F Mec International Financial Services Ltd

Name change details

• Former name: F Mec International Financial Services Limited; new name: Dhvija Finance Limited.
• Effective date of name change: 28 August 2026.
• Regulatory approval: BSE granted Final Approval for name and symbol on 24 August 2026.
• New symbol: DHVIJAFIN; effective from 28 August 2026.
• Exchange identifiers updated: Scrip ID DHVIJAFIN; Abbreviated name DHVIJAFIN, effective 28 Aug 2026.
• Process to implement the name change with regulators and departments has started.
• Subject to regulatory implementation; final effect pending completion.
• Impact on stakeholders or operations not described.

NCD private placement details

• Securities: Secured, Unlisted, Non-Convertible Debentures (NCDs).
• Issuance: Private placement.
• Total securities: Up to 5,00,000 NCDs.
• Aggregate size: ₹5,00,00,000.
• Face value: ₹100 per NCD (no premium stated).
• Tenure: 18 months from allotment (Series B).
• Coupon: 16% per annum.
• Security: Pari-passu hypothecation over assets in favour of Debenture Trustee.
• Assets covered: loans, receivables, investments, current and other assets.
• Security cover: at least 100% of outstanding principal and interest.
• Default: additional interest 2% p.a. during default.
• Listing: Unlisted.
• Redemption: Details not disclosed.
• Special rights: Not Applicable.

AGM VC/OAVM logistics

• Purpose: facilitate technical infrastructure for the 33rd AGM via VC/OAVM due to renovation at the registered office.
• Alternate facility address: 1209, New Delhi House, 27 Barakhamba Road, Connaught Place, New Delhi.
• Alternate office used solely to support technical setup; not a change in AGM venue.
• AGM remains scheduled for September 1, 2026 at 12:30 PM per notice.
• Executive Committee met on August 18, 2026; no changes to the deemed venue.
• Company will conduct the AGM in compliance with the Companies Act 2013 and MCA guidelines.

New corporate office

• Executive Committee approved establishing a new corporate office at Noida, effective Aug 18, 2026.
• New office address: C-171/2, 5th Floor, Sector 15, Noida, UP-201301.

Interest payment details

• ISIN INE108T01021; NCD Series A.
• Issue size: INR 500.00 million.
• Record date: 5 August 2026.
• Due date / payment date: 10 August 2026.
• Gross interest INR 20.00 million; TDS INR 2.00 million; Net INR 18.00 million.
• Last interest payment date: 11 August 2026.
• Payment status: Payment made on due date.

Record date for 33rd AGM

• Record Date fixed for eligibility to attend and vote: Tuesday, 25 August 2026.
• AGM to be held on 1 September 2026 at 12:30 PM via VC/OAVM.
• Venue deemed as the registered office: 908, 9th Floor, Mercantile House, New Delhi.
• Issuer identity: Dhvija Finance Limited (formerly F Mec International Financial Services Limited).
• No financial or operational figures disclosed.

Corporate identity & name change

• Name changed to Dhvija Finance Limited effective 03 Aug 2026.
• RBI No Objection, ROC fresh certificate, and BSE in-principle approvals obtained.
• Registered office moved within Delhi to 13-B Netaji Subhash Marg, Daryaganj.

Financial performance

• Total revenue from operations Rs 1,08,018 thousand; up 62.78% YoY.
• Profit before tax Rs 2,99,350 thousand; up 38.12%.
• Profit after tax Rs 2,21,490 thousand; up 36.84%.
• Earnings per share Rs 2.491; diluted Rs 2.491.
• Dividend not declared for FY2025-26.

Capital structure & reserves

• Authorized share capital Rs 15 crore; paid-up capital Rs 8.89 crore.
• Dematerialisation: 94.95% of shares in demat form.
• Promoter holding 36.91%; top holder DSP Corporate Services at 2.31%.
• Special Reserve transfer Rs 4.43 million; provision for bad debts Rs 0.46 million.

Governance & board changes

• Board comprises five directors; MD Apoorve Bansal; three Independent Directors.
• Pallavi Shukla appointed Independent Director 16 Oct 2025; Renuka Chouhan ceased 30 Sep 2025.
• Kabeer Chaudhary redesignated as Professional Director 19 Feb 2026.
• MD remuneration revised to Rs 2,00,000 per month from 01 Apr 2026; subject to approvals.
• Registered office shift requires Central Government approval.

Audit, controls & compliance

• Statutory auditor KSJ & Co; Secretarial auditor AK Verma & Co; Internal auditor Rajeev Shankar & Co.
• Internal controls adequate and operating effectively; no material qualifications.
• Secretarial audit report without adverse remarks; no fraud reported.

Operations & NBFC posture

• Loan book around Rs 23.5 crore; disbursed ~6,273 loans totaling ~Rs 43 crore.
• NBFC registered with RBI; non-deposit taking NBFC.
• Stage-wise ECL framework; NPAs Rs 892.65 Lakh; 34.21% of total loans repayable on demand.

Related party transactions

• Significant related party transactions including MD remuneration and loans; conducted at arm's length.
• Annexure VI provides full disclosures; closing balances shown for MD and KMP-related entities.

Outlook & risk factors

• Five-year growth plan: geographic expansion, partnerships, product diversification; targeted AUM growth.
• NBFC sector outlook positive; CRISIL cites AUM > Rs 50 lakh crore by 2026-27.

Shareholder info & AGM

• 33rd AGM: 1 Sept 2026; via VC/OAVM; remote e-voting 29-31 Aug 2026; cut-off 27 Aug 2026.
• Book closure: 26 Aug to 1 Sep 2026.
• Notice and Annual Report available online; proxies not used; authorized representatives for body corporates.

Name change details

• MCA issued a certificate changing the name to Dhvija Finance Limited, effective 3 August 2026.
• Company will apply to BSE for approval of the name change.
• Old name must be displayed with the new name for two years.