Savani Financials Ltd

Fund raising and utilisation status

• No deviation or variation in use of funds for the issuances.
• Mode of fund raising: preferential issue and rights issue.
• Funds raised disclosed in annexures; no deviation reported.
• Monitoring agency: not applicable.
• Status: funds fully utilised against original allocations.

Key approvals

• Unaudited Q1 FY2026 results approved; limited review report attached; to be published per SEBI LODR.
• Draft Notice of 42nd AGM and explanatory statement prepared.

MOA/AOA amendments—scope expansion

• Alteration of MOA to expand NBFC, EV financing, MSME lending, and green finance activities.
• AOA adoption and related governance documents to be approved at AGM.

New business scope

• MOA clauses permit asset finance, investment, and trading with ESG focus; real estate development excluded.
• Allows investment in securities and related activities under revised clause set.

Sweat equity allotment

• 106,666 sweat equity shares of Rs 10 allotted to CEO Jatinder Mohan Singh Shah.
• Non-cash consideration tied to AUM milestone of INR 100 crore as of Mar 31, 2026.
• Allotment to non-promoter; subject to SEBI circulars.

Governance disclosures

• Board’s Report for FY2025-26 with Director Responsibility Statement, MD&A, and Corporate Governance annexures.

Financial results and reporting

• Approved unaudited quarterly results for quarter ended June 30, 2026; Limited Review Report attached.
• Results to be published in newspapers as per Regulation 47 LODR.
• Board approved FY2025-26 Board Report including Director Responsibility Statement, MD&A, and Corporate Governance.

MOA/AoA amendments and AGM notices

• MOA alteration subject to shareholder approval at the 42nd AGM.
• Adoption of new Articles of Association subject to AGM approval.
• Draft Notice of 42nd AGM and Explanatory Statement prepared.
• MOA details include NBFC status and broader activities (EV/MSME/green finance).

CEO sweat equity grant

• Allotment of 106,666 Sweat Equity Shares to CEO Jatinder Mohan Singh Shah.
• Issued as non-cash consideration for achieving Rs 100 crore AUM.
• Subject to regulatory and AGM approvals.

Dematerialisation status

• Dematerialisation requests up to 30 June 2026 were confirmed to depositories (accepted/rejected).
• Securities in the certificates have been listed on the stock exchange where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after due verification.
• Depository name substituted as registered owner in records within 15 days.

Meeting Details

• Board meeting on July 17, 2026 to consider unaudited results for quarter ended June 30, 2026.

Key Agenda Items

• Consider and approve unaudited financial results for the quarter ended June 30, 2026.

Other Notes

• Trading window closed from July 1, 2026 and reopens 48 hours after results declaration.