India Finsec Ltd — Others, 07-07-2025: Others

India Finsec Limited has announced a 31st Annual General Meeting through video conferencing to adopt the financial results for the quarter and half-year and address key corporate decisions. Mr. Mukesh Sharma is proposed for re-appointment as director liable to retire by rotation. Mr. Gopal Bansal has been re-appointed as Managing Director for five years starting January 2026 without remuneration. M/s Sarita Singh & Associates has been appointed Secretarial Auditor for five years. The Board seeks shareholder approval for transactions up to Rs. 200 Cr with its subsidiary IFL Finance Limited, including corporate guarantees, aligned with ordinary course business. The company is transitioning from a registered NBFC-ICC to an unregistered Core Investment Company, following the surrender of its RBI certificate, to facilitate restructuring within the group. Standalone revenue grew by 89% to ₹77.87 lakh, with a marginal net profit of ₹10,940, while consolidated revenue increased 12% to ₹7192 Cr, and profit after tax rose to ₹1813 Cr. No dividend is proposed. The company continues to strengthen internal controls and governance, with no significant legal or regulatory issues reported.