First Fintec Limited will hold its Board of Directors meeting on August 29, 2026, primarily to address governance matters including the appointment of statutory auditors and the scheduling of its upcoming Annual General Meeting (AGM). The company, formerly known as Firstobject Technologies Limited, disclosed that the board intends to fix the date, time, and venue for the AGM while approving the draft notice and annual report.

Auditor Appointment

The board plans to appoint M/s P C Surana & Co, Chartered Accountants, as the statutory auditors of the company. Mr. P.C. Surana, a partner at the firm, will lead the engagement. This appointment is intended to fill a casual vacancy created by the departure of M/s JMT & Associates, Chartered Accountants.

The source indicates that the term of M/s JMT & Associates concludes with the ensuing AGM. Consequently, M/s P C Surana & Co will hold office until the conclusion of the annual general meeting to be held for the financial year 2030-31. The remuneration and out-of-pocket expenses for the new auditors will be determined by the Board of Directors.

AGM Logistics

In addition to the auditor appointment, the board will decide on the date for book closure required for the AGM. The company also plans to appoint a scrutinizer to conduct the e-voting or ballot process in a fair and transparent manner for the ensuing annual general meeting.

The meeting was convened pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. V.S.R. Sastry, Director, COO, and Compliance Officer, issued the notice from Mumbai.

First Fintec Ltd has confirmed to the Bombay Stock Exchange that Regulation 23(9) of the SEBI (LODR) Regulations, 2015, does not apply to its operations regarding the disclosure of related party transactions. The company stated in a filing that the requirement to disclose such transactions on a consolidated basis is not relevant as it does not engage in any related party transactions on a standalone basis. Furthermore, the entity operates solely on standalone financials and does not possess any holding, subsidiary, or joint venture structures.

The clarification was submitted to the exchange by V.S.R. Sastry, Director & COO & Compliance Officer, on July 8, 2026. The communication emphasized that the absence of a complex corporate structure and related party dealings exempts the company from the specific reporting mandates outlined in the latest amendments of the regulation. Consequently, First Fintec Ltd is not required to submit the Related Party Transaction disclosures as stipulated under the specified regulation.

The company noted that this status of non-applicability had already been recorded and disclosed in the Corporate Governance report filed for the quarter ended June 30, 2026. This prior disclosure ensures that the regulatory records reflect the company's compliance status concerning related party transactions. The filing serves as a formal intimation to the exchange to update its records based on the company's standalone operational structure.

Key Disclosures