Garbi Finvest Shareholders Give Unanimous Approval to 3 Directors

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AuthorRiya Kapoor|Published at:
Garbi Finvest Shareholders Give Unanimous Approval to 3 Directors
Overview

Garbi Finvest Ltd shareholders overwhelmingly approved the appointment of three directors through a postal ballot, with over 99.99% of votes cast in favour. The appointments of Mr. Deepak Vishwakarma, Mr. Rakesh Agarwal, and Mrs. Preeti Vijayvargia are set to strengthen the company's board and reinforce its commitment to corporate governance.

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Garbi Finvest Shareholders Ratify Director Appointments Unanimously

Garbi Finvest Limited shareholders have overwhelmingly approved the appointment of three directors, signaling strong support for the company's leadership and governance. The postal ballot, which concluded on April 27, 2026, saw an exceptional 99.9999% of votes cast in favour of the resolutions. Out of 3,227,239 total votes polled, 3,227,237 votes were in favour, according to the scrutinizer's report dated April 28, 2026.

The appointments of Mr. Deepak Vishwakarma, Mr. Rakesh Agarwal, and Mrs. Preeti Vijayvargia have now been formally ratified by shareholders. These approvals are crucial for strengthening the company's board and reinforcing its commitment to robust corporate governance.

Mr. Vishwakarma was previously appointed as an Additional Director on November 29, 2025, following the resignation of Mr. Suranjan Upadhyay. Mr. Agarwal and Mrs. Vijayvargia were initially appointed as Additional Directors on August 18, 2025. Today's vote solidifies these roles.

Mrs. Preeti Vijayvargia plays a key role as Chairperson for the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. Mr. Rakesh Agarwal serves as an Independent Director.

Operating as a Non-Banking Financial Company (NBFC) in India's financial services sector, Garbi Finvest's peers include companies like Muthoot Microfin Ltd, Ekam Leasing and Finance Co Ltd, and Shri Niwas Leasing and Finance Ltd.

Shareholders will now await the official publication of the voting results and the Scrutinizer's Report. Future strategic decisions and the company's operational performance under this confirmed board structure will be key areas to monitor.

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