Ad Manum Finance Limited will hold its 40th Annual General Meeting (AGM) on Wednesday, September 9, 2026, at 11:30 am. The event is scheduled to take place at Hotel Surya, located at 5/5, Surya Circle, Nath Mandir Road, South Tukoganj, Indore, Madhya Pradesh. The company confirmed that the AGM will be conducted in hybrid mode, allowing shareholders to attend in person or participate through Video Conferencing or Other Audio-Visual Means.

Key Agenda Items

The notice of the AGM outlines several special business items requiring shareholder approval. The most significant is the approval of transactions with related parties under Regulation 23 of the SEBI (LODR) Regulations, 2015. The company seeks approval for an estimated annual value of up to ₹186 crore for the period from the date of the 40th AGM until the 41st AGM. These transactions involve loans and advances with various related entities, including Agarwal Coal Corporation Private Limited, Available Finance Limited, and others.

The board also proposes amendments to the Main Objects and Ancillary Object Clause of the Memorandum of Association (MOA). The proposed changes aim to provide greater operational flexibility, specifically adding the ability to promote, finance, invest in, and own projects for the generation of power from solar, wind, hydro, and other renewable energy sources. This expansion is intended to be within the limits permitted under applicable laws and RBI regulations, without changing the principal business of the company as an NBFC.

Director Appointments

Shareholders are asked to confirm the appointment of Mr. Pramod Kishore Shrivastava as Chairman & Director under the category of Professional Non-Executive Director. Additionally, the appointment of Ms. Neha Singh as a Director and Whole-time Director is sought for her tenure from June 10, 2026, to August 10, 2026. Ms. Singh continues to serve as the Company Secretary and Compliance Officer.

Voting and Logistics

The cut-off date for the purpose of e-voting is Wednesday, September 2, 2026. The remote e-voting period will commence from Sunday, September 6, 2026, at 9:00 am and end on Tuesday, September 8, 2026, at 5:00 pm. Shareholders holding shares either in physical form or in dematerialized form as on the cut-off date may cast their votes electronically via the CDSL e-voting system.

The company has commenced the dispatch of the AGM notice by electronic means. In compliance with green initiatives, printed copies of the Annual Report will not be distributed at the AGM. Electronic copies are available on the company's website and the BSE website.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. Pre-dispatch notices were published in 'Free Press' (English) and 'Chautha Sansar' (Hindi) newspapers on August 15, 2026. Further intimation regarding newspaper publication was filed with the Bombay Stock Exchange (BSE) on August 18, 2026, pursuant to Regulation 30 and Regulation 36(1)(b) of the SEBI (LODR) Regulations, 2015. The communication was signed by Neha Singh, Company Secretary and Compliance Officer.

Ad-Manum Finance Limited reported a net profit of ₹263.00 lakh for the quarter ended June 30, 2026, marking a 30.4% year-on-year decline from ₹377.80 lakh in Q1FY26. Despite a robust 45% surge in revenue from operations to ₹462.84 lakh, the bottom line was significantly impacted by exceptional items totaling ₹119.69 lakh. The Board of Directors approved the unaudited financial results on July 24, 2026, following review by the Audit Committee and a limited review by statutory auditors Mahendra Badjatya & Co.

The divergence between top-line growth and bottom-line contraction highlights the impact of non-operational adjustments. While pre-tax profit before exceptional items stood at ₹305.01 lakh, pre-tax profit before both exceptional and extraordinary items was higher at ₹424.70 lakh. This indicates that operational performance remained strong, but exceptional deductions heavily weighed on the final net profit figure. Tax expenses for the quarter were ₹42.01 lakh, compared to ₹72.88 lakh in the corresponding period of FY25.

Financial Performance Overview

Reserves and surplus (excluding revaluation reserve) grew to ₹8,103.58 lakh as of June 30, 2026, up from ₹7,840.57 lakh at the end of March 2026 and ₹7,211.88 lakh in June 2025. Equity share capital remained unchanged at ₹750 lakh.

Segment-wise Performance

The company operates in two primary segments: finance and wind energy generation. Interest income, the core revenue driver, rose 44.4% YoY to ₹455.41 lakh from ₹315.44 lakh. Wind power sale revenue increased to ₹7.43 lakh from ₹3.86 lakh. However, other income declined sharply by 66.5% to ₹59.83 lakh from ₹178.52 lakh, contributing to the overall income mix shift.

Segment results before tax and interest showed that the finance segment contributed ₹335.72 lakh, while wind energy generation contributed ₹4.40 lakh. Unallocated expenses and interest costs totaled ₹94.94 lakh, reducing the total profit before tax to ₹305.01 lakh.

What the Numbers Show

The most notable aspect of the quarter is the significant gap between operating income growth and net profit decline. Revenue surged 45%, yet net profit fell over 30%. This indicates that costs, taxes, or exceptional items absorbed the entire benefit of higher revenues. Pre-tax profit before exceptional items was ₹305.01 lakh, but pre-tax profit before both exceptional and extraordinary items was ₹424.70 lakh. This difference of approximately ₹119.69 lakh in exceptional/extraordinary deductions heavily weighed on the bottom line, warranting closer scrutiny for investors assessing operational sustainability. The sharp drop in other income also suggests a normalization of non-recurring gains seen in the prior year period.