pro fin capital services Board of Directors declined to increase the company's authorized share capital and alter its Memorandum of Association during a meeting held on June 25, 2026. The decision impacts the company's ability to issue new equity shares in the future without further shareholder approval. The board also determined that a fresh date for convening the 35th Annual General Meeting would be communicated to shareholders and exchanges in due course.

The meeting was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proceedings commenced at 5:00 P.M. IST and concluded at 5:30 P.M. IST. The regulatory filing was submitted to BSE Limited to disclose the outcome of these deliberations.

Board Decisions

The board reviewed the proposal to expand the authorized share capital, which serves as the upper limit for the number of shares a company can issue. By declining this proposal, the current capital structure remains unchanged. Additionally, the board addressed the scheduling of the upcoming annual general meeting, deferring the announcement of a specific date.

Ramesh Sawalram Saraogi has divested his entire shareholding in Pro Fin Capital Services Ltd through an open market transaction on June 24, 2026. The sale involved 1,20,00,000 equity shares, which accounted for 2.02% of the company's total paid-up equity share capital. Following this disposal, Saraogi and his Persons Acting in Concert (PAC), Navratri Share Trading Private Limited, no longer hold any shares in the company.

The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirmed that the seller did not belong to the promoter or promoter group of the target company. The shares sold were ordinary equity shares carrying voting rights, with no encumbrances reported prior to the transaction.

Shareholding Details

The transaction resulted in the complete exit of the shareholder from Pro Fin Capital Services Ltd. The total equity share capital of the company remained unchanged at 59,25,94,326 equity shares of ₹1 each, totaling ₹59,25,94,326.

The shares were listed on BSE Limited, with the scrip code 511557. The filing confirmed that there were no warrants, convertible securities, or other instruments entitling the acquirer to receive shares involved in the transaction.