Coffers Finvest Limited has scheduled its 43rd Annual General Meeting for September 30, 2026, to adopt audited financial statements that reveal a significant shift in profitability. The NBFC, formerly known as GSB Finance Limited, reported a net loss of ₹30.85 lakh for FY26, reversing a net profit of ₹71.65 lakh recorded in the previous year.

The company's total revenue declined 31% to ₹123.20 lakh from ₹179.42 lakh in FY25. This contraction was driven by a fall in revenue from operations to ₹121.75 lakh, down from ₹177.79 lakh. The primary driver of the loss was a substantial rise in expenses, which increased to ₹116.47 lakh from ₹96.30 lakh. This expense growth was largely attributable to an impairment on financial instruments of ₹33.30 lakh and higher other expenditure.

Financial Performance

The financial results highlight a challenging period for the lender, with key metrics reflecting the impact of asset quality concerns and operational costs.

The basic and diluted earnings per share stood at ₹(0.51), compared to ₹1.19 in the prior year. The Board did not recommend any dividend for the year ended March 31, 2026, citing the financial performance and business commitments.

What the Numbers Show

The divergence between the modest profit before tax of ₹6.72 lakh and the final net loss of ₹30.85 lakh underscores the heavy tax burden faced by the company. The total tax expense amounted to ₹37.57 lakh, significantly higher than the ₹11.47 lakh paid in FY25. This elevated tax outflow, combined with the ₹33.30 lakh impairment charge, erased the operational profits and resulted in a comprehensive loss for the fiscal year.

AGM Details and Agenda

The virtual meeting will be held via Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. Members holding shares as of the cut-off date on September 23, 2026, are eligible to participate.

The primary business for the meeting includes:

• Adoption of the Audited Financial Statements for FY26 along with Board and Auditor reports.
• Reappointment of Kshitij Agrawal as a director. He retires by rotation at this meeting and has offered himself for reappointment.

No special business items are proposed for this AGM, meaning no explanatory statement is required under Section 102 of the Companies Act 2013.

E-Voting Schedule

Remote e-voting will be facilitated by MUFG Intime India Private Limited. The voting window operates independently of the meeting date.

Shareholders who cast their votes during the remote e-voting period will not be eligible to vote again during the live meeting. However, they may still attend the AGM via the InstaMeet platform.

Director Profile

Kshitij Agrawal, who holds a Bachelor's degree in computer science, brings over 18 years of experience in financial markets. His expertise spans information technology, digital transformation, strategic planning, and business development. As of March 31, 2026, he holds 3,92,000 shares in the company.

Coffers Finvest Limited has entered into a business arrangement with Innotech Creditsea Platforms Private Limited to support its lending operations. The company, formerly known as GSB Finance Limited, disclosed the partnership on September 3, 2026, under Regulation 30 of the SEBI (LODR) Regulations 2015.

The tie-up with CreditSea, a service provider, is intended to facilitate the company's lending and related business activities. Management stated that the arrangement aims to enhance operational efficiency and expand customer outreach.

Partnership Details

The agreement was executed in the ordinary course of business. It remains subject to applicable laws, regulatory requirements, and the specific terms outlined in the contract between the parties.

This disclosure serves as an intimation to the BSE Limited regarding the strategic move to bolster the company's service delivery mechanisms.