occupied the chair and confirmed that the required quorum under Section 103 of the Companies Act, 2013 was present. The company reported that 44 members participated in the virtual session.

Resolutions and voting procedures

Shareholders considered two primary items of ordinary business as outlined in the meeting notice:

1. Adoption of the audited standalone financial statements for the financial year ended March 31, 2026, along with the Board of Directors' and Auditors' reports.
2. Appointment of Mr. Alok Kumar Behera (DIN: 00272675) in place of himself, as he retired by rotation and offered himself for re-appointment.

The company provided remote e-voting facilities from September 21 to September 23, 2026, alongside live electronic voting during the AGM for members who had not voted earlier. Mrs. Kriti Daga, a practicing company secretary, served as the scrutinizer for both remote and live voting processes.

Voting results and scrutiny

The scrutinizer report submitted to BSE confirms that all resolutions were passed with requisite majority. For the adoption of financial statements, 1,218,269 votes were cast in favor, representing 99.98% of valid votes. Only 212 votes were cast against this resolution.

Similarly, for the re-appointment of Mr. Behera, 1,218,269 votes were recorded in favor, constituting 99.98% of the total valid votes cast. The opposition remained minimal at 212 votes, or 0.02%. No physical ballots or invalid votes were reported during the process.

Meeting logistics and compliance

The Chairman noted that five members registered as speakers, two of whom appeared and had their queries addressed. Since the meeting was held virtually, no proxies were required. Registers of members, directors, key managerial personnel, and contracts were made accessible electronically for inspection by shareholders upon request.

The results of the voting have been declared following the scrutiny of votes cast through e-voting and remote e-voting. These results have been intimated to the stock exchange and uploaded on the company's website.

Voltaire Leasing & Finance has scheduled its 42nd Annual General Meeting (AGM) for Thursday, September 24, 2026, at 12:15 pm. The meeting will be held via video conferencing to transact ordinary business, including the adoption of financial statements for FY26 and the re-appointment of Chairman and Managing Director Alok Kumar Behera.

The company’s register of members and share transfer books will remain closed from September 18, 2026, to September 24, 2026, inclusive. Shareholders holding equity shares as of the end of business on September 18, 2026, are eligible to attend and vote.

Financial Performance

Voltaire Leasing reported a net profit of ₹0.51 lakh for FY26, marking a significant turnaround from the net loss of ₹8.65 lakh recorded in FY25. Total revenue for the year stood at ₹75.19 lakh, down from ₹170.43 lakh in the previous year. Revenue from operations was ₹68.55 lakh, primarily driven by interest income, while other income contributed ₹6.64 lakh.

What the Numbers Show

The shift to profitability was driven by a reduction in total expenses, which fell to ₹74.51 lakh from ₹178.11 lakh in FY25. This cost containment occurred despite a sharp decline in revenue from operations, which dropped to ₹68.55 lakh from ₹159.30 lakh. The company also saw a decrease in provision for expected credit losses (ECL), which stood at ₹26.27 lakh in FY26 compared to ₹34.72 lakh in FY25.

Corporate Governance and Compliance

The Board of Directors has not recommended any dividend for the year under review. The paid-up equity share capital remains at ₹4.118 crore, consisting of 41,18,000 equity shares of ₹10 each. The registered office of the company has been shifted from Mumbai to Kolkata, effective July 30, 2026.

Statutory auditors M/s S P M L & Associates noted that the company meets the criteria for registration as a Non-Banking Financial Company (NBFC) under Section 45-IA of the RBI Act but has not yet obtained such registration. The management stated it will apply for the license.