Kumbhat Financial Services Ltd — Others, 22-08-2025: AGM/EGM

Kumbhat Financial Services' 32nd Annual General Meeting saw shareholders approve all nine proposed resolutions. Key approvals included the adoption of the financial statements for the year ended March 31, 2025, and the re-appointment of Shri. Sanjay Kumbhat as Managing Director with an increased remuneration limit. Shareholders also approved the appointment of new statutory auditors and secretarial auditors, the re-appointment of an independent director, and strategic financial moves. These financial moves include permission to borrow funds exceeding paid-up capital, creating a charge on company properties up to Rs. 37 Crore, and raising funds through a private placement of secured, redeemable Non-Convertible Debentures (NCDs).