Savani Financials Ltd(Savani Financial) Corporate Action | India Infoline

Corporate Action

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Purpose	AGM Date	Announcement Date	Book Closure Start Date	Book Closure End Date
AGM	27-Sep-2023	05-Sep-2023	-	-
Pursuant to Regulation 47 and Regulation 30 of SEBI (LODR) Regulations, 2015 we enclose herewith the advertisement published in the newspapers viz. Freepress Journal (English) and Navashakti (Marathi) for information of 39th Annual General Meeting, E-voting and other related information post-dispatch of Annual Report of Savani Financials Limited for financial year 2022-23. Proceedings of the 39th Annual General Meeting (AGM) held on Wednesday, September 27, 2023 Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 read with SEBI Circular we wish to inform that the members of the Company at the Annual General Meeting held on September 27, 2023 have approved the following: 1. Increase in authorised share capital of the company and consequential amendment in the Memorandum of Association of the Company. 2. To consider and approve adoption of new set of Memorandum and Articles of Association of Company Pursuant to Regulation 30 of SEBI (LODR) Regulations read with SEBI circulars we wish to inform that the members of the Company at the Annual General Meeting held on September 27, 2023 have approved the following: 1. Appointment of Mr. Manish Chulawala (DIN : 01077865) as a Non - Executive & Independent Director of the Company 2. Appointment of Mr. Ajay Patadia (DIN : 00298226) as a Non - Executive & Independent Director of the Company 3. Continuation of Appointment of Ms. Deepa Tracy (DIN: 00516615) as Managing Director of the Company who has attained the age of 70 years Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI circulars we wish to inform that the members of the Company at the Annual General Meeting held on September 27, 2023 have approved the appointment of M/s. Jayantilal Thakkar & Co., Chartered Accountants (ICAI Firm Reg No. 104133W) as the Statutory Auditors of the Company for a period of 5 years from September 27, 2023 till the conclusion of the 44th Annual General Meeting of the Company. (As Per BSE Announcement Dated on 27.09.2023)

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.