Promoters of NBI Industrial Finance Company have confirmed that no encumbrance was created on the shares held by them during the financial year 2025-26. The disclosure ensures that the shareholding structure remains free from pledged assets, providing clarity to investors regarding the ownership status. This confirmation was submitted to the National Stock Exchange of India Ltd. on April 6, 2026.

The disclosure was made on behalf of the promoters and persons acting in concert to comply with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. The regulation mandates the disclosure of any encumbrance on shares held by promoters to ensure transparency in the capital markets. The letter addressed to the exchange clarified that no such encumbrance was made or created during the specified financial year.

The submission was signed by Prashant Bangur on behalf of the promoters. A copy of the disclosure was also forwarded to the Company Secretary of NBI Industrial Finance Co. Ltd. based in Kolkata. The filing serves as a formal compliance record for the exchange.

N.B.I. Industrial Finance Company Limited has announced that its Board of Directors approved proposed alterations to the Memorandum of Association (MOA) during a meeting held on May 22, 2026. The decision aims to align the company's objectives with the directions of the Reserve Bank of India (RBI), specifically to facilitate the issuance of a Certificate of Registration as a Type-I NBFC-ND. This categorisation applies to non-banking financial companies that do not accept public funds and lack customer interface.

The proposed amendments involve removing provisions related to lending and borrowing from the object clause of the MOA. The Board has determined that these deletions are necessary to comply with RBI requirements. Additionally, the resolution includes updates to the syntax of various object clauses. The changes will be subject to the approval of shareholders and any required regulatory or statutory approvals.

Postal Ballot Notice

The company has issued a notice of postal ballot to seek the approval of members for the proposed alterations. Shareholders are requested to vote on the special resolution via remote e-voting. The e-voting period is scheduled to begin at 09:00 a.m. IST on Tuesday, May 26, 2026, and will end at 05:00 p.m. IST on Wednesday, June 24, 2026.

Key Voting Details

The resolution, if passed by the requisite majority, shall be deemed to have been passed on the last date specified for voting, which is June 24, 2026. The results of the voting will be intimated to the National Stock Exchange of India Limited within two working days from the conclusion of the voting and will be uploaded on the company’s website.

Scrutinizer Appointment

The Board has appointed Mr. Rohit Kumarr Mundhra, a Practicing Chartered Accountant and partner of M/s. ASRM & Co., to act as the Scrutinizer for the remote e-voting process. The detailed procedure for e-voting has been made available to shareholders through the official notice and the company's website.