Decillion Finance Ltd successfully concluded its 32nd Annual General Meeting on September 29, 2026. Shareholders deliberated on eleven items, including the conversion of loans into equity, an increase in authorized share capital, and the appointment of new independent directors. The company also confirmed the appointment of M/s MGSA & Co. as the new statutory auditor. The final voting results, including outcomes on special resolutions regarding capital structure and borrowing limits, are expected by October 1, 2026.
Decillion Finance AGM Results: Key Board and Capital Updates
Decillion Finance Ltd completed its 32nd Annual General Meeting on 29th September 2026, passing eleven business resolutions.
The company authorized capital structure changes and appointed new independent leadership to the board.
Reader Takeaway: New independent directors and auditor appointments aim to strengthen governance, while capital restructuring provides financial flexibility.
What just happened
Decillion Finance held its 32nd AGM to address both standard financial approvals and strategic special resolutions. Shareholders voted on the adoption of audited financial statements for FY 2025-26 and the re-appointment of Director Jitendra Kumar Goyal. The company also sought approval for a loan-to-equity conversion and an increase in its authorized share capital.
Governance and Appointments
A key highlight of the meeting was the formalization of new board members. Mrs. Nita Agarwal and Ms. Diksha Sharma were appointed as Non-Executive Independent Directors for five-year terms. Additionally, the company appointed M/s MGSA & Co. as statutory auditors for the current financial year to fill a casual vacancy.
What changes now
The company is set to undergo a structural shift following the approval of increased borrowing limits and changes to the Articles of Association. These updates, along with the proposed loan-to-equity conversion, indicate a move to deleverage the balance sheet and bolster capital adequacy. The official results of these resolutions are pending public disclosure, expected by 1st October 2026.
What to track next
Investors should monitor the BSE and NSDL disclosures due by 1st October 2026. The final tally will confirm whether the special resolutions—specifically those concerning authorized capital and related party transactions—secured the required shareholder supermajority.