Amarnath Securities 32nd AGM Notice

Amarnath Securities Ltd has scheduled its 32nd Annual General Meeting (AGM) for September 30, 2026, at 12:00 PM via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

Reader Takeaway: Shareholders will vote on borrowing powers, auditor appointments, and revised managerial remuneration in a virtual meeting.

What just happened

Amarnath Securities has issued its formal notice for the 32nd AGM. The company has set the e-voting cut-off date for September 23, 2026, with remote e-voting starting on September 27, 2026. The book closure period is set from September 23 to September 29, 2026.

Key Resolutions Proposed

Shareholders are being asked to vote on four significant items:

• Appointment of Mr. Anirudh Tanvar as Secretarial Auditor for a five-year term.
• Approval of managerial remuneration up to Rs. 5 crore per annum in case of inadequate profits.
• Authorization to exercise borrowing powers under Section 180(1)(c), potentially exceeding paid-up capital and free reserves.
• Approval of material related party transactions for the 2026-27 financial year.

Governance and Board Updates

Mr. Chetan Patel is up for re-appointment as a Director, having retired by rotation. Additionally, the board has proposed the appointment of Mrs. Kinnari Chetan Patel as an Executive (Women) Whole-time Director for a five-year term. M/s Shravan Gupta & Associates has been appointed as the scrutinizer for the voting process.

What to track next

Investors should monitor the outcome of the e-voting process and the specific terms of the borrowing resolution, which provides the company with greater flexibility to raise capital.