One MobiKwik Systems Limited (NSE:MOBIKWIK) filed its 18th Annual General Meeting notice with the NSE on 21 August 2026, disclosing that the AGM will be held on Tuesday, 22 September 2026 at 11:00 AM IST via Video Conferencing, alongside the company's Annual Report for FY2025-26.
Key Highlights
- The 18th AGM is scheduled for 22 September 2026 at 11:00 AM IST, to be conducted through Video Conferencing or other audio-visual means.
- Remote e-voting opens on 19 September 2026 at 9:00 AM IST and closes on 21 September 2026 at 5:00 PM IST for eligible shareholders.
- The cut-off date for determining shareholder eligibility to cast votes on AGM resolutions is Tuesday, 15 September 2026.
- The Annual Report for FY2025-26, including the Business Responsibility and Sustainability Report, has been dispatched electronically to registered members.
About the Company
One MobiKwik Systems Limited (NSE:MOBIKWIK), headquartered at Gurugram, Haryana, operates a digital financial services platform offering mobile payments, buy-now-pay-later credit, and personal loan products under the MobiKwik brand. The company serves over 189.6 million registered users and more than 4.92 million merchant partners across India, with particular reach into Tier 2 and Tier 3 cities.
Announcement in Detail
Pursuant to Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, One MobiKwik Systems Limited filed its AGM notice and FY2025-26 Annual Report with the NSE and BSE on 21 August 2026. The notice confirms the 18th AGM will be held on 22 September 2026 at 11:00 AM IST through Video Conferencing, in accordance with the Ministry of Corporate Affairs General Circular No. 03/2025 dated 22 September 2025 and applicable SEBI circulars.
The Annual Report discloses several operationally material metrics for FY2025-26. Payment gross profit reached Rs 2,867 million, up 90% year-on-year, while payment gateway costs fell from 48 basis points of GMV in FY25 to 29 basis points in FY26. Financial Services gross margin expanded from 4% in Q4 FY25 to 59% in Q4 FY26. The company also reports that its NBFC licence application was approved by the Reserve Bank of India in April 2026, a development that alters its credit business model from a loan service provider arrangement to balance-sheet lending.
Impact on Investors
Investors will note that this filing is an AGM notice, meaning the resolutions listed have not yet been passed; outcomes will be determined by shareholder vote on or before 22 September 2026. The cut-off date of 15 September 2026 is the relevant date for determining voting entitlement, and shareholders whose email addresses are not registered with the company or its RTA will receive a physical communication containing web links to access the Annual Report and AGM notice.
The disclosed financials in the Annual Report indicate that the company reported its first two profitable quarters during FY2025-26, with fixed costs held at Rs 4,426 million despite significant volume growth. Shareholders will observe that the RBI-approved NBFC licence, expected to be operationally deployed by end of FY2027, represents a structural change to the company's revenue model, moving from margin-sharing arrangements with lending partners toward direct book ownership and co-lending economics.
Sector / Market Context
India's digital payments sector processed over 18,000 crore UPI transactions in FY2025-26, according to data published by the National Payments Corporation of India, reflecting sustained adoption across urban and semi-urban geographies. The RBI's NBFC licensing framework has seen increased interest from fintech platforms seeking to formalise lending operations under a regulated balance-sheet model, a trend that the SEBI and RBI have both acknowledged in their respective annual reports on financial sector supervision.