WEBVTT 1 "" (0) 00:00:00.000 --> 00:00:01.597 Yeah. 2 "CS Suyash Choudhary" (3700494592) 00:00:01.597 --> 00:00:02.500 Yeah. 3 "Krishna Gupta-CDSL" (3939700736) 00:00:02.500 --> 00:00:05.098 Yeah. Good. 4 "CS Suyash Choudhary" (3700494592) 00:00:05.098 --> 00:00:32.310 Afternoon, everyone, I Amri company Secretary and compliance Officer of available finance Limited. Extend your warm welcome to this 32nd annual general meeting of the company. It gives me an immense pleasure to welcome you all to this meeting. This meeting provides me an explained opportunity to interact with the shareholders of the company. I hope the shareholders are able to hear us and the audios and videos are clear. 5 "CS Suyash Choudhary" (3700494592) 00:00:32.310 --> 00:00:51.570 I appreciate your contribution and participation during this AGM. From the last four years, the company is holding its AGM through video conferencing and other audio visual means persuant to the circulars issued by Ministry of Corporate Affairs and securities and exchange board of India. 6 "CS Suyash Choudhary" (3700494592) 00:00:51.570 --> 00:01:11.570 This year also, the company is holding its AGM through video conferencing and the other audio visual means without the physical presence of the members. On behalf of the members of the company present at the meeting, I welcome Mr. Bagmaer, additional director of the company, who is acting as a chairman of this meeting. 7 "CS Suyash Choudhary" (3700494592) 00:01:11.570 --> 00:01:27.540 And respected board of directors. Now I request Mr. Bangmaer to to kindly commence the proceedings of the meeting, kindly commence the proceedings of the meeting by addressing the shareholders present at the meeting. 8 "CS Suyash Choudhary" (3700494592) 00:01:27.540 --> 00:01:47.400 I would like to inform that more than 15 members are present duely constituting the quorum, hence the meeting maybe commenced. To ensure a smooth and dis disturbance free meeting, all members who are joined are on mute by default. During the question and answer session, the chairman will announce the names of the shareholders. 9 "CS Suyash Choudhary" (3700494592) 00:01:47.400 --> 00:02:05.970 Who have registered themselves as a speaker one by one. The speaker shareholders will be unmuted by the host. When it is their turn to speak, we request that they enable their video. If for any reason a speaker shareholder cannot join by via video, they may still participate through audio. 10 "CS Suyash Choudhary" (3700494592) 00:02:05.970 --> 00:02:21.480 While speaking, we would request the speakers to use the earphone so that he or she is clearly audible. Minimize any noise in the background ensure that the Wi Fi is not connected to any other device and NO other background applications are running. 11 "CS Suyash Choudhary" (3700494592) 00:02:21.480 --> 00:02:37.170 If there is any connectivity issue at the speaker's end, we would ask the next, next speaker to join. Once the connectivity issue improves, the shareholder will be called again to speak. Once the other shareholder would have completed their term. 12 "CS Suyash Choudhary" (3700494592) 00:02:37.170 --> 00:02:52.530 Now I would like to request the chairperson to take forward the proceedings of this meeting. Thank you Misters. A very good afternoon dear shares my fellow board members and auditors present in the meeting. I am the accountant additional director under the category of independent. 13 "CS Suyash Choudhary" (3700494592) 00:02:52.530 --> 00:03:11.130 I'm also the chairman of audit committee and nomination and remination Committee of the company. I'm acting as a chairman of this meeting. Welcome you to all the 32nd in your general meeting of the company. I'm attending the meeting from registered office of the company at indoor. I wish well to all of you. Thank you. Now I would like to start. 14 "CS Suyash Choudhary" (3700494592) 00:03:11.130 --> 00:03:31.130 The role call of directors starting with mr. Rakesh Hou and request you to please introduce yourself one by one over to you mr. Rakesh. Thank you sir. Good morning, everyone. I am Rakesh Sahu, whole time director and CFO of the company. I am attending the meeting from registered office of the company. 15 "CS Suyash Choudhary" (3700494592) 00:03:31.130 --> 00:03:55.100 Over to you Mr.. Thank you Mr.. Good afternoon, everyone. I Amta director of the company attending the meeting from the company registered office at Indoors. Over to Mr.. Thank you Mr.. Good afternoon. I am Rajan Soni director of the company and member of committee of your board. 