Margo Finance Ltd to Hold 35th Annual General Meeting via VC/OAVM on August 7, 2026
Margo Finance Limited announced that its Thirty-fifth (35th) Annual General Meeting (AGM) will be held virtually. The AGM is scheduled for Friday, August 7, 2026, at 12:30 p.m. IST, conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).The meeting agenda includes the adoption of the Audited Standalone Financial Statements for the financial year ended March 31, 2026, along with related reports from the Board of Directors and Auditors. A key item of business is the re-appointment of Mr. Sushilkumar Agrawal (DIN: 00400892), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and seeks reappointment.
The Company has established specific timelines for members to participate in the AGM and related processes. The book closure period for the Annual General Meeting is set from July 31, 2026, to August 7, 2026 (both days inclusive).
E-Voting and Meeting Logistics
To facilitate participation, Margo Finance Limited has mandated the use of the NSDL e-Voting system. The eligibility for remote e-voting and voting during the AGM is determined by the cut-off date, which is set as Friday, July 31, 2026.The window for remote e-voting begins on Tuesday, August 4, 2026, at 9:00 a.m. IST and concludes on Thursday, August 6, 2026, at 5:00 p.m. IST. The E-Voting event number (EVEN) for the company is 140239.
The attendance of members through VC/OAVM will be counted towards determining the quorum under Section 103 of the Companies Act, 2013.
Director Reappointment Details
Mr. Sushilkumar Agrawal is a Non-Executive Non-Independent Director who has been associated with the company since August 11, 2016. He holds bachelor's degree in Commerce from Mumbai University and possesses Certificate of Practice as a Chartered Accountant, having practiced since October 1977. His expertise includes Audit, Financial consultancy, Tax consultancy, and other services related to fund raising and compliance.The remuneration drawn by Mr. Agrawal for the financial year 2025-26 was Rs. 0.37 lakhs. He is currently holds directorships in seven other public companies, including Goldengadre Financial Services Limited and Reliance Wealth Management Limited.
Key AGM Details at a Glance
| Particulars | Details |
|---|---|
| Time and date of AGM | Friday, August 7, 2026 at 12:30 p.m. (IST) |
| Mode of meeting | Video Conferencing / Other Audio-Visual Means |
| Cut-off date for e-voting eligibility | Friday, July 31, 2026 |
| E-voting start time and date | Tuesday, August 4, 2026 - 9:00 a.m. (IST) |
| E-voting end time and date | Thursday, August 6, 2026 - 5:00 p.m. (IST) |
| E-Voting event number (EVEN) | 140239 |
| Director for Reappointment | Mr. Sushilkumar Agrawal |
Stock Price Movement
Margo Finance Ltd stock settled on Wednesday at ₹63.00, registering a 0.47% decline in after-hours trading.Shares traded through the day within a notable range, reaching an intraday high of ₹64.98 before dipping to a low of ₹61.10.
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