Indus Finance approved a final dividend of ₹0.60 per equity share for the financial year ended March 31, 2026, during its 35th Annual General Meeting held on July 10, 2026. The meeting, conducted via video conferencing, saw the adoption of audited financial statements and the reappointment of Mr. N. Bhaskara Chakkera as Director. Shareholders also sanctioned 12 material related party transactions as part of the special business agenda.

The AGM commenced at 4:00 P.M. IST and concluded at 4:25 P.M. IST. KRA & Associates, Practicing Company Secretaries, were appointed as scrutinizers to oversee the electronic voting process. Remote e-voting commenced on July 7, 2026, and concluded on July 9, 2026. The record date for determining shareholder eligibility was July 3, 2026.

All 12 resolutions put to vote were passed. The resolutions included the adoption of financial statements, the declaration of dividend, and the appointment of a director. The special business resolutions authorized material related party transactions with entities such as Indowind Energy Limited, Soura Capital Private Limited, and Soura Investments Holdings Private Limited.

Voting Summary

*Note: Votes for related party transactions ranged from 13,127,42 to 13,127,44 depending on the specific entity, with promoter group abstaining from voting on these items.

Indus Finance Limited reported a profit of ₹200.62 lakh for the financial year ended March 31, 2026, marking an 86% increase from ₹107.80 lakh in the previous year. Total income for the period rose to ₹936.04 lakh, compared to ₹579.25 lakh in FY25, primarily driven by a surge in profit on the sale of investments which amounted to ₹476.83 lakh. The company’s board has scheduled the 35th Annual General Meeting (AGM) for July 10, 2026, via video conferencing.

Financial Performance

The company’s revenue from operations increased to ₹936.04 lakh in FY26 from ₹554.05 lakh in the previous year. Interest income stood at ₹400.02 lakh, while profit on the sale of investments jumped significantly to ₹476.83 lakh from ₹208.05 lakh. Total expenses for the year were ₹644.36 lakh, up from ₹395.77 lakh in FY25. Finance costs rose to ₹287.59 lakh from ₹180.42 lakh.

Asset Quality and Provisions

The gross non-performing assets (NPAs) as of March 31, 2026, stood at ₹394.11 lakh. The company recognized an impairment loss allowance of ₹66.82 lakh as of March 31, 2026, compared to ₹112.88 lakh in the previous year. The net NPA position was reported at ₹377.34 lakh. The auditor highlighted the impairment of financial assets and the carrying value of equity investments in associates as key audit matters.

AGM and Corporate Governance

The 35th AGM will be held on July 10, 2026, at 4:00 PM IST through video conferencing. The record date for determining shareholder eligibility is July 3, 2026, with book closure from July 4 to July 10, 2026. E-voting will commence on July 7, 2026, at 9:00 AM and conclude on July 9, 2026, at 5:00 PM. The company has proposed related party transactions worth ₹130 crore for approval at the meeting.