Sera Investments & Finance India Ltd

Transaction details

• Target Company: SERA INVESTMENTS & FINANCE INDIA LIMITED
• Disclosing Party: SERAPHIM VENTURES PRIVATE LIMITED (not promoter group)
• Transaction Type: Disposal of voting rights (sale of shares)
• Pre-Transaction Holding: 11,375,000 shares, 17.37%
• Transaction Details: 50,000 shares sold (0.49%), open market
• Post-Transaction Holding: 11,325,000 shares, 16.88%
• Date of Transaction: 20 August 2026
• Share Capital Context: Before/after: 13,098,600 equity shares; unchanged

Website domain change

• Change of company website domain from https://www.serafinances.com/ to http://sera-india.com/.
• Disclosures under SEBI LODR and other laws will be maintained on http://seraindia.com/.
• Steps taken to ensure a smooth transition from old domain to the new domain.

Board outcome

• Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026 with the limited review report.

Dematerialisation actions and listing

• Requests for dematerialisation during the quarter ended June 30, 2026 were processed and confirmed to depositories.
• Securities dematerialised were listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the register of members within prescribed timelines.

Director resignation details

• Resignation of Non-Executive Independent Director Saurabh Shah effective 01 July 2026.
• Reason: personal reasons.
• Board approved the resignation in the 01 July 2026 meeting.
• Resignation letter attached with detailed reasons.
• No other listed company directorships held by the resigning director.
• Independent director confirms no material reasons beyond those stated.
• Company to complete required statutory/regulatory formalities.

Governance changes

• Appointment of Neha Vinod Kothari as Additional Non-Executive Independent Director, effective 01 July 2026.
• Appointment of Aayush Kamleshbhai Shah as Additional Non-Executive Independent Director, effective 01 July 2026.
• Resignation of Saurabh Shah as Independent Director, effective 01 July 2026.
• Reconstitution of Board Committees approved; details attached as Annexure C.
• Annexures A and B disclose appointments and resignations under Listing Regulations.
• No related-party relationships among new directors.
• Resignation reason cited as personal reasons.
• New directors hold Nil equity in the company.
• Directors are not barred from holding office by SEBI orders.
• Board approved reconstitution of Audit, Nomination & Stakeholders Relationship Committees.

Resignation of Independent Director

• Name and designation: Saurabh Shah — Independent Director.
• Type of directorship: Independent Director.
• Effective resignation date: 01 July 2026.
• Reason for resignation: personal reasons.
• No other material reasons disclosed.
• Board/committee memberships affected: no committees disclosed for the resigning director.
• Other listed entities: no disclosures of other listed directorships or committee roles.
• Regulatory or shareholder approval: not indicated as required.
• Consequence: reconstitution of committees approved; not specifically linked to resignation.

Appointments/Resignations

• Appointment of Neha Vinod Kothari as Additional Non-Executive Independent Director, effective 01 July 2026.
• Appointment of Aayush Kamleshbhai Shah as Additional Non-Executive Independent Director, effective 01 July 2026.
• Resignation of Saurabh Shah as Independent Director, effective 01 July 2026.

Committee Reconstitution

• Audit Committee reconstituted; composition: Shweta Samir Shah (MD) – Member; Pankaj Sharma – Chair; Aayush Shah – Member.
• Nomination and Remuneration Committee: Aayush Shah – Chair; Kaival Niteshkumar Shah – Member; Pankaj Sharma – Member.
• Stakeholders Relationship Committee: Shweta Samir Shah – Member; Pankaj Sharma – Chair; Aayush Shah – Member.