Capital India Finance has approved the transfer of its RemitX foreign exchange business assets to Kanji Forex Private Limited for ₹114 crore. The board sanctioned the deal on August 31, 2026.

Board approval and transaction details

The board of Capital India Finance approved the transfer of assets related to the foreign exchange business operating under the brand name "RemitX". The company executed an Agreement for Purchase of Assets (APA) with Kanji Forex Private Limited on August 31, 2026. The buyer is not part of the promoter group or group companies of Capital India Finance.

The consummation of the transfer is subject to receiving requisite regulatory approvals and fulfilling terms under the APA. Following the transfer, Capital India Finance will apply to the Reserve Bank of India to surrender its Authorised Dealer Category-II (AD-II) Licence.

Financial impact and regulatory context

For the financial year ended March 31, 2026, the RemitX business contributed ₹2,492.81 lakh to consolidated turnover, representing a 4.68% share. The net asset deployed for the unit stood at ₹2,825.50 lakh as on March 31, 2026, accounting for 4.20% of the total. However, only net assets valued at ₹2,777.83 lakh are excluded from this specific transaction scope.

The transaction does not fall under related party transactions or slump sale provisions. It is also outside the ambit of Regulation 37A of the SEBI Listing Regulations as the RemitX business does not constitute an undertaking of the company. The deal was disclosed under Regulations 30 and 51 of the SEBI LODR Regulations, 2015.

Capital India Finance Limited has scheduled its 32nd Annual General Meeting (AGM) for Monday, September 7, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM) in compliance with the Companies Act, 2013, and SEBI Listing Regulations. Physical attendance is not required, and the facility for appointing proxies will not be available.

Meeting Details and Voting

The AGM is scheduled to begin at 11:30 am IST. Members holding shares as on the cut-off date of Tuesday, September 1, 2026, are eligible to vote. Remote e-voting will commence on Friday, September 4, 2026, at 9:00 am and conclude on Sunday, September 6, 2026, at 5:00 pm. Once cast, votes cannot be modified. Members who have already voted remotely may participate in the meeting but cannot vote again.

KFin Technologies Limited has been appointed as the Registrar and Transfer Agent to provide e-voting facilities. Mr. Maghisuddin of M/s M & Co., Company Secretaries, has been appointed as the Scrutinizer to oversee the voting process.

Document Dispatch and Access

The Notice of the AGM and the Annual Report for the Financial Year 2025-26 were dispatched on August 14, 2026. Electronic copies were sent to members with registered email addresses.

In compliance with Regulation 30, 51, and 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company also dispatched physical letters to shareholders whose email addresses are not registered with the company, Registrar and Share Transfer Agent, or Depository Participants. These letters, issued under reference number CIFL/SE/2026-27/31 on Tuesday, August 18, 2026, provide web links and detailed access paths to the Notice and Annual Report.

Shareholders can access the documents via the following paths on the company’s website:

• Notice: www.capitalindia.com > Investors > Corporate Announcements > Notice of 32nd Annual General Meeting
• Annual Report: www.capitalindia.com > Investors > Financial Information > Annual Reports

These documents are also available on the stock exchange portals (BSE Limited and National Stock Exchange of India Limited) and the RTA website at evoting.kfintech.com. Physical copies of the Annual Report will not be dispatched except upon specific request.

Key Dates

Members are advised to update their contact details, including email addresses, with their Depository Participants or the company’s RTA to ensure seamless communication and voting access. As per SEBI guidelines, it is mandatory for shareholders to update their PAN, KYC details (including postal address with pin code, email address, mobile number, bank account details), and nomination details. Payments, including dividends, for folios where PAN or KYC details are not updated, will only be made electronically upon registration of the required information.