ISF Ltd

Meeting Details

• Board meeting scheduled for Friday, 23 October 2026 at 3:30 PM via video conferencing.

Key Agenda Items

• Consider and approve unaudited financial results for the quarter ended 30 September 2026, with Limited Review Report.

Other Notes

• Trading window closed from 1-Oct-2026 to 48 hours after unaudited Q2 results for quarter ended 30-Sep-2026.

Appointments subject to RBI approvals

• AGM approved Anil Kumar Verma as Whole-Time Director, subject to RBI approval.
• AGM approved Ruchi Sabharwal as Non-Executive Non-Independent Director, subject to RBI DIN allotment.
• Effective date will be RBI-approved date; not effective at AGM date.
• Anil Verma term: 5 years as Whole-Time Director.
• Ruchi Sabharwal term: 1 year as Non-Executive Non-Independent Director.
• Anil Verma: 23+ years in banking, SME lending, fintech.
• Ruchi Sabharwal: 22+ years in HR across financial services and IT.
• Appointments require RBI clearance and other statutory/regulatory requirements.
• Disclosures will be filed upon appointment.

AGM Details

• AGM held 28 September 2026 via VC/OAVM from 4:00 PM to 5:08 PM.
• Record date for voting: 22 September 2026.
• Total shareholders on record: 38,447.

Key Resolutions & Voting

• Adoption of FY2026 audited financial statements: passed; 585,602 in favor, 0 against.
• Appointment of Anil Kumar Verma as Whole-Time Director: passed; 585,602 in favor, 0 against.
• Appointment of Ruchi Sabharwal as Non-Executive Director: passed; 585,602 in favor, 0 against.
• Adoption of FY2025 financial statements: passed; 15,590,822 in favor, 15,341,875 against.

AGM Details

• AGM held on 28 September 2026 at 04:00 P.M. IST via VC/OAVM.
• Attendance: 97 Members attended via VC/OAVM.
• Chair: Ms. Gayatri Muttur Nagaraj, Independent Director.
• AGM concluded at 5:08 P.M. IST.
• Remote e-voting from Sep 25–27, 2026.
• Insta Poll facility used for on-venue voting.

Resolutions Put to Vote

• Adoption of Audited Financial Statements for FY2026 (Ordinary).
• Appointment of Anil Kumar Verma as Whole-time Director (Executive) (Ordinary).
• Appointment of Ms. Ruchi Sabharwal as Non-Executive Director (Non-Independent) (Ordinary).
• Adoption of Unadopted Audited Financial Statements for FY2025 (Ordinary).
• The voting results will be submitted to Stock Exchange and NSDL website.

ISF Limited: Trading Window closed from 1 October 2026 until 48 hours after the declaration of Un-audited financial results for the quarter ended 30th September, 2026

AGM notice and AR access

• AGM: ISF Limited to hold 38th AGM on 28 September 2026 at 4:00 PM IST via VC/OAVM.
• Web-links: AGM Notice: https://isflimited.in/annual-general-meeting.html; Annual Report: https://isflimited.in/investor-relation.html.
• Cut-off date for email address registration: 22 September 2026.
• Reminder to update KYC and dematerialise physical securities under SEBI circular 2024/37.
• Physical folios missing PAN, nomination, or bank details will receive electronic payments from Apr 1, 2024.
• Shareholders are urged to update email addresses to receive important notices electronically.

Financial highlights

• Total revenue from operations: Rs 169.65 Lakhs in FY2025-26, vs Rs 178.43 Lakhs prior year.
• Net loss for FY2025-26: Rs (166.35) Lakhs; prior year loss Rs (0.65) Lakhs.
• Dividend declared or paid: none during the year.

Product segment revenue

• Consumer Durable Loan revenue: Rs 15,709.00.
• Personal Loan revenue: Rs 1,325,088.13.
• Vehicle Loan revenue: Rs 10,772,507.54.

Governance & appointments

• Proposed Whole-time Director Anil Kumar Verma for up to five years, subject to RBI approvals.
• Ms. Ruchi Sabharwal proposed as Non-Executive Non-Independent Director.
• AGM to be held via VC/OAVM; 38th AGM on 28 Sep 2026.

Secretarial audit & compliance

• CS vacancy in 2024-25 caused SEBI LODR non-compliance; ₹9,440 penalty paid to BSE in 2025.
• Management appointed Company Secretary; non-compliance subsequently regularised.
• FY2024-25 financials not approved; to be placed at 2026 AGM.
• Impairment loss allowance (ECL) is a key audit matter.

Audits, controls & going concern

• Ind AS financial statements give true and fair view.
• Internal financial controls deemed adequate and operating effectively.
• Auditors do not foresee material going-concern uncertainty.

Outlook & risks

• NBFC sector expected mid-teens growth in FY2026-27.
• Risks include external shocks, oil prices, geopolitics, and regulatory changes.

AGM logistics & communications

• Notice and Annual Report dispatched electronically; available on the company site.
• Remote e-voting window: 25-27 Sep 2026.
• Speaker registration closes 48 hours before the AGM.

AGM Details

• AGM scheduled for 28 September 2026 at 4:00 P.M. via VC/OAVM.

Remote Voting Details

• Remote e-voting provided by NSDL.
• Voting window starts 25 September 2026 9:00 AM and ends 27 September 2026 5:00 PM.
• Cut-off date for voting eligibility is 22 September 2026.

Access to Materials

• Annual Report for FY2025-26 and AGM notice on company website.
• e-voting instructions on company or RTA website.

Key Decisions

• Proposed appointment of Mr. Anil Kumar Verma as Whole-Time Director, subject to RBI and member approvals.
• Proposed appointment of Ms. Ruchi Sabharwal as Non-Executive Non-Independent Director, subject to RBI and member approvals.
• Un-adopted Audited Financial Statements for year ended 31 March 2025 to be placed before AGM.
• Scrutinizer appointed for e-voting at AGM: Parul Agrawal & Associates.
• Board approved the Board's Report for year ended 31 March 2026.
• Draft Notice of 38th AGM to be held on 28 Sept 2026 at 04:00 PM via VC/OAVM.
• Book Closure fixed from 23 to 28 Sept 2026 inclusive.
• Cut-off date for e-voting eligibility fixed as 22 Sept 2026.
• E-voting window for AGM: 25 Sept 2026, 09:00 AM to 27 Sept 2026, 05:00 PM.