16 "CS Suyash Choudhary" (3700494592) 00:03:55.100 --> 00:04:15.860 I am attending the meeting from registered office of the company at indoor. Thank you to mr. Patterd. Thank you sir. Good afternoon ladies and gentlemen, I'm Parton. I'm charted account and an additional director independent category of the company. I'm attending the meeting from registered office of the company at indoor. Over to you. 17 "CS Suyash Choudhary" (3700494592) 00:04:15.860 --> 00:04:18.596 Support version? 18 "CS APOORVA JAIN" (3328650752) 00:04:18.596 --> 00:04:36.997 Thank you sir. Hello, everyone. I am Apurva Jen. I'm a company secretary and I am additional director in independent category of the company, and she a person of stakeholder relationship committee of your board. I am attending the meeting from my residents at Indoor. Over to you mr. Suish. Thank you. 19 "CS Suyash Choudhary" (3700494592) 00:04:36.997 --> 00:05:08.579 Then we also have with us mr. Mayesh CEO of the company, Mr. representative of company statutory auditor of the company, and mr. Isanjan secretary auditor of the company. Electronic copies of the end of the notice and annual report is available on the website of the company@www.available finance.in and on this website of www.VAC india.com and notice of. 20 "CS Suyash Choudhary" (3700494592) 00:05:08.579 --> 00:05:24.779 AGM is also available and on the website of CDSL at evoting India.com. Notice of this annual general meeting founds part of annual return annual report and with the consent of the members of the members present in the meeting. 21 "CS Suyash Choudhary" (3700494592) 00:05:24.779 --> 00:05:43.679 The notice of the GM is taken as red. The auditor report on the financial statement of the company is issued by the company, we are pleased to inform that this report does not contain any qualification or adverse remark. 22 "CS Suyash Choudhary" (3700494592) 00:05:43.679 --> 00:05:59.129 The secretary auditor audit report of the company for the financial year 2020 03:24 is issued by practicing company secretaries indoor. The same is enhanced with the annual report. 23 "CS Suyash Choudhary" (3700494592) 00:05:59.129 --> 00:06:15.689 I am pleased to announce that this report does not contain any qualification or adverse remark. With the consent of members present, the secretary report of the company is taken as read. Real members CA was appointed by the board as a scrutinizer. 24 "CS Suyash Choudhary" (3700494592) 00:06:15.689 --> 00:06:33.479 For remote evoting and e voting at this meeting, the scrutinizer will ensure that the e voting and demote evoting is done in fair and transparent manner. I would like to inform that the company has availed the facilities of e voting and remote evoting from central depositories. 25 "CS Suyash Choudhary" (3700494592) 00:06:33.479 --> 00:06:49.709 Services limited CDSL and and as per the requirement of the companies like 2013, the remote evoting was commenced from Tuesday 17th day of September 2024 and has already been concluded on on Thursday. 26 "CS Suyash Choudhary" (3700494592) 00:06:49.709 --> 00:07:05.999 19th day of September 2024 at 05:00 P.M. and e voting facility at AGM is already commenced and will be up available up to 15 min from the conclusion of this AGM. The members who are in the records of the company as on record date. 27 "CS Suyash Choudhary" (3700494592) 00:07:05.999 --> 00:07:24.179 That is 13th of September 2024 shall only be entitled to participate in the voting process. Coming back to our AGM proceedings, it maybe noted that a member who have already casted their vote by remote revoting shall not be entitled to vote again. 