ISF Limited concluded its 38th Annual General Meeting on September 28, 2026, adopting the audited standalone financial statements for the fiscal year ended March 31, 2026. The meeting, conducted via Video Conferencing/Other Audio-Visual Means, also approved the appointment of Anil Kumar Verma as Whole-time Director and Ruchi Sabharwal as Non-Executive Non-Independent Director.

The proceedings were chaired by Gayatri Muttur Nagaraj, Independent Director. A total of 97 members participated in the virtual meeting. The company confirmed that the statutory auditors' report for FY26 did not contain any qualifications, reservations, adverse remarks, or disclaimers requiring clarification.

Key resolutions passed

Members voted on four ordinary resolutions during the meeting. The agenda included the adoption of financial statements for both the current and previous fiscal years, alongside governance changes.

Governance and attendance

Key managerial personnel and auditor representatives attended the session. Vijay Gupta served as Chief Financial Officer, while Anil Kumar Verma addressed members as Chief Executive Officer regarding business affairs. Representatives from VSSA & Associates (Statutory Auditors), Sapra Sharma & Associates (Internal Auditors), and Parul Agarwal & Associates (Secretarial Auditors) were present.

The Company Secretary noted that certain observations were contained in the Secretarial Audit Report, with explanations provided to members during the meeting. Voting results will be submitted to stock exchanges and published on the company website and NSDL portal in accordance with SEBI Listing Regulations.

ISF Limited has scheduled its 38th Annual General Meeting for September 28, 2026. The meeting will primarily address the adoption of un-adopted audited financial statements for FY25 and approve new board appointments.

The company also announced that National Securities Depository Limited (NSDL) will facilitate remote e-voting for shareholders. E-voting will commence on September 25, 2026, at 9:00 am and conclude on September 27, 2026, at 5:00 pm.

Board Appointments

The board approved the appointment of Anil Kumar Verma as Whole-Time Director and Ruchi Sabharwal as Non-Executive Non-Independent Director on August 31, 2026. These proposals require Reserve Bank of India and shareholder approval.

• Anil Kumar Verma: Appointed as Whole-Time Director for a five-year term. He brings over 23 years of experience in commercial banking, SME lending, and fintech-driven B2B lending across India and Tanzania.
• Ruchi Sabharwal: Appointed as Non-Executive Non-Independent Director for a one-year term. She has more than 22 years of experience in Human Resources, having held leadership roles in large Indian and multinational corporations in financial services and IT sectors.

Both directors are not debarred by SEBI or any other authority. Their effective dates depend on RBI approval.

AGM and E-Voting Details

The 38th Annual General Meeting is scheduled for Monday, September 28, 2026, at 4:00 pm via Video Conferencing or Other Audio-Visual Means. The primary agenda includes placing the un-adopted audited financial statements for the financial year ended March 31, 2025, before members.

M/s. Parul Agrawal & Associates has been appointed as the scrutinizer for the e-voting process. Shareholders can view or download the Annual Report for FY25-26 and AGM notices from the company’s website or its Registrar and Share Transfer Agent, Skyline RTA.

Shareholder Communication and Compliance

Pursuant to Regulation 30 read with Regulation 36(1)(b) of the SEBI Listing Regulations, 2015, ISF Limited has provided web-links for shareholders who have not registered their email addresses. The Annual Report for the Financial Year 2025-2026 and the Notice of the 38th AGM are accessible via the company’s website at isflimited.in.

The company reminded shareholders to update their KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. This circular mandates that listed companies record PAN, address with PIN code, mobile number, bank account details, specimen signature, and choice of nomination for shareholders holding securities in physical mode. Security holders holding in physical mode without updated details shall be eligible for payments only through electronic mode with effect from April 1, 2024.