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    Encash Entertainment shareholders adopt FY26 financials, reappoint Sachet Saraf as CMD

    JamesBy 2 Comments3 Mins Read

    1 min read | Published on 29 Sept 2026, 04:08 PM |Updated on 29 Sept 2026, 04:08 PM

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    • Encash Entertainment held its 18th AGM on September 29, 2026 in Kolkata
    • Shareholders adopted audited financial statements for FY26
    • Sachet Saraf re-appointed as Chairman and Managing Director for one year
    • Rashmi Saraf re-appointed as director after retiring by rotation
    • All resolutions passed with requisite majority via remote e-voting

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    *this image is generated using AI for illustrative purposes only.

    Encash Entertainment Limited shareholders adopted the audited financial statements for FY26 during the 18th Annual General Meeting held on September 29, 2026. The meeting also saw the reappointment of Sachet Saraf as Chairman and Managing Director for a one-year term.

    The company, listed on the BSE SME Platform, convened the meeting at its registered office in Kolkata. All resolutions proposed in the notice were passed with the requisite majority through remote e-voting and poll processes.

    Key resolutions passed

    Shareholders approved three primary agenda items, covering both ordinary and special business. The adoption of the balance sheet and profit and loss accounts marked the completion of the statutory review for the fiscal year ending March 31, 2026.

    Agenda Item Type Outcome
    Adoption of audited financial statements for FY26 Ordinary Passed with requisite majority
    Re-appointment of Rashmi Saraf (DIN: 02096360) Ordinary Passed with requisite majority
    Re-appointment of Sachet Saraf (DIN: 01377285) as CMD Special Passed with requisite majority

    Governance updates

    Sachet Saraf, serving as Managing Director, chaired the session. The company confirmed that Ms. Neha Poddar, a Practicing Company Secretary, acted as the scrutinizer to ensure fair and transparent voting procedures. Results were disseminated to BSE Limited and uploaded to the company website and NSDL within stipulated timelines.

    The re-appointment of Sachet Saraf as Chairman and Managing Director is effective for one year commencing January 18, 2026. His remuneration and terms follow recommendations from the nomination and remuneration committee. Similarly, Rashmi Saraf was re-appointed as she retired by rotation and remained eligible.

    How will the specific remuneration terms approved for Sachet Saraf impact Encash Entertainment’s operating expenses in FY27?

    What strategic growth initiatives is the management planning to implement following the reappointment of the current leadership team?

    Does the one-year term for the CMD suggest potential upcoming changes to the board structure or succession planning?

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