Abhinav Leasing AGM 2026: ₹6 Cr warrants, CS

Key development: new Company Secretary from September 8

Abhinav Leasing & Finance has appointed Ms. Kamya Sonthalia as Company Secretary and Compliance Officer on a whole-time basis, effective September 8, 2026. The Board of Directors approved the appointment at a meeting held at the company’s registered office in Delhi on September 8. The meeting commenced at 4:00 pm and concluded at 4:30 pm. The company said the appointment is aligned with Regulation 6 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also places Ms. Sonthalia within the Key Managerial Personnel framework from the date of appointment under Section 203 of the Companies Act, 2013. The change comes after the company disclosed that its earlier Company Secretary, Ms. Geeta, resigned on February 28, 2026.

What the filing points to on compliance

A whole-time Company Secretary and Compliance Officer role is typically central to day-to-day compliance for a listed company, including stock exchange disclosures and board process documentation. In this case, the company explicitly linked the appointment to SEBI LODR regulations. The designation as Key Managerial Personnel under the Companies Act also formalises the responsibility and reporting structure. Abhinav Leasing & Finance is registered as an NBFC-Investment and Credit Company (NBFC-ICC) with the RBI (Registration No. B-14.02146). For investors tracking governance updates, this appointment sits alongside other disclosed management changes, including the resignation of an Independent Director effective August 12, 2026.

42nd AGM set for September 16, 2026

The company has scheduled its 42nd Annual General Meeting (AGM) for September 16, 2026, with the meeting set to commence at 11:00 am. A newspaper publication regarding the AGM notice was filed under Regulation 30 (LODR). The company has also stated that the register of members and share transfer books will remain closed from September 9, 2026 to September 16, 2026, both days inclusive. This closure period is relevant for determining eligible shareholders for voting on resolutions placed before the AGM. The cut-off date indicated for voting eligibility is September 9, 2026.

Remote e-voting window and participation rules

Shareholders can participate via remote e-voting through CDSL. The e-voting window opens on September 12, 2026 at 9:00 am and closes on September 15, 2026 at 5:00 pm. The company has stated that members who vote remotely may attend the meeting but cannot vote again in person. These timelines matter because several resolutions relate to capital structure and fund-raising actions. For minority shareholders, the remote voting window is the primary mechanism to register a view on the preferential issue and the related special resolution.

Preferential issue plan: ₹6 crore through convertible warrants

One of the headline agenda items is shareholder approval for a preferential allotment of convertible warrants. The Board previously approved issuance of 6,00,00,000 convertible warrants at ₹1 each, aggregating ₹6 crore. The company disclosed that the warrants are to be allotted equally among four non-promoter entities, with each investor receiving 1.5 crore warrants. The structure includes staged payments: investors must pay 25% of the issue price at application, with the balance 75% payable upon exercise. The exercise window is 18 months from allotment. Converted equity shares will rank pari-passu with existing equity shares and are proposed to be listed on BSE Limited. The company also disclosed that if the balance consideration is paid but an exercise notice is not received within 18 months, the warrants will be mandatorily converted.

Capital increase proposal: authorised share capital to ₹12 crore

To facilitate the proposed issue, Abhinav Leasing & Finance plans to increase its authorised share capital from ₹5 crore to ₹12 crore. The company described the current authorised capital as 5 crore shares and the revised authorised capital as 12 crore shares, creating capacity for 7 crore new shares. This change requires a special resolution at the AGM. As disclosed in the annual report details, the paid-up equity share capital as on March 31, 2026 was ₹4.998 crore, while authorised share capital was ₹5.00 crore at that date. The AGM vote is therefore central to enabling the stated capital-raising plan.

