KJMC Corporate Advisors (India) Ltd has scheduled its 28th Annual General Meeting for September 29, 2026. Shareholders will vote on a dividend of Rs 0.70 per share, the re-appointment of key directors, and an enabling resolution to raise up to Rs 20 crore in capital. The meeting also seeks approval for significant related-party transactions with group entities, including KJMC Financial Services.
KJMC Corporate Advisors Announces 28th AGM and Fundraising Plans
Dividend of Rs 0.70 per equity share and proposed fundraising of up to Rs 20 crore.
Reader Takeaway: Investors should watch the RPT approvals and capital raising plans for potential impacts on company cash flow.
What just happened
KJMC Corporate Advisors (India) Ltd has issued a notice for its 28th Annual General Meeting (AGM) to be held via video conferencing on September 29, 2026. The board has placed several key resolutions before shareholders, covering capital allocation, leadership continuity, and operational funding.
Why this matters
The meeting acts as a governance checkpoint where shareholders will approve the financial performance for the year ended March 31, 2026. The proposed dividend of Rs 0.70 per share provides direct returns, while the enabling resolution to raise Rs 20 crore signals the company's intent to strengthen its balance sheet for upcoming investment and operational requirements.
Corporate Actions and Governance
Beyond the dividend, the company is seeking approval for:
- Director Re-appointments: Mr. Girish Jain as Whole-Time Director, alongside Independent Directors Mr. Shyam Khandelwal and Ms. Pranjali Bhandari for second five-year terms.
- Commission Payments: A resolution to pay commission to promoter-group directors, capped at 10% of the preceding year's net profit before tax.
Related Party Transactions
The company is seeking shareholder mandates for large-scale related-party transactions to be conducted at arm's length. Approvals are sought for transactions with Puja Trades & Investments (up to Rs 25 crore per annum) and KJMC Financial Services (up to Rs 100 crore per annum) through to the 2027 AGM.
Fundraising Proposal
The enabling resolution for Rs 20 crore allows the company flexibility to raise funds through equity, preference shares, or convertible/non-convertible securities. Management intends to use these proceeds for general corporate purposes and working capital expansion.
What to track next
Watch for shareholder sentiment regarding the magnitude of the related-party transactions and the timing of any potential capital raise under the new enabling resolution.