One MobiKwik Systems reported a significant financial turnaround in FY26, narrowing its EBITDA to INR -5 crores from INR -79 crores in the previous year. The company achieved positive EBITDA of INR 15 crores and INR 17 crores in Q3 and Q4 of FY26 respectively, marking a shift from four consecutive quarters of losses following its listing in December 2024. This performance signals a move towards a profitable business model, supported by the recent shareholder approval to transfer its Lending Services Provider business to a wholly-owned subsidiary.

The company received overwhelming shareholder approval to transfer the Lending Services Provider business to MobiKwik Distribution Services Private Limited, formerly known as MobiKwik Credit Private Limited, on a slump sale basis. The resolutions were passed via a remote e-voting postal ballot process that concluded on July 2, 2026. The postal ballot also sanctioned the alteration of the object clause in the Memorandum of Association and approved the variation in the objects and terms of utilisation of the Initial Public Offering proceeds, including an extension of the time limit for utilisation.

Voting Results

The scrutinizer's report confirmed that all three resolutions received the requisite majority. The variation in IPO proceeds utilisation was approved by 99.86% of the votes polled, while the other two resolutions received 99.98% approval.

Procedural Details

The remote e-voting process commenced on June 3, 2026. Devesh Kumar Vasisht of DPV & Associates LLP served as the scrutinizer. The total paid-up equity share capital of the company stood at 7,87,30,262 shares as on the cut-off date of May 29, 2026, which was also the record date for determining eligibility.

one mobikwik systems will attend the Antique Fintech Conference organized by Antique Limited on June 30, 2026. The company's officials will participate in one-on-one and group meetings with analysts and investors at Trident BKC in Mumbai. The event aims to engage with stakeholders based on publicly available information.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no unpublished price-sensitive information will be shared during the meeting. The schedule is subject to change due to exigencies on the part of the hosts or the company.

The details of the meeting are as follows:

Ankita Sharma, Company Secretary and Compliance Officer, signed the disclosure on behalf of One Mobikwik Systems Limited. The information will also be available on the company's website.