Other AGM business: director re-appointment and related-party approvals

Alongside the special business, the AGM will transact ordinary business such as adoption of audited financial statements for FY26 ended March 31, 2026. The agenda includes re-appointment of Mr. Atul Kumar Agarwal (DIN: 00022779), who retires by rotation. Shareholders will also approve related party transactions for FY27 (April 1, 2026 to March 31, 2027) with entities including Svam Software Limited, Aether Capital Private Limited, and Tridev Infraestates Limited. The company disclosed that individual transaction limits can be up to ₹5 crore. These items often attract investor attention because they affect governance oversight and operating flexibility.

FY26 numbers: profit up, operating revenue down

In its FY2025-26 annual report highlights, Abhinav Leasing & Finance reported revenue from operations of ₹6.493 crore. Net profit for FY26 was ₹0.659 crore, up from ₹0.230 crore in FY25. Profit before tax rose to ₹0.912 crore from ₹0.292 crore in FY25. The company also disclosed that basic EPS for FY26 was 0.132 compared to 0.046 in the previous year, and that no dividend was recommended for FY26. Separately, the company also summarised that revenue from operations fell 83.4% to ₹0.649 crore in FY26 from ₹3.920 crore in FY25.

Quarterly disclosure referenced: Q1FY27 and recent trend

The provided information also cites a quarterly update for the quarter ended June 30, 2026 (Q1FY27). It states the company posted a net profit of ₹15.68 crore, supported by revenue of ₹81.32 crore and lower finance expenses. The same note states this marked a turnaround from a net loss of ₹31.60 crore recorded in Q4FY26. In another table excerpt for June 2026, net profit for the quarter is shown as 0.16 (units not specified in the excerpt), with total revenue for the quarter shown as 0.81 (units not specified). Because the quarterly excerpt does not specify whether figures are in ₹ crore or ₹ lakh, it should be read only as a directional snapshot as presented.

Stock snapshot and basic company profile

Abhinav Leasing & Finance was shown with a live price of ₹1.10, and another reference point stated the share price was ₹1 as on September 15, 2026 at 14:34. A separate quote shows a close price of ₹1.08 on September 11. The provided stock statistics include market capitalisation of about ₹5.40 crore, 52-week high of ₹1.64, and 52-week low of ₹0.86. It is described as a non-systemically important, non-deposit taking NBFC-ICC engaged in investments and financing. The same snapshot lists stock P/E of 12.3, book value of ₹1.35, ROCE of 6.27%, ROE of 10.3%, and face value of ₹1.

Other disclosed items investors may track

The annual report notes one disputed income tax matter for AY 2013-14 amounting to ₹3.325 crore. It also names the statutory auditor as M/s GAMS & Associates LLP. The board composition disclosed includes Managing Director Mamta Agarwal, CFO Amit Aggarwal, Executive Director Atul Kumar Agarwal, and Independent Directors Rajeev Garg, Nikhil Bansal, and Prateek Singh, with Prateek Singh having resigned effective August 12, 2026. Management also stated they are updating the software, as per the provided text.

Key dates at a glance

Why these disclosures matter for shareholders

The company is simultaneously addressing governance staffing, convening an AGM with capital-structure resolutions, and reporting a mixed FY26 picture of higher profit but sharply lower operating revenue. The preferential allotment of warrants at ₹1 each and the proposed increase in authorised share capital are actions that can reshape the equity base once converted, subject to shareholder approval. Investors typically monitor such proposals alongside disclosures on related-party transactions, given the need for clear oversight. The near-term focus remains the AGM and the voting process, with the company already disclosing the e-voting and book-closure timetable.

Conclusion

Abhinav Leasing & Finance’s appointment of Ms. Kamya Sonthalia as Company Secretary and Compliance Officer from September 8, 2026 is a key compliance update disclosed under SEBI LODR. The next immediate event is the 42nd AGM on September 16, 2026, where shareholders will vote on the ₹6 crore convertible warrant issue and the authorised capital increase to ₹12 crore, alongside routine and related-party items. Investors will also track outcomes filed with the stock exchange after the meeting, including any approvals, voting results, and implementation timelines for the preferential issue.