STOCKWATCH
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Non Banking Financial Company (NBFC)
Board Meeting26 Mar 2026, 09:31 pm

Pasupati Fincap Ltd Appoints Mrs. Rakhi Sharma as Independent Director, Considers Scheme of Arrangement and Capital Reduction

AI Summary

Pasupati Fincap Ltd has appointed Mrs. Rakhi Sharma as a Non-Executive and Independent Director, effective from 26th March 2026. The company also considered a Scheme of Arrangement of Reduction of Share Capital due to accumulated business losses, subject to shareholder and regulatory approvals. The company has also approved a change of name to Harmanshi Appliances Co. Limited, subject to approvals. An Extra-Ordinary General Meeting (EGM) has been convened for various approvals, including the appointment of Mrs. Rakhi Sharma as an Additional Director for a term of five consecutive years, and the appointment of M/s. Akash & Co. as the Scrutiniser for the remote e-voting and voting during the EGM. The company has fixed Saturday, 18th April 2026, as the 'Cut-off Date' for determining the Members eligible to remote e-voting and attending the General Meeting.

Key Highlights

  • Appointment of Mrs. Rakhi Sharma as Non-Executive and Independent Director
  • Consideration of Scheme of Arrangement of Reduction of Share Capital
  • Approval of change of name to Harmanshi Appliances Co. Limited
  • Convening of Extra-Ordinary General Meeting (EGM)
  • Appointment of M/s. Akash & Co. as the Scrutiniser for the remote e-voting and voting during the EGM
PASUFIN
Non Banking Financial Company (NBFC)
PASUPATI FINCAP LTD.

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