Si Capital & Financial Services Limited has scheduled its 32nd Annual General Meeting (AGM) for September 18, 2026. The meeting will seek shareholder approval for a ₹10 crore non-convertible debenture (NCD) issuance and a revision in the Managing Director’s remuneration.

The meeting is set to commence at 11:30 am via video conferencing or other audio-visual means (OAVM). The board also proposed the re-appointment of two directors retiring by rotation: Mr. T.B. Ramakrishnan and Ms. Jitha Chummar.

Corporate Actions

The notice for the AGM, issued on August 25, 2026, outlines the ordinary and special business to be transacted. Shareholders holding shares as on the record date of September 11, 2026, are eligible to vote. Remote e-voting will be available from September 15 to September 17, 2026.

Key resolutions include:

• Adoption of the Audited Standalone Financial Statements for FY26.
• Re-appointment of Mr. T.B. Ramakrishnan (DIN: 01601072) and Ms. Jitha Chummar (DIN: 02582004) as Non-Executive, Non-Independent Directors liable to retire by rotation.
• Approval of the MD’s revised remuneration package effective April 1, 2026.
• Authorization for the issuance of secured/unlisted NCDs via private placement up to ₹10 crore over one year.

Remuneration Revision

The Nomination and Remuneration Committee recommended increasing the fixed monthly salary of Managing Director Anto Jayson Mekkattukulam from ₹75,000 to ₹1,25,000. The performance-linked commission remains at 15% of profit before tax, but the threshold for calculation rises from ₹60 lakh to ₹70 lakh. This change applies to profits exceeding the new baseline.

What the Numbers Show

The remuneration structure shift increases fixed costs while raising the hurdle for variable pay. By lifting the profit threshold from ₹60 lakh to ₹70 lakh, the company delays the trigger for additional executive compensation until higher absolute profitability is achieved. This balances the higher monthly salary against stricter performance metrics for bonus eligibility.

SI Capital & Financial Services Limited has published newspaper advertisements on August 6, 2026, confirming the dispatch of the Letter of Offer in connection with its proposed rights issue of up to 75,75,000 fully paid-up equity shares of face value ₹10 each. The issue is priced at ₹10 per rights equity share and aggregates up to ₹757.50 Lakhs. The advertisements were published in Financial Express (English), Jansatta (Hindi), and The Hindu (Tamil), in compliance with Regulation 84(1) of the SEBI ICDR Regulations.

Issue Structure and Key Terms

The rights issue is being offered to eligible equity shareholders of the company in the ratio of 3 rights equity shares for every 2 fully paid-up equity shares of ₹10 each held as on the record date, i.e., July 31, 2026. The promoter of the company is Sharewealth Securities Limited. The following table summarises the key parameters of the issue:

Issue Programme

The issue schedule is structured as follows:

The board or a duly authorised committee retains the right to extend the issue period, subject to a maximum of 30 days from the issue opening date. No withdrawal of application is permitted after the issue closing date.

Payment Schedule

The entire issue price is payable on application, with no premium component, as detailed below:

Application Process and ASBA Requirements

All investors are mandatorily required to apply through the Application Supported by Blocked Amount (ASBA) process, in accordance with Regulation 76 of the SEBI ICDR Regulations. No cheques will be accepted. Investors must submit their application forms to the designated branch of a Self-Certified Syndicate Bank (SCSB) or apply online through the SCSB's website, authorising the blocking of the application money in their ASBA account.

Eligible equity shareholders holding shares in physical form as on the record date who wish to subscribe must furnish their demat account details to the registrar or the company at least three working days prior to the issue closing date, i.e., September 03, 2026. Rights entitlements and allotment of rights equity shares will be made in dematerialised form only, in accordance with Regulation 77A of the SEBI ICDR Regulations.

Renunciation of Rights Entitlements

Investors may renounce their rights entitlements, either in full or in part, through two routes:

• On-Market Renunciation: Rights entitlements may be traded on the secondary market platform of BSE during the renunciation period from August 10, 2026 to August 28, 2026 (both days inclusive), under ISIN INE417F20017, on a T+1 rolling settlement basis.
• Off-Market Renunciation: Rights entitlements may be transferred through a depository participant via a delivery instruction slip, quoting ISIN INE417F20017, on or prior to the issue closing date.

Investors who purchase rights entitlements through either route must submit an application for subscribing to the rights equity shares on or before the issue closing date. Rights entitlements for which no application is made will lapse and be extinguished after the issue closing date.

Listing, Availability of Issue Materials, and Company Background

The rights equity shares, upon allotment, are proposed to be listed and admitted for trading on BSE, subject to necessary approvals. The company has received in-principle approval from BSE dated June 24, 2026. The existing equity shares of the company are listed on BSE.

SI Capital & Financial Services Limited was originally incorporated on November 8, 1994, as a public limited company under the Companies Act, 1956. On March 05, 1998, the RBI granted the company a certificate of registration as a non-deposit accepting non-banking financial company under Section 45IA of the Reserve Bank of India Act, 1934. The company's registered office is located at No. 28, Second Floor, New Scheme Road, Pollachi, Coimbatore, Tamil Nadu – 642001, and its corporate office is in Thrissur, Kerala.

The Letter of Offer, application form, and other issue materials are available on the websites of the company ( www.sicapital.co.in ), the registrar ( www.in.mpmf.muft.com / www.in.mpms.mufg.com ), and BSE ( www.bseindia.com ). Investors with queries may contact the registrar, MUFG Intime India Private Limited, at +91 81081 14949 or at sicapfin.rights2026@in.mpms.mufg.com .