Sera Investments & Finance India Limited has formally responded to a query from BSE Limited regarding promoter reclassification under SEBI regulations. The company's response, dated April 9, 2026, addresses BSE's inquiry about compliance with Regulation 31A(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Promoter Reclassification Application

The company confirmed that it filed an application on August 11, 2025, seeking BSE's approval for reclassifying existing promoters from the promoter category to the public category. The application was submitted in response to requests received from the promoters themselves for such reclassification.

Details of Promoters Seeking Reclassification

Two promoters have requested reclassification to public category status:

Both promoters currently hold no equity shares in the company and have no relation with the Board of Directors, which supports their request for reclassification to public category.

Regulatory Compliance

The response demonstrates the company's adherence to SEBI's disclosure requirements under Regulation 31A(8). This regulation mandates companies to inform stock exchanges about promoter reclassification matters and seek appropriate approvals before implementing such changes.

Official Authorization

The response was officially signed by Sagar Samir Shah, Whole-Time Director with DIN: 03082957, on April 9, 2026. The document was digitally signed, ensuring authenticity and compliance with modern regulatory filing requirements.

Sera Investments & Finance India Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating exceptional performance across key financial metrics. The board of directors approved these results during their meeting held on January 21, 2026, marking a significant turnaround for the NBFC.

Quarterly Financial Performance

The company's Q3FY26 results showcase remarkable improvement compared to the corresponding quarter of the previous year:

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, further reinforces the company's strong operational performance:

Expense Management and Profitability

The company maintained disciplined expense management during Q3FY26. Total expenses stood at ₹159.46 lakhs compared to ₹607.79 lakhs in Q3FY25, representing a significant reduction of 73.77%. Key expense components included:

• Finance costs: ₹42.51 lakhs (Q3FY26) vs ₹40.81 lakhs (Q3FY25)
• Employee benefit expenses: ₹5.16 lakhs vs ₹10.74 lakhs
• Other expenses: ₹94.74 lakhs vs ₹20.67 lakhs
• Impairment on financial instruments: ₹1.57 lakhs vs ₹526.41 lakhs

Tax Provisions and Comprehensive Income

The company's tax expenses for Q3FY26 totaled ₹359.32 lakhs, comprising current tax of ₹359.57 lakhs and deferred tax benefit of ₹0.26 lakhs. This contrasts with a net tax benefit of ₹30.01 lakhs in Q3FY25.

Other comprehensive income remained substantial at ₹24,654.18 lakhs (net of tax) in Q3FY26, primarily driven by items that will not be reclassified to profit or loss, including unrealized gains on investments.

Capital Structure and Investment Updates

Sera Investments & Finance India Limited maintains a paid-up equity share capital of ₹1,309.86 lakhs with a face value of ₹2.00 per share. The company's other equity capital (reserves and surplus) stood at ₹28,093.95 lakhs as of March 31, 2025.

The results highlight the company's investment in Sri Adhikari Brothers Television Network Ltd, where it received 10 lakh equity shares and 40 lakh convertible warrants in February 2024. These warrants were converted to equity shares in March 2024 following the resolution plan approved by the National Company Law Tribunal under insolvency proceedings.

Regulatory Compliance and Audit

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors SDPM & Co. Chartered Accountants. The audit committee reviewed these results on January 21, 2026, before board approval. As a registered Non-Banking Financial Company (NBFC), the company operates without separate reportable segments under Ind AS 108.