Poonawalla Fincorp Limited — Important, 25-04-2025: Updates

**Outcome of Board Meeting Summary**

Poonawalla Fincorp Limited reported the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, revealing a net loss of ₹98.34 crore (cr) for the year. The company has opted not to declare a dividend for FY 2024-2025 to conserve capital for future growth. The 45th Annual General Meeting is scheduled for July 29, 2025, via video conferencing.

A new Secretarial Auditor, SIUT & Co LLP, has been appointed for a term of five years, pending shareholder approval. Amendments to the Employee Stock Option Plan (ESOP) to increase stock options from 2 crore to 3.25 crore have also been approved, subject to shareholder consent. Investors should note the company's focus on capital conservation and ESOP expansion as potential growth drivers. Overall, while there are challenges reflected in the financial performance, the strategic initiatives may signal a path towards recovery.