Abirami Financial Services India Ltd

Abirami Financial Services India Ltd: Trading window closed from 1 October 2026; will reopen 48 hours after the declaration of duly approved financial results for the quarter ended 30 September 2026

AGM Details

• Date/time: 18 September 2026, 3:00 PM IST.
• Mode: VC/OAVM with remote e-voting.
• Venue: Registered office, Chennai.
• Cut-off date for voting: 11 August 2026.
• Shareholders on record date: 2379.
• Attendees via VC: 34.
• Scrutinizer appointed for e-voting.

Resolutions & Outcomes

• Resolution 1: Ordinary — adopt Audited Financial Statements for FY2026; passed 100% in favour.
• Resolution 2: Ordinary — declare final dividend; passed 100% in favour.
• Resolution 3: Special — re-appoint director by rotation; passed 100% in favour.
• Resolution 4: Special — independent director beyond age 75; passed 100% in favour.
• Resolution 5: Special — independent director re-appointment; passed 100% in favour.

Dividend & Governance

• Dividend: Final dividend approved on equity shares.
• Auditors: No changes to statutory or internal auditors reported.
• RPTs: No material related party transactions disclosed.

AGM Details

• Date and time: 18 September 2026, 3:00 PM, held via VC/OAVM.
• Meeting concluded at 3:42 PM and e-voting closed at 3:57 PM.
• Remote e-voting available from 15 Sep 2026 09:00 to 17 Sep 2026 17:00.
• Scrutinizer appointed: Sindhuja Porselvam, Company Secretary in Practice.

Resolutions Put to Vote

• Adopt Audited Financial Statements for the year ended 31 March 2026.
• Declare final dividend on equity shares for the year ended 31 March 2026.
• Re-appoint director retiring by rotation: K.V. Aiyappan.
• Re-appoint Independent Director Arunachalam Kanaga Sabesan beyond age 75.
• Re-appoint Independent Director Revathi Sureshkumar.

Voting & Audit Notes

• Results of voting to be uploaded on the company website and communicated to the stock exchange.
• Independent Auditor’s Reports for FY2025-26 contained no qualifications or adverse observations.
• E-voting window remained open for 15 minutes post-meeting.

Special window details

• Special window to relodgement of transfer and dematerialisation for pre-2019 physical shares.
• Window period: February 5, 2026 to February 4, 2027.
• Transfers previously rejected due to deficiencies may be lodged during the window.
• Processing will be in demat mode after due process per SEBI circular HO/38/13/11(2)2026.
• Newspaper notices published Sep 11, 2026 in Trinity Mirror and Makkal Kural.

AGM and annual report access

• AGM (33rd) to be held Sep 18, 2026 at 3:00 PM IST via VC/OAVM.
• Notice and Annual Report for FY 2025-26 sent electronically to registered email holders.
• Unregistered email holders will access the Annual Report via the provided web link.
• KYC details should be updated; forms available on the company site and RTA Cameo portal.
• Annual Report for FY 2025-26 available at https://www.afslindia.in/Annual-Report.html

AGM notice & dividend details

• Notice for the 33rd AGM to be held via VC/OAVM on 18 September 2026 at 3:00 PM IST.
• Record date for AGM and dividend purposes fixed at 11 September 2026.
• Book closure from 12 September to 18 September 2026 (inclusive).
• Remote e-voting window opens 15 September 2026 9:00 AM and closes 17 September 2026 5:00 PM.
• Final dividend of Rs 1.5 per equity share, subject to shareholder approval.
• Dividend payout will be electronic to shareholders with updated bank details.
• TDS will be deducted on dividend payments as per the IT Act.
• E-voting login credentials will be provided by the Company/RTA.
• Notice and annual report available on Company website and evoting portal.
• Email distribution for AGM notice; physical copies on request.

