Abhinav Leasing & Finance Abhinav Leasing & Finance has scheduled its 42nd Annual General Meeting (AGM) for September 16, 2026. The meeting will seek shareholder approval for a ₹6 crore preferential allotment of convertible warrants and an increase in authorized share capital from ₹5 crore to ₹12 crore.

The register of members and share transfer books will remain closed from September 9, 2026 to September 16, 2026 (both days inclusive). This closure determines the shareholders eligible to vote on the proposed resolutions.

E-Voting Schedule

Shareholders can participate via remote e-voting during the following window:

• Start Date: September 12, 2026 at 9:00 am
• End Date: September 15, 2026 at 5:00 pm

The e-voting facility is provided by Central Depository Services (India) Limited (CDSL). Mr. Sandeep Kumar Singh (CA Membership No. 511685) has been appointed as the Scrutinizer for the process.

Capital Raise Details

The Board previously approved the issuance of 6,00,00,000 convertible warrants at ₹1 each, raising ₹6 crore. The warrants are allotted equally among four non-promoter entities. Each investor received 1.5 crore warrants.

Terms and Conditions

Investors must pay 25% of the issue price at application, with the remaining 75% payable upon exercise. The exercise window is 18 months from allotment. Converted shares will rank pari-passu with existing equity and list on BSE Limited. If the balance consideration is paid but the exercise notice is not received within 18 months, the warrants will be mandatorily converted.

Authorized Share Capital Increase

To facilitate the issue, the authorized share capital will increase from ₹5 crore (5 crore shares) to ₹12 crore (12 crore shares), creating 7 crore new shares. This requires a Special Resolution at the AGM.

Other Agenda Items

The AGM will also transact ordinary business, including:

• Adoption of audited financial statements for FY26 (ended March 31, 2026).
• Re-appointment of Mr. Atul Kumar Agarwal (DIN: 00022779) as Director, who retires by rotation.

Additionally, shareholders will approve related party transactions for FY27 (April 1, 2026 to March 31, 2027) with entities including Svam Software Limited, Aether Capital Private Limited, and Tridev Infraestates Limited, with individual transaction limits up to ₹5 crore.

Abhinav Leasing & Finance reported a net profit of ₹65.9 lakh for FY26, up from ₹23 lakh in the prior year. Revenue from operations fell sharply to ₹65 lakh, down from ₹392 lakh in FY25.

The NBFC-ICC attributed the profit growth to improved operational efficiency and prudent cost management. Total income stood at ₹65.5 lakh against expenses of ₹56.4 lakh.

Financial Performance

The company's profitability improved significantly despite a contraction in top-line figures. Basic earnings per share (EPS) rose to ₹0.13 from ₹0.04 in the previous year.

Interest income contributed ₹28.6 lakh to the total revenue, reflecting the core lending activities. Other income rose to ₹6.1 lakh from ₹37,800 in FY25, driven primarily by a profit on the sale of investments.

Balance Sheet and Assets

Total assets grew to ₹452 crore as of March 31, 2026, up from ₹319 crore in FY25. This expansion was led by a significant increase in loans and advances, which rose 67% to ₹373.8 crore. Non-current financial liabilities increased to ₹379.9 crore from ₹255 crore, indicating higher leverage to fund the loan book growth.

Cash and cash equivalents declined to ₹23.9 lakh from ₹52 lakh. The company cleared its short-term borrowings, reducing them to zero from ₹21.9 lakh in the prior year.

Governance and Compliance

The Board held eight meetings during the year. Mr. Prateek Singh resigned as an Independent Director effective August 12, 2026. The company appointed Mr. Deepanshu Mittal as Company Secretary, who also resigned shortly after in June 2026.

Auditor Qualification

Statutory auditors GAMS & Associates LLP qualified their report regarding the company's accounting software. The software used for maintaining books lacked an audit trail (edit log) feature. Management stated it is updating the software to include this capability.

What the Numbers Show

The divergence between revenue and profit is notable. While revenue contracted by over 83%, net profit nearly tripled. This was driven by a sharper decline in total expenses (85.6%) compared to income. Additionally, interest income constituted roughly 44% of total revenue, underscoring the reliance on lending yields despite the overall volume drop in operations.