Sakthi Finance Members Approve 1% Profit Commission for Director

Sakthi Finance Ltd announced that its members, at the 69th Annual General Meeting (AGM) held on September 26, 2026, approved a special resolution. This resolution allows for the payment of a commission of one percent on the company's net profits for the financial year 2026-27 to Dr. Sundaraswamy Veluswamy, a Non-Executive, Non-Independent Director. Additionally, the members approved the issuance of Redeemable, Cumulative, Preference Shares (RCPS) on a private placement basis, not exceeding ₹50 crores of the authorized preference share capital. The RCPS will have a tenure of up to 20 years and a coupon rate not exceeding 12% per annum.