StockWatch
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Non Banking Financial Company (NBFC)
AGM/EGM30 Sept 2026, 06:00 pm

Salem Erode Investments Ltd Holds 95th AGM

AI Summary

Salem Erode Investments Limited conducted its 95th Annual General Meeting (AGM) on September 30, 2026, via Video Conferencing/Other Audio Video Means (VC/OAVM). The meeting was attended by 25 shareholders, including promoters. Mr. Shinto Stanly, Independent Director, presided over the meeting. The Managing Director addressed the members, highlighting the company's performance in FY 2025-26, focusing on loan portfolio growth, operational efficiency, credit discipline, technology, governance, and risk management. The outlook for the coming year emphasizes prudent underwriting, operational productivity, responsible lending, and sustainable growth. A Question & Answer session was held, and all queries from registered speaker shareholders were addressed. The e-voting facility through CDSL was explained.

Key Highlights

  • 95th AGM held via VC/OAVM with 25 shareholders attending.
  • MD discussed FY26 performance and future growth strategies.
  • Focus on loan portfolio, operational efficiency, and responsible lending.
  • Q&A session addressed shareholder queries.
  • E-voting facility through CDSL was made available.