Sakthi Finance Limited has announced the completion of Sri K Guruprasad's term as Head of Internal Audit (HIA), marking the end of his one-year tenure in this senior management role. The company communicated this development to BSE Limited through a formal intimation dated 31 March 2026, ensuring compliance with regulatory disclosure requirements.

Appointment and Term Details

Sri K Guruprasad was appointed as Head of Internal Audit following a structured governance process. The Nomination and Remuneration Committee recommended his appointment, which was subsequently approved by the Board of Directors during their meeting held on 25 March 2025.

Regulatory Compliance Framework

The company has adhered to comprehensive disclosure requirements under multiple regulatory frameworks. The intimation was made in accordance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, read with Schedule III provisions.

Additionally, the disclosure aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026, ensuring complete regulatory compliance for senior management changes.

Disclosure Documentation

Sakthi Finance Limited provided detailed information through a structured annexure, addressing specific regulatory requirements:

Communication and Transparency

The company has ensured transparent communication of this development across multiple channels. The intimation has been submitted to BSE Limited through the Listing Centre and uploaded on the company's official website at sakthifinance.com under the investor information section.

S Venkatesh, Company Secretary and Chief Compliance Officer (FCS 7012), signed the official communication, demonstrating proper authorization and corporate governance protocols. The completion of Sri K Guruprasad's term represents a planned transition in the company's internal audit leadership structure.

Sakthi Finance Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving a special resolution for commission payment to a Non-Executive Director. The company announced the results on 21 March 2026, following the completion of remote e-voting that ran from 19 February 2026 to 20 March 2026.

Postal Ballot Results Overview

The special resolution regarding payment of commission to Dr S Veluswamy (DIN: 05314999), Non-Executive, Non-Independent Director, received strong shareholder support. The resolution authorizes payment of 1% commission on net profits computed under Section 198 of the Companies Act, 2013 for Financial Year 2025-26, covering the period from 1 April 2025 to 31 March 2026.

Voting Participation by Category

The voting results demonstrated strong support across different shareholder categories. The Promoter and Promoter Group showed unanimous support, while Public Non-Institutions category had the highest participation rate among public shareholders.

Process Details and Compliance

The postal ballot was conducted entirely through remote e-voting without sending physical ballots, in compliance with Ministry of Corporate Affairs and SEBI guidelines. The cut-off date for determining eligible shareholders was set as 13 February 2026, with 10,545 shareholders eligible to participate in the voting process.

Central Depository Services (India) Limited served as the e-voting platform provider, with E-Voting Sequence Number 260216001. The company published advertisements in Business Line (English) and Hindu Tamil Thisai (Tamil) newspapers on 19 February 2026 regarding the dispatch of postal ballot notices.

Regulatory Disclosure and Compliance

The company has formally notified BSE Limited about the voting results through a regulatory disclosure under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references the initial board approval communicated on 12 February 2026 for the commission payment proposal.

Scrutinizer's Report and Validation

R. Sivasubramanian, Practicing Company Secretary (Membership No. A22289), acted as the scrutinizer for the postal ballot process. The scrutinizer's report confirmed that the special resolution was duly passed with requisite majority on 20 March 2026, when the remote e-voting process concluded.

The voting results and scrutinizer's report are available on the company's website at sakthifinance.com/investor-information, CDSL's website at evotingindia.com/noticeResults, and at the company's registered office notice board at 62, Dr. Nanjappa Road, Coimbatore – 641 018. The postal ballot process was conducted in accordance with Sections 108 and 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI regulations.