28 "CS Suyash Choudhary" (3700494592) 00:07:24.179 --> 00:07:42.779 In this AGM by evoting. Now as per the directions of chairman, I would like to read the agenda items of the notice one by one. 1st one is ordinary business for approval of financial statements of the company for the financial year 2024. The description is. 29 "CS Suyash Choudhary" (3700494592) 00:07:42.779 --> 00:07:58.289 To receive, consider and adopt the audited finance standalone financial statements of the company or the financial year ended 31st March 2024 and the reports of auditor and directors there on. 2nd, the. 30 "CS Suyash Choudhary" (3700494592) 00:07:58.289 --> 00:08:18.289 Consolidated audited financial statements of the company for the financial year ended 2024 and the report of auditor their own. The 2nd item is appointment of a director in place of retiring director. The description is to appoint a director in place of Mr. Gupta who retires by rotation at this. 31 "CS Suyash Choudhary" (3700494592) 00:08:18.289 --> 00:08:34.439 Meeting and being eligible or for himself for the appointment. Now moving on to the special business to be transacted this meeting, updated title is approval of related party transaction and the description is to approve the related party transaction. 32 "CS Suyash Choudhary" (3700494592) 00:08:34.439 --> 00:08:54.439 Contracts and arrangement with the related parties under regulation 23 of the CB lodia regulation 2015. Special result, next one is a special resolution appointment of mr. Daval Bagma as an independent director. The description is to confirm the appointment of mr. Daval Bargmaer as a non executive independent. 33 "CS Suyash Choudhary" (3700494592) 00:08:54.439 --> 00:09:14.759 Director of the company for a 1st term of five consecutive years with effect from 12th of August 2024 to 11th August 2029 not liable to retire by quotation. Another one is his special resolution. Resolution is appointment of mistern Patter as an independent director of the company. 34 "CS Suyash Choudhary" (3700494592) 00:09:14.759 --> 00:09:30.119 In the description is to confirm the appointment of Misterman Patrick as a non executive independent director for the 1st time of five conjective years with effects from 12th August 2024 to 11th August, 2029. 35 "CS Suyash Choudhary" (3700494592) 00:09:30.119 --> 00:09:50.119 And he shall not be able to retire by rotation. Last agenda item of this meeting is appointment of Miss Apurvajan as an independent director of the company. The description is to confirm the appointment of Miss as a woman independent director for the 1st term of five years commencing from 12th of August 2024. 36 "CS Suyash Choudhary" (3700494592) 00:09:50.119 --> 00:10:08.759 Go to 11th of August 2020 01:29 and she shall not be able to retire retire by a rotation. Now I request all the shareholders of the company, please. If not done so. Be a member, now like to, I would like our chairman to invite the shareholders. 37 "CS Suyash Choudhary" (3700494592) 00:10:08.759 --> 00:10:27.929 Whoever registered themselves as a speaker with the company. If they need any clarification or or have queries? Thank you Mr., I would like to open the floor for a question and answer sessions. We have two speaker shareholders who have registered to ask questions and I would like to request the shareholders. 38 "CS Suyash Choudhary" (3700494592) 00:10:27.929 --> 00:10:46.337 To kindly limit their experience to 3 min, we will take up the question from the speakers at once and provide their replies at the end of the meeting. 1st if speaker is Miss. 1st is the. 39 "Krishna Gupta-CDSL" (3939700736) 00:10:46.337 --> 00:10:53.371 Yes yes. Hello, so. Yes I'm muted. Yeah, so my 1st question is this that. 40 "Neelam Mittal" (587660544) 00:10:53.371 --> 00:11:05.378 What do we intend to do with cash flow and dividends we get from our investments? Although I have already shared all the queries with you. 41 "CS Suyash Choudhary" (3700494592) 00:11:05.378 --> 00:11:07.001 Yeah yes ma'am. Yeah. 42 "Neelam Mittal" (587660544) 00:11:07.001 --> 00:11:13.439 The 1st question is this that what do we intend to do with cash flows and dividend we get from our investments? 43 "CS Suyash Choudhary" (3700494592) 00:11:13.439 --> 00:11:23.291 Yeah, and just we have received your mail and we will revert on your queries via email separately within two working days. 44 "Neelam Mittal" (587660544) 00:11:23.291 --> 00:11:27.679 Can't to be discussed right now, like. 45 "CS Suyash Choudhary" (3700494592) 00:11:27.679 --> 00:11:46.550 Ma'am we will get back to you and ma'am, most of the questions are relating to your price sensitive information, so we cannot offer any comment on the same. Whenever any plans something, we will intimate intimate stock exchanges within prescribed timelines. 46 "Neelam Mittal" (587660544) 00:11:46.550 --> 00:11:57.109 But whereas I know we can discuss the this matter irrespective of whether they are price sensitive or not. 47 "CS Suyash Choudhary" (3700494592) 00:11:57.109 --> 00:11:58.607 So. 48 "Neelam Mittal" (587660544) 00:11:58.607 --> 00:12:01.109 Yeah. 49 "CS Suyash Choudhary" (3700494592) 00:12:01.109 --> 00:12:05.128 So man, we will revert on your queries. 