One MobiKwik Systems Limited has scheduled its 18th Annual General Meeting (AGM) for Tuesday, September 22, 2026. The meeting will commence at 11:00 am and be conducted exclusively through video conferencing and other audio-visual means, as per regulatory requirements.

The company disclosed this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements were published on August 19, 2026, in the Financial Express (English) and Jansatta (Hindi) to inform members of the convening of the AGM.

Meeting Details

Members will not need to be physically present at any location. The proceedings will comply with the Companies Act, 2013, and the latest circulars issued by the Ministry of Corporate Affairs and SEBI.

Key logistical details for the AGM include:

Shareholders will have the facility to cast their votes electronically. This includes remote e-voting before the meeting and e-voting during the AGM for those who have not voted remotely. The National Securities Depository Limited (NSDL) will facilitate the voting process.

Document Availability

The notice for the AGM and the annual report for FY26 will be dispatched only in electronic mode to members who have registered their email addresses with the company, its Registrar and Transfer Agent (MUFJ DataTek India Private Limited), or depositories.

For members without registered email addresses, the company is sending a letter containing a web link to access these documents. The materials will also be hosted on the company’s website and the respective stock exchange portals.

Ankita Sharma, Company Secretary and Compliance Officer, signed the disclosure filed with the National Stock Exchange of India Limited and BSE Limited.

One MobiKwik Systems Limited has completed the transfer of its entire digital lending (Lending Services Provider or LSP) business, along with associated employees, to its wholly owned subsidiary, MobiKwik Distribution Services Private Limited (MDSPL). The transaction was executed in accordance with the Business Transfer Agreement and is effective as of August 18, 2026.

The company disclosed the completion under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction follows previous stock exchange intimations dated May 22, 2026, June 2, 2026, and July 2, 2026. Shareholders approved the move through a special resolution via postal ballot on July 2, 2026.

Transaction Details

The consideration for the slump sale will be discharged through the issuance of Non-Convertible Debentures by MDSPL to One MobiKwik Systems Limited. The valuation is based on the book value of the assets and liabilities of the LSP business as determined on the appointed date, August 18, 2026. Following shareholder approval, One MobiKwik Systems Limited infused ₹60.85 crore as equity into MDSPL.

The LSP business forms part of the company’s broader financial services segment. The restructuring moves this specific lending operations vertical into a dedicated subsidiary entity, allowing for consolidated management under the parent group while separating the operational structure.

Leadership and Strategic Outlook

With the transition complete, Manish Pathania has been appointed Chief Business Officer of MDSPL to spearhead the lending vertical. He will oversee the digital lending business and drive its next phase of growth, building on MobiKwik’s capabilities across customer origination, underwriting, credit risk management, servicing and collections. Pathania brings close to two decades of experience across digital lending, having previously headed the digital lending business at Bajaj Markets and worked for GE Money and HDB Financial Services.

The creation of MDSPL as a dedicated digital lending subsidiary provides a focused operating structure for the digital lending business as the Group propels its broader financial services strategy. Earlier, in April 2026, the RBI had approved the Group’s NBFC application, subject to the condition that the LSP business be migrated to a wholly owned subsidiary before the Certificate of Registration is issued.

Business Performance

The transition comes as MobiKwik’s digital lending business demonstrated strong growth – Financial Services Gross Profit shot up 459% YoY in Q1 FY27, driven by improved credit quality and recovery efforts. During the quarter, 32% of disbursals were through the Distribution Model while 68% of disbursals were through the FLDG (First Loss Default Guarantee) Model.

The Group sees significant headroom to deepen credit penetration across its 9.5 crore engaged existing customers, while maintaining a disciplined approach to underwriting, credit risk and portfolio quality. The Company is poised to achieve quarterly disbursals of ₹1,000+ crore in the upcoming quarters, driven by AI-led growth initiatives and new lender partnerships.