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.

Pro Fin Capital Services Limited will convene a board meeting on June 25, 2026, to deliberate on increasing its authorised share capital and finalising the schedule for its 35th Annual General Meeting (AGM). The meeting aims to approve key corporate actions, including the Director's report and the book closure dates necessary for the AGM proceedings.

The Board of Directors will consider and fix the date, time, venue, and mode of conducting the 35th AGM. Alongside this, the directors will approve the Director's report along with its annexures. The board is also scheduled to consider and approve the book closure period to determine shareholder eligibility for the upcoming annual meeting.

A significant agenda item includes the proposal to increase the authorised share capital of the company. This move requires shareholder approval and is intended to potentially support future capital requirements or corporate restructuring.

In compliance with the Code for Prevention of Insider Trading in the Securities of the Company, the trading window for dealing in the securities of Pro Fin Capital Services Limited will be closed. The shutdown commences from June 18, 2026, and will remain in effect until the end of the 48 hours following the conclusion of the board meeting.