Ladderup Finance Ltd

Board meeting notice

• Board meeting date for results will be intimated separately.

AGM Details

• Date: 24 September 2026.
• Mode: Videoconference (VC).
• Cut-off date for shareholder rights: 17 September 2026.

Resolutions

• Resolution 1 (Ordinary): Adopt standalone and consolidated financial statements with board and auditors' reports.
• Outcome: Passed with 100% in favour; no votes against.
• Resolution 2 (Ordinary): Re-appointment of director by rotation.
• Outcome: Passed with 95.89% in favour; no votes against.

Dividend

• Dividend not proposed or declared.

AGM Details

• Date/time: Sept 24, 2026, 11:30–12:03 via Video Conferencing.
• Mode: Video Conferencing; venue: registered office, Bandra East, Mumbai.
• Attendance: 80 members attended via VC.
• Quorum present and meeting constituted.

Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements for FY2026.
• Ordinary: Re-appointment of Manoj Singrodia by rotation.

Voting & Results

• Remote e-voting held Sept 21–23, 2026; results to be announced later.
• Members joining via VC could vote; Scrutinizer's report to determine results.
• Disclosures: results to be shared with BSE and on company website.
• Auditors' and Secretarial reports had no qualifications.

Auditors & Scrutinizer

• Scrutinizer appointed for e-voting: Jajodia & Associates.
• Statutory and Secretarial audit reports contained no adverse observations.

Price movement clarification

• The company confirms no material information; all Regulation 30 disclosures have been made timely.
• Share price movement is market-driven and outside the company's control.
• There are no pending announcements that may affect the scrip price.

Financial highlights

• Consolidated revenue ₹2,717.77 lakh; PAT ₹510.98 lakh.
• Total comprehensive income (consolidated) ₹171.61 lakh.
• Standalone revenue ₹906.36 lakh; PAT ₹275.00 lakh.
• Consolidated EPS ₹3.45; Standalone EPS ₹2.59.

Operations & strategic developments

• Jericho Ventures Private Limited acquired; Ladderup Fund Management IFSC established.
• Incorporated Ladderup Fund Management IFSC Private Limited in GIFT City, May 2025.
• Acquired Jericho Ventures in Apr 2026; strengthens growth platform.
• Subsidiaries: Ladderup Asset Managers Private Limited; Waterproof Corporation Private Limited (JV).

Capital structure & dividends

• Authorised share capital ₹15 crore; issued ₹10.60 crore.
• Buyback of 22.5 lakh shares extinguished; completed Sept 2024.
• Promoter group holds 40.08%; top holders Quiet Enterprises LLP (40.08%), Sonu Portfolio (15.50%), Nabhshika (6.46%).
• Dividend for FY2025-26 not declared.

Governance & board changes

• Independent Director Tanksale ceased Nov 14, 2025; Pareek appointed Nov 10, 2025.
• Mangala Prabhu re-appointed Independent Director on Feb 10, 2026.
• Statutory auditors Shah Gupta & Co. re-appointed for five-year term.

Subsidiaries & joint ventures

• Ladderup Asset Managers Private Limited: 46,92,000 shares; 51% stake.
• Waterproof Corporation Private Limited: 49.95% stake; joint venture.

CSR & ESG

• CSR spend ₹3.00 lakh; promotion of education and art/culture.
• CSR policy and projects details available on ladderup.com.

Risk, governance & controls

• No audit qualifications; robust internal controls and secretarial audits.
• NBFC NBFC-BL classification; leverage and capital adequacy maintained.
• Risk management framework in place; periodic reviews by Audit Committee.

Book Closure Details

• Book closure: 18 September 2026 to 24 September 2026 (inclusive) for equity shares.
• Purpose: To determine members eligible to vote or attend the AGM.
• Cut-off date: 17 September 2026 to determine voting/attendance eligibility.
• AGM date: 24 September 2026.
• Security: Equity shares, ISIN INE519D01015.

Loan agreement details

• Purpose: Enhancement of existing loan facility and pledge for loan against securities.
• Amount: Total facility of Rs 20,00,00,000.
• Parties: Tata Capital Limited (lender) and Ladderup Finance Limited (borrower).
• Execution date: 21 August 2026.
• Outstanding loan: 9,19,79258/-.
• Security: Secured loan; loan against securities.
• Shareholding: NIL.
• Related party: Not a related party transaction.

Director resignation

• Director Saurabh Sarayan resigns with immediate effect due to pre-occupation with other business commitments, dated 04-08-2026.