Minolta Finance Limited’s Board of Directors convened on August 11, 2026, approving significant strategic initiatives. Key decisions include the potential change of the company name to “Wagad Finance Limited,” subject to regulatory approvals. The board also approved the relocation of the company’s registered office from West Bengal to Mumbai, Maharashtra, and the appointment of M/s. CGCA & Associates as Tax Auditors. The unaudited financial results for the quarter ended June 30, 2026, were also approved.
Board Meeting Outcomes
On Tuesday, August 11, 2026, the Board of Directors of Minolta Finance Limited held a meeting where several important resolutions were passed. The meeting, which commenced at 3:00 PM and concluded at 3:45 PM, focused on key strategic and financial matters for the company.
Key Approvals and Decisions
- Financial Results: The board approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report from the statutory auditors.
- Name Change: A proposal to change the company’s name from “Minolta Finance Limited” to “Wagad Finance Limited” was approved. This change is contingent upon approval from shareholders and relevant statutory authorities.
- Tax Auditors: M/s. CGCA & Associates, Chartered Accountants, were appointed as the company’s Tax Auditors & Consultants. Their firm registration number is 123393W/W100755. The firm possesses extensive experience in taxation and audit services.
- Registered Office Relocation: The board approved the shifting of the registered office within the local limits of Kolkata, West Bengal. Subsequently, another resolution approved the shifting of the registered office from West Bengal (Kolkata) to Mumbai, Maharashtra, pending shareholder and statutory approvals.
- Annual General Meeting: The Notice convening the Annual General Meeting, the Board’s Report for the financial year ended March 31, 2026, and the appointment of a Scrutinizer were approved. The date, time, and venue for the AGM were also fixed.
Annexure – I: Tax Auditor Appointment Details
Details regarding the appointment of M/s. CGCA & Associates as Tax Auditors and Consultants are provided in Annexure-I. The firm, registered under number 123393W/W100755, was appointed on Tuesday, 11, 2026. Their brief profile highlights extensive experience in taxation, audit, accounting, corporate advisory, and financial consultancy. The appointment does not involve any relationship between the auditor and any Director of the Company.
Source: BSE
