India Shelter Finance Corporation Limited — Others, 03-07-2025: Shareholders meeting

India Shelter Finance Corporation Limited has announced a board meeting on July 28, 2025, via video conferencing to adopt the financial results for the quarter and half-year ended March 31, 2025, and to transact other business. The board recommends re-appointment of Mr. Sudhin Bhagwandas Choksey as Chairman and Non-Executive Non-Independent Director. It proposes a final dividend of ₹5 per equity share of face value ₹5 for FY 2024-25. Mr. Rupinder Singh is proposed for re-appointment as MD & CEO for five years from November 23, 2025, with increased remuneration effective April 1, 2025, including fixed pay of ₹4.5 Cr and variable pay up to 120% of fixed pay along with perquisites. The board seeks shareholder approval to increase borrowing limits up to ₹12,000 Cr, and approve the Employee Stock Option Plan 2025 to grant up to 26.6 lakh options. Appointment of Mr. Jitender Singh as Secretarial Auditor for five years is also proposed. The company reported a 35% growth in assets under management to ₹8,189 Cr, a 27% rise in disbursements to ₹3,355 Cr, and a 53% increase in profit after tax to ₹378 Cr in FY 2024-25. Borrowings stand at ₹4,519 Cr and capital adequacy ratio is strong at 60.6%. The company is ISO 27001:2022 certified and maintains robust risk management, technology integration, and corporate governance frameworks.