50 "Neelam Mittal" (587660544) 00:12:05.128 --> 00:12:08.952 Oh, can I ask my 2nd question? Yeah, sure. 51 "CS Suyash Choudhary" (3700494592) 00:12:08.952 --> 00:12:10.251 Yeah. 52 "Neelam Mittal" (587660544) 00:12:10.251 --> 00:12:17.548 How do we plan to unlock value for shareholders? 53 "CS Suyash Choudhary" (3700494592) 00:12:17.548 --> 00:12:22.989 Okay? Yes. 54 "Neelam Mittal" (587660544) 00:12:22.989 --> 00:12:29.745 Can you hear me? Yeah yes ma'am. How do we plan to unlock value for shareholders? 55 "CS Suyash Choudhary" (3700494592) 00:12:29.745 --> 00:12:36.107 So ma'am, we have just issued your query, we will get back to you ma'am. Sure. 56 "Neelam Mittal" (587660544) 00:12:36.107 --> 00:12:46.608 Okay so you all yeah so I'm hoping a proper answer for all the queries. 57 "CS Suyash Choudhary" (3700494592) 00:12:46.608 --> 00:13:02.562 So thank you miss. We have noted your queries. 2nd speaker Ishaw. 58 "Krishna Gupta-CDSL" (3939700736) 00:13:02.562 --> 00:13:03.779 Yes. 59 "Krishna Gupta-CDSL" (3939700736) 00:13:03.779 --> 00:13:09.179 Yeah, you are unmuted. 60 "rupesh" (2343412736) 00:13:09.179 --> 00:13:10.681 Hello? 61 "CS Suyash Choudhary" (3700494592) 00:13:10.681 --> 00:13:14.677 Yes sir. Yes sir. Okay sir. 62 "rupesh" (2343412736) 00:13:14.677 --> 00:13:50.458 Thank you sir. Sir. 63 "CS Suyash Choudhary" (3700494592) 00:13:50.458 --> 00:13:52.212 Okay. 64 "rupesh" (2343412736) 00:13:52.212 --> 00:14:03.312 Key hard copy. 65 "CS Suyash Choudhary" (3700494592) 00:14:03.312 --> 00:14:04.712 Sir. 66 "rupesh" (2343412736) 00:14:04.712 --> 00:14:13.199 Writing. 67 "rupesh" (2343412736) 00:14:13.199 --> 00:14:30.935 Sir. 68 "CS Suyash Choudhary" (3700494592) 00:14:30.935 --> 00:14:33.298 So last year. 69 "rupesh" (2343412736) 00:14:33.298 --> 00:14:39.852 Okay sir. 70 "CS Suyash Choudhary" (3700494592) 00:14:39.852 --> 00:14:42.454 Yes sir, we haven't received any queries last year. 71 "rupesh" (2343412736) 00:14:42.454 --> 00:15:05.539 Account department, so. 72 "rupesh" (2343412736) 00:15:05.539 --> 00:15:30.100 Yeah. 73 "CS Suyash Choudhary" (3700494592) 00:15:30.100 --> 00:15:32.553 Not at all sir, we will. 74 "rupesh" (2343412736) 00:15:32.553 --> 00:15:50.759 Thank you. 75 "rupesh" (2343412736) 00:15:50.759 --> 00:16:06.778 Subsidiaries. Thank you. 76 "CS Suyash Choudhary" (3700494592) 00:16:06.778 --> 00:16:23.789 It will be displayed by today sir. So thank you Mr., we have noted your queries. Thank you to all our speakers for your questions. I appreciate your engagement and interest in the company. Over to you Mr.. Thank you sir. Now I request chairman for concluding the meeting over to you chairman, sir. 77 "CS Suyash Choudhary" (3700494592) 00:16:23.789 --> 00:16:43.789 Now I would like to inform all the members of the company that the results of e voting along with the report of the scrutinizer will be announced within 48 h from the conclusion of 32nd annual general meeting and shall we place that company's PSC and CAD cell website. With this, the 32nd comes AGM comes to an end on behalf of all the board of directors and management of the company. 78 "CS Suyash Choudhary" (3700494592) 00:16:43.789 --> 00:17:16.429 Convey our sincere thanks to all members for making the time to join us, join us meeting and for your continued support over the years. I hearby declared the meeting as concluded. Thank you so much for your joining students. I once again convey my heartbeat thanks to all the shareholders and directors of for their continued trust and confidence in the management of the company. My gratitude is due to my colleague on the board for their valuable guidance. I also convey my sincere thanks to all of our stakeholders, bankers, autors, legal advisors, consultants, and all other business associates and various. 79 "CS Suyash Choudhary" (3700494592) 00:17:16.429 --> 00:17:27.766 It is for their continued support, interest and confidence in the company and its management. Thank you. 80 "Krishna Gupta-CDSL" (3939700736) 00:17:27.766 --> 00:17:33.766 Yes concluded, right? Just end the meeting. 81 "Tech Support Priyansh" (466873600) 00:17:33.766 --> 00:17:38.246 Okay, so the meeting is concluded. Okay. 82 "CS Suyash Choudhary" (3700494592) 00:17:38.246 --> 00:17:43.440 Thank you.