StockWatch
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Non Banking Financial Company (NBFC)
AGM/EGM29 Sept 2026, 05:50 pm

Shree Securities Ltd Holds 33rd AGM, Discusses Financials and Capital Changes

AI Summary

Shree Securities Limited conducted its 33rd Annual General Meeting (AGM) on September 29, 2026, via video conferencing. Key agenda items included the adoption of audited financial statements for the fiscal year ending March 31, 2026, and the appointment of statutory auditors. Special business transacted involved approvals for advancing loans, guarantees, and securities under Sections 185 and 186 of the Companies Act, 2013. The meeting also addressed increasing the foreign portfolio investor threshold to 49%, appointing Mr. Udayan Shardul Kachchhy as an independent director, and approving the reduction and consolidation of share capital. The AGM concluded with no qualifications in the auditors' reports.

Key Highlights

  • AGM held on Sep 29, 2026, via VC/OAVM.
  • Audited financials for FY26 adopted.
  • Approvals sought for loans, guarantees, and investments.
  • Foreign investor limit to be increased to 49%.
  • Share capital reduction and consolidation approved.