AGM & agenda

• 33rd AGM on 18 Sep 2026 via VC/OAVM.
• Record date for dividend: 11 Sep 2026.
• E-voting window: 15–17 Sep 2026.
• Book closure: 12–18 Sep 2026.
• Final dividend: ₹1.50 per share (15%).
• Re-appointment of K.V. Aiyappan beyond 75 by Special Resolution.
• Re-appointment of Sabesan as Independent Director for 5 years.
• Re-appointment of Revathi Sureshkumar as Independent Director for 5 years.
• Santhosh Veerappan appointed Independent Director for 5 years from 27-Apr-2026.
• M.G. Bhaskar retired as Independent Director on 15-Jun-2026.
• Annual report and AGM notice available on company website.

Financial performance

• Revenue from operations was NIL for FY2026.
• Other income: ₹133.30 Lakh.
• Profit before tax: ₹67.22 Lakh.
• Tax expense: ₹16.02 Lakh.
• Profit after tax: ₹51.21 Lakh.
• Basic EPS: ₹0.95.
• Total assets: ₹20.03 crore; total equity: ₹19.54 crore.

Dividend and capital allocation

• Final dividend of ₹1.50 per share, subject to AGM approval.
• Dividend tax deducted at source as per law.
• Dividend payout as per applicable policy; no reserve transfer details disclosed here.

Capital structure and liquidity

• Paid-up equity capital remains ₹5.40 crore (₹540 lakh).
• Promoter holdings: KV Aiyappan 46%; Vaswani 20%.
• Dematerialised shares: 97.94%; physical: 2.06%.
• Top holders: KV Aiyappan 24,65,000 shares (46%); Vaswani 10,80,000 shares (20%).
• Scrip code: 511756; NSE symbol ABIRAFN.

Governance & governance flags

• Board comprises six directors; mix of executive, non-executive and independent; one woman director.
• Statutory auditors: TSG & Associates; Secretarial Auditor: Sindhuja Porselvam; reports unmodified.
• Four board meetings held in FY2025-26.
• Remuneration: non-executive directors receive sitting fees; executive director ₹3.75 Lakh.
• Vigil mechanism in place; Board ensures compliance and governance standards.

Related party transactions & internal controls

• Related party transactions not material; all at arm's length and approved by Audit Committee.
• Remuneration to Chitra Sivaramakrishnan: ₹3.75 Lakh.
• Remuneration to D. Parthiban: ₹4.49 Lakh; Jyothi Mehra: ₹4.55 Lakh.
• Internal financial controls are adequate and operating effectively.

Shareholding & investor relations

• Dematerialised shares: 97.94%; physical 2.06%.
• Top shareholders: KV Aiyappan 46%; Vaswani 20%.
• GDR/ADR: none; no convertible instruments outstanding.
• Scrip code: 511756; NSE symbol ABIRAFN.
• Annual listing fees paid to BSE; depository fees paid.

Re-appointment of K.V. Aiyappan

• Re-appointment approved for K.V. Aiyappan as Non-executive Director cum Chairman.
• Retires by rotation and eligible for re-appointment.
• Related to Mrs. Chitra Sivaramakrishnan and Mrs. Muthulakshmi Ganesh.
• Not debarred from holding office by SEBI or other authorities.

Re-appointment of A.K. Sabesan

• Re-appointed as Independent Director for a second term from 30 September 2026.
• Term: five years, not liable to retire by rotation.
• Profile: 20+ years banking experience; former senior manager in India and Hong Kong.
• No inter-se relationships with directors or KMP.
• Not debarred from holding director's office by SEBI or authorities.

Re-appointment of Revathi Sureshkumar

• Re-appointment as Independent Director for a second term from 30 September 2026.
• Term: five years, not liable to retire by rotation.
• Profile: Commerce graduate with finance and accounts experience; directorship in private company.
• No inter-se relationships with directors or KMP.
• Not debarred from holding director's office by SEBI or authorities.

Cessation of Munjurpet Bhaskar Gopu

• Second term expired; ceased as Independent Director on 15 June 2026.

Financial performance

• Quarter ended June 30, 2026: standalone net profit ₹9.77 Lakh.
• Total income for the quarter was ₹30.72 Lakh.
• Earnings per share: basic ₹0.18, diluted ₹0.25.
• Paid-up equity share capital ₹540.00 Lakh.
• Face value ₹10 per share.
• Limited review conducted by statutory auditor.
• Board approved results on 28 July 2026.