S P Capital Financing Ltd has initiated a postal ballot process to seek shareholder approval for a material related party transaction with Pride Hotels Limited and an increase in its borrowing powers. The resolutions propose an aggregate transaction limit of ₹95 Cr with the hospitality sector entity and authorize the board to borrow up to ₹200 Cr, exceeding the company’s paid-up share capital and free reserves. These measures aim to optimize treasury operations and support business objectives, subject to regulatory compliance.

The board approved the draft Postal Ballot Notice during a meeting on July 03, 2026. The transaction with Pride Hotels Limited, a promoter group entity, involves obtaining unsecured loans at an interest rate of 6.00% per annum. The proposed borrowing limit under Section 180(1)(c) of the Companies Act, 2013, provides financial flexibility for the non-banking financial company to avail funds from banks and other institutions.

The company has intimated BSE Limited regarding the publication of the newspaper advertisement for the Postal Ballot Notice and remote e-voting in The Free Press Journal (English) and Navshakti (Marathi). The electronic dispatch of the Postal Ballot Notice was completed on July 06, 2026, to members whose email addresses were available as on the cut-off date of July 03, 2026. Physical copies of the notice are not being sent.

Key Approvals

E-Voting Schedule

The company has appointed Mr. Martand Ferrao, Practicing Company Secretary, as the Scrutinizer to oversee the e-voting process conducted via NSDL. Members can cast their votes electronically, and the resolution will be deemed passed on the last date of voting if approved by the requisite majority. The intimation was submitted to BSE Limited by Arun Omprakash Sonar, Company Secretary & Compliance Officer.

S P Capital Financing Ltd held its Board of Directors meeting on May 11, 2026, wherein the Board approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. R C Jain & Associates LLP (FRN: 103952W/W100156), issued an audit report with an unmodified opinion on the financial results. The meeting commenced at 12:30 p.m. and concluded at 04:15 p.m. Subsequently, in compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its audited standalone and consolidated financial results in The Free Press Journal (English) and Navshakti (Marathi) on May 13, 2026.

Standalone Financial Performance

The company's standalone financial results for the fourth quarter and full financial year reflect the following key metrics (Rs. in lacs):

Standalone Revenue Breakdown (FY26)

The standalone revenue from operations for FY26 comprised interest income of ₹268.94 lacs, dividend income of ₹67.16 lacs, and net gain on fair value changes of ₹686.31 lacs.

Consolidated Financial Performance

The consolidated results include the financials of S P Capital Financing Ltd and its associate company, Pride Orchades Private Limited, accounted under the equity method. The share of profit from associates stood at ₹1.28 lacs for FY26. Key consolidated metrics are as follows (Rs. in lacs):

Balance Sheet Highlights

The standalone and consolidated balance sheet positions as at March 31, 2026 are summarised below (Rs. in lacs):

Cash Flow Summary

For the financial year ended March 31, 2026, the company reported net cash flow from operating activities of ₹513.53 lacs, net cash used in investing activities of ₹2,515.52 lacs, and net cash from financing activities of ₹1,952.05 lacs. Cash and cash equivalents at the end of the year stood at ₹59.81 lacs, compared to ₹109.75 lacs at the beginning of the year.

Dividend and Other Disclosures

The Board had declared an interim dividend of ₹0.50 per equity share of face value ₹10 each, paid on February 20, 2026, and ₹5.00 per preference share of face value ₹100 each, paid on February 17, 2026. The company is primarily engaged in financial services and allied activities, with no separate reportable segments under Ind AS 108. The auditors confirmed that the internal financial controls over financial reporting were operating effectively as at March 31, 2026, with no qualifications or adverse remarks in the CARO reports. The intimation was signed by Arun Omprakash Sonar, Company Secretary & Compliance Officer (Membership No. A68976), and the declaration under Regulation 33(3)(d) was submitted by Sureshchand Premchand Jain, Managing Director (DIN: 00004402).