Finkurve Financial Services Limited has announced a board meeting scheduled for March 20, 2026, to consider important corporate decisions including fund raising initiatives and office relocation. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the upcoming meeting in compliance with SEBI regulations.

Board Meeting Agenda

The board meeting will address two primary matters of strategic importance to the company's operations and growth plans.

Fund Raising Through NCDs

The company plans to raise funds by issuing Non-Convertible Debentures with a face value of INR 10,000 each. The issue price has been set at INR 10,000 per debenture, indicating the securities will be issued at par value. The fund raising will be conducted through private placement via Electronic Bidding Platform, which provides a structured and transparent mechanism for institutional investors to participate in the offering.

Registered Office Relocation

The board will also consider changing the company's registered office within the local limits of the current city. This proposed relocation will be undertaken in accordance with Section 12 of the Companies Act, 2013, and applicable rules. Such relocations typically aim to optimize operational efficiency or reduce administrative costs while maintaining compliance with regulatory requirements.

Regulatory Compliance

The intimation has been submitted pursuant to regulations 29(1)(d) and 50(1)(d) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary and Compliance Officer Kajal Parmar has signed the notification, ensuring proper adherence to disclosure norms. The company maintains transparency by informing both stock exchanges about material developments that could impact investor interests.

Finkurve Financial Services Limited has announced a significant milestone, crossing ₹1,035+ crore in Assets Under Management (AUM) with nearly 10x growth compared to FY23. The tech-first gold loan NBFC made this announcement highlighting its strengthened position within India's secured lending ecosystem.

Growth Performance and Operational Expansion

The milestone achievement reflects the company's strategic focus on portfolio expansion supported by disciplined underwriting practices and growing customer confidence. Finkurve Financial Services has established a robust presence across four states through its branch-led phygital network.

Business Strategy and Operations

The company's growth trajectory has been supported by prudent loan to value (LTV) norms and a strong focus on collateral-backed lending. Finkurve Financial Services has invested significantly in technology-enabled processes to enhance operational capabilities across multiple areas:

• Streamlined loan servicing operations
• Improved operational efficiency metrics
• Enhanced customer accessibility features
• Disciplined underwriting framework

Management Commentary

Commenting on the development, Mr. Priyank Kothari, Director of Finkurve Financial Services Limited, emphasized the company's commitment to sustainable growth. He stated that crossing ₹1,035+ crore AUM represents an important milestone in their journey, built on a stable and scalable gold loan platform grounded in disciplined underwriting and operational efficiency.

Kothari highlighted that the company's long-term value creation approach in secured lending focuses on balancing growth with asset quality and capital prudence. The management remains committed to responsible expansion, strong governance, and sustainable return metrics as the company scales further.

Company Background and Focus Areas

Finkurve Financial Services Limited, also known by its brand name Arvog, operates as a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) as a non-deposit-taking, mid-layer NBFC. Originally established in 1984 as Sanjay Leasing Ltd., the company obtained its NBFC license in 1998 and was acquired by current promoters in 2010.

The company's primary focus remains on gold loans, which forms the majority of its Assets under Management, positioning it as a leading gold loan NBFC. Additionally, Finkurve Financial Services offers personal loans and has expanded its financial solutions through strategic partnerships with fintech companies.

Strategic Partnerships and Future Outlook

The company maintains a strategic tie-up with Augmont Goldtech, described as India's largest fully integrated gold platform, serving as a comprehensive destination for gold-related financial needs. Going forward, Finkurve Financial Services continues to focus on sustainable expansion, asset quality discipline, and long-term value creation as it scales further in India's growing gold loan ecosystem.