Joindre Capital Services Ltd Holds 31st Annual General Meeting Via Video Conferencing, Declares Dividend and Considers Director Retirement
Joindre Capital Services Limited is scheduled to hold its 31st Annual General Meeting (AGM) on August 01, 2026. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The members are set to transact various business, including the adoption of annual financial statements and the declaration of a dividend for the financial year ended March 31, 2026.The AGM agenda includes both ordinary and special business matters concerning the company's operations and future growth.
Key Matters to be Discussed at the AGM
The members are called upon to consider and adopt the Audited Standalone Annual Financial Statements and the Audited Consolidated Annual Financial Statements for the financial year ended March 31, 2026. A significant ordinary matter is the declaration of a dividend amounting to Re. 2 per equity share (20% of face value Rs. 10 each).The Special Business item focuses on approving the acceptance or renewal of unsecured deposits from members. This proposal permits the company to accept such deposits, provided that the aggregate amount does not exceed 25% of the aggregate of the paid share capital and free reserves of the company. The resolution grants authority to Mr. Anil Mutha (DIN: 00051924), Executive Chairman, or Mr. Paras Bathia (DIN: 00056197), Whole-time Director for implementation.
Director Appointment and Retirement
The AGM will address the retirement of a director by rotation and offers an opportunity for re-appointment. Mr. Dinesh Jankilal Khandelwal (DIN: 00052077) is due to retire by rotation and has offered himself for re-appointment.Mr. Khandelwal's details, provided in the annexure, indicate he has held a Stakeholders Relationship Committee membership and holds a shareholding of 7,71,600 Equity Shares in Joindre Capital Services Ltd. He possesses over 38 years of experience in the capital markets and financial services industry.
| Director Name | DIN | Status at AGM | Shareholding |
|---|---|---|---|
| Dinesh Jankilal Khandelwal | 00052077 | Retires by rotation; proposed for re-appointment | 7,71,600 Equity Shares |
Dividend and Financial Matters
The Board of Directors has recommended a dividend of Re. 2/- per equity share (face value Rs. 10/each) for the financial year ended March 31, 2026. Subject to members' approval at the AGM, this dividend is slated for payment or dispatch on or before August 30, 2026, to those holding shares as of the Record Date, which is July 25, 2026.The company will also consider and adopt the reports from the Board of Directors and the Auditors concerning both the standalone and consolidated financial statements for the period.
Stock Price Movement
Joindre Capital Services Ltd settled at ₹51.52 in post-market trade, slipping down 1.43% for the day.Shares experienced intraday volatility, moving between a low of ₹51.26 and a high of ₹53.39 during trading hours.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.