Money Masters Leasing & Finance Ltd

Money Masters Leasing & Finance Ltd: Trading window closed from 1 October 2026 until 48 hours after the unaudited results for the quarter and six months ended 30 September 2026 are declared and disseminated

AGM Details

• AGM held via VC/OAVM on 24 August 2026.
• Meeting started 12:38 IST and ended 01:22 IST due to quorum absence.
• Record date 17 August 2026.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for the year.
• Resolution 2 (Ordinary): Re-appoint Hozef Darukhanawala as Director.
• Resolution 3 (Ordinary): Appoint Saideep Raj Agarwal as Independent Director.
• Resolution 4 (Ordinary): Appoint Vikrant Pon (DIN: 6985597) as Independent Director.
• Resolution 5 (Ordinary): Appoint Vishal Suresh Agarwal as Independent Director.

Voting Results

• Resolution 1 passed; 35,546,473 polled; 35,546,453 in favour; 20 against.
• Resolution 2 passed; identical voting counts.
• Resolution 3 passed; 35,546,473 polled; 35,546,453 in favour; 20 against.
• Resolution 4 passed; 35,546,473 polled; 35,546,453 in favour; 20 against.
• Resolution 5 passed; 35,546,473 polled; 35,546,453 in favour; 20 against.

Director Changes

• Re-appointment of Hozef Darukhanawala as Director (retiring by rotation).
• Appointment of Saideep Raj Agarwal as Independent Director (Non-Executive).
• Appointment of Vikrant Pon (DIN: 6985597) as Independent Director.
• Appointment of Vishal Suresh Agarwal (DIN: 06614483) as Independent Director.

AGM Details

• 32nd AGM held on 24 August 2026 at 12:30 p.m. (IST) via VC/OAVM.
• Meeting commenced 12:38 p.m. and concluded 1:22 p.m. (IST).
• Deemed venue: 4, Akash Deep, Mumbai (Santacruz West).
• Remote e-voting window: 21–23 August 2026; voting at AGM available.

Key Resolutions

• Item 1: Adopt Audited Financial Statements for year ended 31 March 2026.
• Item 2: Re-appoint Durriya Hozef Darukhanawala by rotation.
• Item 3: Appoint Saideep Agarwal as Non-Executive Non-Independent Director.
• Item 4: Appoint Vikrant Ponkshe as Independent Director.
• Item 5: Appoint Vishal Agarwal as Independent Director.
• Voting results will be submitted separately; not disclosed here.

Directors & Auditors

• Directors present: MD/Chairman and multiple Non-Executive and Independent Directors.
• Secretarial Audit notes non-appointment of Internal Auditor; appointment in progress.

Financial performance

• Total income ₹151.40 lakh; PAT ₹35.67 lakh, down from ₹51.19 lakh prior year.
• PBT ₹47.67 lakh; current tax ₹12.00 lakh; EPS ₹0.04.
• Gross NPAs 2.26%, net NPAs 0.46% of assets.
• Disbursed 21 secured loans totaling ₹163.40 lakh.
• Average yield on advances: 15.5% per annum.
• Dividend not declared for FY2025-26.

Capital structure & liquidity

• Equity capital ₹1,164.62 lakh; equity shares 10,03,82,290.
• Authorized capital ₹60 crore; rights issue withdrawn.
• CRAR total 49.40% (Tier I 44.04%, Tier II 5.36%).
• No public deposits; NBFC-ND status.
• Dematerialisation: NSDL 48.06%, CDSL 42.62%, Physical 6.78%.

Operations & asset quality

• Outstanding advances ₹2,915.88 lakh as at 31 March 2026.
• Asset financing ratio above RBI minimum of 60%.
• Gross NPAs 2.26%; Net NPAs 0.46% with prudent provisioning.
• Hire-purchase income ₹151.02 lakh; total revenue ₹151.33 lakh.

Dividends & capital allocation

• Rights issue proposed in 2025 was withdrawn; capital remained unchanged.
• 1,005,500 cumulative redeemable preference shares redeemed during the year.

Governance & board changes

• Rakesh Anil Bissa ceased as director on 25 Sep 2025.
• Saideep Rajendrakumar Agarwal appointed as Non-Executive, Non-Independent director.
• Vikrant Ponkshe appointed as Independent Director; five-year term.
• Vishal Suresh Agarwal appointed as Independent Director; five-year term.

Audit & internal controls

• Statutory auditors PSV Jain & Associates; five-year term; no qualifications.
• Secretarial audit HRU & Associates; one observation—no internal auditor; in process.
• MD and CFO certifications confirm statements are true and fair.
• Internal controls are adequate with no material weaknesses.

Risks & outlook

• Risks: interest rates, liquidity, credit, regulatory changes, macro factors.
• Opportunities: EV financing, digital lending, partnerships with banks/fintechs.
• Outlook: NBFC sector positive; focus on risk management and collections.

Shareholding & AGM information

• Promoter group holds 34.65% stake; major individual holders include Hozef Darukhanawala.
• Demat mix: NSDL 48.06%, CDSL 42.62%, physical 6.78%.
• AGM 24 August 2026; VC/OAVM; remote e-voting 21-23 August 2026.

AGM Details

• AGM on 24 August 2026 at 12:30 PM IST via VC/OAVM; record date 17 Aug 2026.

Ordinary Business: Adoption

• Adopt Audited Financial Statements for the year ended 31 March 2026.

Ordinary Business: Re-appointment

• Re-appoint Durriya Hozef Darukhanawala as Director liable to retire by rotation.

Special Business: Saideep Agarwal

• Appoint Saideep Rajendrakumar Agarwal as Non-Executive Non-Independent Director.

Special Business: Vikrant Ponkshe

• Appoint Vikrant Ponkshe as Non-Executive Independent Director for five years from 27 May 2026.

Special Business: Vishal Agarwal

• Appoint Vishal Suresh Agarwal as Non-Executive Independent Director for five years from 27 July 2026.

Dividend

• No dividend has been declared in the year; not applicable.

E-voting & Participation

• Remote e-voting window Aug 21-23; VC/OAVM attendance permitted.

Financial results and audit

• Unaudited standalone results for quarter ended 30 June 2026 approved; reviewed by Audit Committee.
• Statement identifies single reportable segment: Interest Income.
• Limited Review Report attached to the results.

Director appointment

• Appoint Vishal Suresh Agarwal as Non-Executive Independent Director for five years, effective 27 July 2026, subject to approval.

AGM and governance

• 32nd AGM proposed for 24 August 2026 at 12:30 PM via VC/OAVM.

Dematerialisation/rematerialisation status

• Dematerialisation requests for quarter ended 30 June 2026 were confirmed to depositories by MUFG Intime India Private Limited.
• Securities dematerialised have been listed on the stock exchanges where the existing securities are listed.
• Security certificates received for dematerialisation were mutilated and cancelled after due verification; depository's name substituted as registered owner.
• Period covered: 1 April 2026 to 30 June 2026.

Cessation of Independent Director

• Vijaypratap Talukdar Singh ceased as Independent Director on 28 June 2026 after completing a five-year tenure.