Power Finance Corporation Limited (PFC) has announced that its 40th Annual General Meeting (AGM) will be held on Monday, August 31st, 2026, at 11:00 AM. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The agenda includes ordinary business such as receiving and adopting financial statements and reports, confirming interim dividend and declaring final dividend, appointing directors, and fixing statutory auditors’ remuneration. Special business includes the appointment of Shri Rajesh Kumar Agarwal as Director (Finance) and Shri V. Packirisamy as Director (Commercial). The company also seeks approval for enhancing its borrowing limit.
40th Annual General Meeting Details
Power Finance Corporation Limited (PFC) has announced that its 40th Annual General Meeting (AGM) will take place on Monday, August 31st, 2026, commencing at 11:00 AM. The meeting will be conducted virtually through Video Conferencing (VC) or Other Audio Visual Means (OAVM), ensuring accessibility for all shareholders.
Key Agenda Items
The AGM will cover several crucial business items:
Ordinary Business
- To receive, consider, and adopt the Standalone Audited Financial Statements for the financial year ended March 31, 2026, along with the Audited Balance Sheet, Statement of Profit & Loss, and the reports of the Board of Directors, Statutory Auditor, and Comptroller and Auditor General of India.
- To consider and adopt the Consolidated Audited Financial Statements for the financial year ended March 31, 2026, including the same reports.
- To confirm the payment of Interim Dividend and declare the Final Dividend on Equity Shares for the financial year 2025-26.
- To appoint a Director in place of Shri Shashank Misra, who retires by rotation and is eligible for re-appointment.
- To fix the remuneration of the Statutory Auditors.
Special Business
- Appointment of Shri Rajesh Kumar Agarwal (DIN: 09699001) as Director (Finance): To consider and, if thought fit, pass an ordinary resolution for his appointment on the Board of Directors.
- Appointment of Shri V. Packirisamy (DIN: 08910218) as Director (Commercial): To consider and, if thought fit, pass an ordinary resolution for his appointment on the Board of Directors.
The company has taken all necessary steps to ensure compliance with applicable laws and regulations for these appointments. Detailed information regarding the agenda items and participation instructions will be provided in the Notice of the 40th AGM.
Source: BSE
