Anmol India Ltd. to hold 28th AGM on Sept 26; approves loan facility up to ₹25 Cr
Anmol India Limited will hold its 28th AGM on September 26, 2026. The Board approved seeking member approval for a special resolution to grant loans up to ₹25 crore to Anmol Fincap Limited, where directors are interested. The company also approved the Director's Report for FY26 and appointed scrutinizers for the AGM.
The approval to seek member authorization for a ₹25 crore loan to a related party is a material event that could impact the company's financial position and requires shareholder consent. The scheduling of the AGM is a routine corporate event.
The announcement details the outcome of a board meeting, including the scheduling of an AGM and the approval to seek member approval for a loan to a related party. While the loan approval is a significant event, it is subject to member approval and does not inherently present a positive or negative financial outcome on its own.
Anmol India Limited announced the outcome of its Board Meeting held on August 29, 2026. The Board approved the notice for the 28th Annual General Meeting (AGM) of the company's members, scheduled for Saturday, September 26, 2026, at 10:00 AM at the registered office in Ludhiana, Punjab. The Board also approved the Director's Report for the financial year ended March 31, 2026, and the appointment of M/s Harsh Goyal & Associates as practicing company secretaries to act as scrutinizers for the e-voting and voting during the AGM.
Furthermore, the Board resolved to seek member approval for a special resolution to grant loan(s) or financial assistance to Anmol Fincap Limited (AFL), a company in which directors are interested, up to an aggregate amount of ₹25,00,00,000 (Rupees Twenty-Five Crores only). This loan facility will be utilized by AFL exclusively for its principal business activities and will be provided from the company's internal resources or other permissible sources. The Audit Committee has also reviewed and approved this proposed transaction.
The AGM agenda includes the adoption of the Audited Financial Statements for the financial year ended March 31, 2026, the re-appointment of Mr. Chakshu Goyal as a Director liable to retire by rotation, and the special business concerning the loan to Anmol Fincap Limited.
The Register of Members and Share Transfer Books will remain closed from September 19, 2026, to September 26, 2026, inclusive, for the purpose of the AGM. Remote e-voting will commence on September 23, 2026, at 10:00 AM and conclude on September 25, 2026, at 5:00 PM.
A plain-language summary of a public exchange filing by Anmol India Limited. Read the original for the full detail.