Paragon Finance Ltd

Dematerialisation processing status

• Securities received for dematerialisation during the quarter were verified and confirmed to depositories.
• Dematerialised securities have been listed on the stock exchanges where the earlier securities were listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification, and the depository name substituted as registered owner.

Appointment details

• Appointment of Mrs. Deepa Kumari Saha as Additional Director in the category of Non-Executive Independent Director.
• Effective 14 October 2026.
• Appointed on the recommendation of the Nomination and Remuneration Committee.
• Declaration confirms independence criteria under Companies Act and SEBI Listing Regulations.
• Over 10 years of experience in Corporate Governance, Regulatory Compliance and Board Advisory.
• Associate Member of the Institute of Company Secretaries of India.
• Attendance: Attended 1 of 1 Board Meeting up to appointment date.
• Directorships in other listed companies: 2.
• Chairperson of Audit Committee, Stakeholders' Relationship Committee and Nomination & Remuneration Committee at J.A. Finance Limited.
• Member of Audit Committee, Stakeholders' Relationship Committee and Nomination & Remuneration Committee at Brahmanand Himghar Limited.
• Disclosure of relationships with other directors: None.

Dematerialisation status

• Dematerialisation requests processed and verified; confirmed to depositories; securities listed on exchanges.
• Physical certificates received for dematerialisation mutilated and cancelled; depository name substituted as registered owner.
• No exceptions, delays, or non-compliance reported.

AGM details

• AGM date and mode: 26 September 2026, 12:15 p.m., via VC/OAVM.
• Record date: 19 September 2026; shareholders on record: 2,111.
• Resolutions passed: five; AGM concluded at 12:30 p.m.

Resolutions and voting

• Resolution 1 (Ordinary): Adoption of Audited Standalone Financial Statements and Reports; passed.
• Resolution 2 (Ordinary): Appointment of Executive Director; passed.
• Resolution 3 (Ordinary): Appointment of Secretarial Auditor for five years; passed.
• Resolution 4 (Ordinary): Revision of remuneration for Executive Directors; passed.
• Resolution 5 (Special): Regularisation of Non-Executive Independent Director; passed.

Dividend

• Dividend proposal or declaration: none.

Director changes

• Executive Director appointment approved for five-year term.
• Regularisation of Non-Executive Independent Director approved.

Auditors

• Statutory auditor unchanged; engagement continued.

Related party transactions

• No material related party transactions were approved.

Paragon Finance Limited closes trading window from October 1, 2026 until 48 hours after the declaration of its Financial Results for the quarter ended September 30th, 2026.

Independent Director Appointment

• Appointment of Mrs. Raveena Agrawal as Non-Executive Independent Director.
• Term: Five-year term from 31 Aug 2026 to 30 Aug 2031, not liable to retire by rotation.
• Reason/Process: Recommended by Nomination and Remuneration Committee; approved by AGM via Special Resolution.
• Professional profile: Fellow Member of ICSI; over 10 years in compliance, governance, and finance.
• Relationships: No inter-director relationships disclosed.
• Board impact: Appointment strengthens independent oversight; no rotation changes.

AGM Details

• AGM held on 26 September 2026 at 12:15–12:30 IST via VC/OAVM.
• Deemed venue: the company's registered office.
• Attendance: 45 members were present.

Key Resolutions

• Ordinary: Adopt standalone financial statements for year ended 31 March 2026.
• Ordinary: Re-appointment of Executive Director retiring by rotation.
• Ordinary: Appointment of Secretarial Auditor for five consecutive years.
• Ordinary: Revision of remuneration for two Executive Directors, effective May 1, 2026.
• Special: Regularisation of Mrs. Raveena Agrawal as Non-Executive Independent Director.

Voting Results

• Adoption of standalone financial statements — outcome not disclosed.
• Re-appointment of Executive Director — outcome not disclosed.
• Appointment of Secretarial Auditor — outcome not disclosed.
• Remuneration revision for EDs — outcome not disclosed.
• Regularisation of Independent Director — outcome not disclosed.

Director Changes

• Regularisation of Mrs. Raveena Agrawal as Non-Executive Independent Director.

Auditors

• Secretarial Auditor appointed for five-year term.

Resignation of director

• Resigning director: Anshul Goenka, Non-Executive Independent Director.
• Effective date of resignation: 31 August 2026.
• Reason: preoccupation with other personal and professional commitments.
• There are no other material reasons for resignation.
• Other listed entities where the director holds directorships or committee memberships: Nil.

Appointment details

• Board recommended appointment of Mr. Altab Uddin Kazi as Secretarial Auditor.
• Term proposed for five consecutive financial years from FY2025-26 to FY2029-30.
• Appointment subject to approval by shareholders at the ensuing AGM.
• Appointee is practising Company Secretary with FCS No. 12581, CP No. 27662.
• Board approved recommendation on August 31, 2026.