Ad-Manum Finance Limited Proposes Director Appointments Subject to RBI Approval

Ad-Manum Finance Limited has announced significant board-level changes following a board meeting held on March 23, 2026. The company's Board of Directors approved proposals for two director appointments, marking a strategic move in its leadership structure.

Proposed Director Appointments

The board meeting, conducted upon recommendations from the Nomination & Remuneration Committee, resulted in approval for two key appointments:

Position	Name	DIN	Role Type
Whole-Time Director	Ms. Neha Singh	11522197	Executive
Director & Chairman	Mr. Pramod Kishore Shrivastava	01023565	Non-Executive

Both appointments are contingent upon receiving approval from the Reserve Bank of India (RBI) and subsequent approval from the company's shareholders.

Regulatory Compliance Process

The company is currently preparing the necessary application to submit to the RBI in accordance with relevant guidelines and circulars issued by the central bank. This regulatory approval process is mandatory for financial institutions before finalizing director appointments.

Once RBI approval is obtained, Ad-Manum Finance Limited will convene a separate board meeting to formally approve the appointments. The company has committed to providing separate intimation to stock exchanges in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Governance Framework

The announcement was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing demonstrates the company's commitment to maintaining transparency and adhering to corporate governance standards.

The proposed appointments reflect the company's strategic approach to strengthening its board composition with experienced professionals in key leadership positions. The inclusion of both executive and non-executive roles indicates a balanced governance structure aimed at enhancing operational effectiveness and strategic oversight.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.79%	+6.11%	-0.70%	-26.09%	-18.31%	+193.26%

Ad-Manum Finance Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a mixed performance with quarterly profit declining despite stable revenue streams. The Indore-based company, which operates in finance and wind energy segments, reported the results following board approval on January 30, 2026.

Quarterly Financial Performance

The company's Q3FY26 performance reflected challenges with profitability despite maintaining revenue levels. Net profit for the quarter declined significantly compared to the previous year, while total income remained relatively stable.

Metric	Q3FY26	Q3FY25	Change (%)
Total Income	₹374.79 lakhs	₹378.62 lakhs	-1.0%
Net Profit	₹131.44 lakhs	₹235.61 lakhs	-44.2%
Basic EPS	₹1.75	₹3.14	-44.3%
Total Comprehensive Income	₹57.41 lakhs	₹201.60 lakhs	-71.5%

Revenue Composition and Segment Performance

The company's revenue structure remained consistent with its dual business model. Interest income from the finance segment contributed the majority of operational revenue, while wind power sales provided additional income streams.

Revenue Source	Q3FY26	Q3FY25	Change (%)
Interest Income	₹332.98 lakhs	₹342.73 lakhs	-2.8%
Wind Power Sale	₹5.38 lakhs	₹12.72 lakhs	-57.7%
Other Income	₹36.43 lakhs	₹23.17 lakhs	+57.3%

The finance segment showed a marginal decline in interest income, while wind energy generation faced more significant challenges with revenue dropping by over half compared to the previous year.

Expense Management and Profitability

Total expenses increased substantially to ₹183.23 lakhs in Q3FY26 from ₹63.01 lakhs in Q3FY25, primarily driven by a significant rise in other expenses. This expense escalation was the key factor behind the profit decline despite stable revenue performance.

Expense Category	Q3FY26	Q3FY25	Change (%)
Finance Costs	₹18.76 lakhs	₹35.77 lakhs	-47.6%
Employee Benefits	₹17.42 lakhs	₹14.69 lakhs	+18.6%
Other Expenses	₹148.49 lakhs	₹11.31 lakhs	+1,213.0%
Total Expenses	₹183.23 lakhs	₹63.01 lakhs	+190.8%

Nine-Month Performance Highlights

Despite quarterly challenges, the nine-month performance demonstrated the company's overall resilience. Total income for the nine months ended December 31, 2025, reached ₹1,200.69 lakhs compared to ₹1,075.79 lakhs in the corresponding period of the previous year.

Parameter	9M FY26	9M FY25	Change (%)
Total Income	₹1,200.69 lakhs	₹1,075.79 lakhs	+11.6%
Net Profit	₹688.93 lakhs	₹674.33 lakhs	+2.2%
Basic EPS	₹9.19	₹8.99	+2.2%

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 30, 2026. The statutory auditors, Mahendra Badjatya & Co., conducted a limited review of the results. The company confirmed compliance with Indian Accounting Standards (Ind AS) and relevant regulatory requirements under SEBI LODR Regulations, 2015.

The results reflect the company's continued focus on its core finance business while managing the challenges in its wind energy segment, with management maintaining transparency through comprehensive disclosures and regulatory compliance.