Dharani Finance Ltd

Dharani Finance Ltd: Trading Window closed from October 01, 2026 until 48 hours after the declaration of unaudited financial results for the quarter and half-year ending September 30, 2026.

AGM Details

• Date and time: 23 September 2026, 11:00–11:30 AM (VC/OAVM).
• Mode: Video Conference / Other Audio-Visual Means.
• Record date: 18 September 2026.

Key Resolutions

• Adopt audited financial statements for year ended 31 March 2026.
• Re-appoint Visalakshi Periasamy as director retiring by rotation.

Voting Results

• Resolution 1 passed with 99.9995% in favour.
• Resolution 2 passed with 99.9995% in favour.
• Total votes polled: 27.37% of outstanding shares.

Dividend

• No dividend proposed or declared.

Director Changes

• Visalakshi Periasamy re-appointed as director.

Auditor Appointments

• No changes to statutory auditors reported.

Other Material Approvals

• No other material approvals reported.

Material Related Party Transactions

• No material related party transactions disclosed.

AGM Details

• AGM held on 23 September 2026 at 11:00 AM via VC/OAVM.
• Meeting concluded at 11:30 AM.
• E-voting period: Sep 20–22, 2026.
• Cut-off date for voting: 18 September 2026.

Resolutions

• Ordinary: Adoption of financial statements and reports for the year ended Mar 31, 2026.
• Ordinary: Appointment of Visalakshi Periasamy as Director, liable to retire by rotation.

Voting status

• Adoption of financial statements: results awaited.
• Appointment of Visalakshi Periasamy: results awaited.

Director Changes

• Visalakshi Periasamy appointed as Director, liable to retire by rotation.

AGM and annual report access

• 36th AGM scheduled for 23 September 2026 via VC/OAVM.
• Annual Report 2025-26 and AGM notice accessible electronically on the company site.
• Electronic dispatch to shareholders with registered emails as on 21 August 2026.
• Letters to non-registered email holders; link to annual report provided via RTA Cameo.
• KYC details registration urged; forms downloadable from Dharani Finance and Cameo portals.

Book closure for AGM

• Book closure for the 36th AGM of Dharani Finance Limited.
• Equity security: BSE scrip code 511451; transfer books closed.
• Dates: closure period in September 2026 (inclusive).

Financial performance

• Total income from operations: Rs 139.81 Lakhs.
• PAT after tax: Rs 55.46 Lakhs, down from Rs 83.79.
• Profit before tax: Rs 81.07 Lakhs; depreciation 8.90.
• Interest income: Rs 78.99 Lakhs; sale of services: Rs 51.65.
• Gains on fair value changes: Rs 7.90 Lakhs.
• Earnings per share (basic): Rs 1.11.
• Dividends proposed: none.

Business mix & performance

• NBFC activities are core; travel services not a current focus.
• Loans outstanding: Rs 896.00 Lakhs; segment revenue Rs 139.81 Lakhs.
• NII and other income contributed to total revenue: 78.99, 51.65, and 7.90.

Capital structure & liquidity

• Net debt to equity: 2.24%; net debt Rs 22.47 Lakhs.
• Total equity: Rs 1,003.13 Lakhs; no public deposits taken.
• Borrowings from banks: Rs 45.48 Lakhs; lease liabilities Rs 17.47 Lakhs.
• Cash and cash equivalents: Rs 23.01 Lakhs.

Governance & risk management

• Board of six directors; Mr. Kandasamy exited on 16 May 2026.
• Visalakshi Periasamy to retire by rotation; re-appointment proposed.
• Audit Committee met 4 times; Chair: Mr. P. G. Muthusamy.
• Independent Directors met on 11 Feb 2026; Vigil mechanism in place.
• Secretarial audit: no qualifications; whistle-blower policy active.

Related party transactions

• Outstanding related-party loans: Rs 568.00 Lakhs (63.39% of total exposure).
• Dharani Developers Private Limited balance: Rs 328.00 Lakhs.
• Appu Hotels Limited balance: Rs 240.00 Lakhs.
• Aggregate related-party loans sanctioned in year: Rs 492.00 Lakhs.
• Lease charges received from Appu Hotels Limited: Rs 101.19 Lakhs (FY2025-26).

Audit & regulatory flags

• Independent Auditor Srivatsan & Associates issued qualified opinion on going concern.
• Balance of Rs 305.00 Lakhs from major customer recovered on 13-Jun-2025.
• Secretarial audit report (Annexure) shows no qualification.

Outlook & strategy

• Plan to expand NBFC operations in Tamil Nadu; no deposit-taking.
• Liaison office/travel desk at Coimbatore to support lease finance operations.
• Infusion of additional capital planned to meet RBI NOF requirements.
• Management focuses on risk, technology, and customer-centric lending.

Share capital & ownership

• Paid-up share capital: Rs 499.72 Lakhs.
• Promoter holdings: Dr. Palani G Periasamy 7.09%; Visalakshi Periasamy 2.91%.

Dharani Finance – Q1 2026-27 unaudited results publication

• Newspaper publication of un-audited Q1 2026-27 results (Tamil Aug 11; English Aug 12).
• Quarter ended 30 June 2026; board approved on 10 Aug 2026; audit committee reviewed results.
• Total income from operations Rs 42.02 lakh; net profit after tax Rs 20.35 lakh; EPS 0.41.
• Inter-Corporate Deposit of Rs 200 lakh to Aryav Exports; no interest accrued to date.
• Company is NBFC; single reportable segment; extracts of results published; full format on stock exchanges and company site.
• Signatory: Dr. Palani G Periasamy, Chairman; place Chennai; date 10 August 2026.

Financial results

• Unaudited standalone results for quarter ended 30 June 2026 approved, with Limited Review Report.

Shareholder meeting

• 36th AGM to be held on 23 September 2026 via Video Conferencing.

Regulatory / going concern disclosures

• Auditors' review notes and prior-year going-concern qualification highlighted; potential RBI capital infusion required.
• Inter-corporate deposit of INR 200 lakhs to Aryav Exports; no interest received; no provision.