Greencrest Financial Services Ltd

NCS payment obligations

• No NCS, debentures, or similar instruments with payment obligations due in the upcoming quarter.
• There are no unpaid Interest/Dividend/Principal obligations from previous periods related to NCS.

Greencrest Financial Services Ltd – Trading window closure from Oct 1, 2026; will end after 48 hours from the date of declaration of Un-Audited Financial Results for the 2nd Quarter ended Sep 30, 2026 for the Financial Year ended Mar 31, 2027.

AGM Details

• AGM conducted via VC/OAVM.
• Notice date: 01 September 2026.
• Remote e-voting window: 21–23 September 2026.
• VC attendance: promoters 2, public 93.

Key Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt standalone financials; passed with 99.57% in favour, 0.43% against.
• Resolution 2 (Ordinary): Re-appoint Sunil Parakh by rotation; 98.76% in favour, 1.24% against.
• Resolution 3 (Ordinary): Increase authorized share capital; 99.57% in favour, 0.43% against.

Director Changes

• Sunil Parakh re-appointed as director by rotation.

AGM Details

• AGM held September 24, 2026 at 11:30 AM via VC/OAVM.
• Cut-off date for voting: Sep 17, 2026; total shareholders on record: 58,868.
• Mode: VC/OAVM; no physical attendance; 95 attendees via video conferencing.
• Remote e-voting window: Sept 21–23, 2026; ballots not used.

Key Resolutions

• Resolution 1: Adoption of audited financial statements for year ended March 31, 2026.
• Resolution 2: Re-appointment of Mr. Sunil Parakh by rotation.
• Resolution 3: Increase in Authorized Share Capital and MOA amendments.

Voting Results

• Resolution 1 passed with 99.57% in favour.
• Resolution 2 passed with 98.76% in favour.
• Resolution 3 passed with 99.57% in favour.

AGM details

• AGM held on 24 September 2026 at 11:30 AM via Video Conferencing.
• Meeting concluded at 12:05 PM.
• Attendance: 95 members, including promoter group.
• Remote e-voting window: 21–23 September 2026.
• Scrutinizer: Kriti Daga, Practicing Company Secretary.

Resolutions considered

• Ordinary: Adopt standalone financial statements for year ended March 31, 2026.
• Ordinary: Re-appoint Sunil Parakh as director by rotation.
• Special: Increase authorized share capital and amend Memorandum of Association.

Voting results

• Results to be declared after counting; intimated to stock exchanges.
• Results to be uploaded on the company's website.

Other governance notes

• Dividend status not indicated in the proceedings.
• No related party transactions disclosed.
• No auditor appointments or changes disclosed.

Financials

• Revenue from operations stood at ₹3,814.14 lakh for FY2025-26, down from ₹7,177.82 lakh.
• Net PAT was ₹134.88 lakh, up from ₹130.85 lakh.
• PBT ₹189.46 lakh; tax expense ₹54.59 lakh; net tax assets ₹0.55 lakh.
• EPS (basic and diluted) is ₹0.04 per share.
• Dividend for the year: no dividend declared.

Capital & capital allocation

• Paid-up equity capital: ₹3,655.08 lakh; unchanged in FY2025-26.
• Authorized capital proposed to increase to ₹90 crore, subject to AGM approval.
• Net debt ₹5,078.69 lakh; debt‑to‑equity ratio 0.90.
• Capital adequacy (CRAR) reported at 48.05% as of 31 March 2026.

Governance & audit

• Statutory auditors: Rajesh Kumar Gokul Chandra & Associates; five-year term.
• Secretarial auditor: Kriti Daga; MR-3; no qualifications reported.
• Board comprises five directors; three independent; Sunil Parakh up for reappointment.

Audit flags & compliance

• Emphasis of matter on valuation of unquoted stock; independent valuer engagement in progress.

Risk management & governance

• NBFC risks include credit, liquidity, and market risk; Board/Audit Committee review risk framework.
• ALRMC established for liquidity and asset‑liability management oversight.

Outlook & opportunities

• MD&A notes NBFC sector growth; FY2025-26 credit growth at 16.7%.
• Opportunities in Tier II and Tier III rural markets.
• Regulatory tightening risk for NBFCs.

Book closure details

• Book closure from 18 September 2026 to 24 September 2026 (inclusive) for AGM.
• Purpose: Annual General Meeting.

Director's Report

• Approved and adopted the Director's Report for FY 2025-26 along with annexures.

Re-appointment of Sunil Parakh

• Recommended re-appointment of Sunil Parakh at the 34th AGM (retiring by rotation).

Capital increase

• Approved increase in Authorized Capital to Rs 90 crore; Memorandum of Association amendments, subject to AGM approval.

Book closure

• Fixed Book Closure period for 34th AGM.

Secretarial audit

• Approved Secretarial Audit Report for FY 2025-26 by Kriti Daga.

Scrutinizer appointment

• Appointed Kriti Daga as Scrutinizer for E-voting and AGM voting.

AGM notice and date

• Approved Notice of 34th AGM; scheduled Sept 24, 2026 via VC/OAVM.

Meeting Details

• Date: September 1, 2026
• Location: Registered Office, Greencrest Financial Services Limited
• Time: not disclosed

Key Agenda Items

• Adopt Directors' Report for FY 2025-26 and AGM Notice
• Re-appointment of Sunil Parakh (DIN: 01008503) on retirement by rotation
• Increase in Authorized Share Capital and MOA amendments
• Fix day, date, time, mode, venue and calendar of AGM
• Fix closing dates for Register of Members and Transfer Books
• Appoint Scrutinizer for the AGM
• Any other item with permission of Chairman

Other Notes