Sodhani Academy of Fintech Enablers Ltd completed the acquisition of a 1% equity stake in CredArc Technologies Private Limited on September 18, 2026. The company paid a total subscription amount of ₹1 crore for the investment, marking its entry into the environmental, social and governance (ESG) technology sector.

The transaction involved the allotment of 5,000 equity shares with a face value of ₹10 each. Sodhani Academy subscribed to these shares at a premium of ₹1,990 per share. This pricing structure resulted in the total consideration of ₹1 crore, securing the minority holding in the target entity.

Transaction Details

CredArc Technologies Private Limited was incorporated on June 20, 2026. As a newly formed entity, it reported no turnover during the period leading up to the acquisition. The target company operates in the ESG technology and sustainability compliance solutions space, offering services such as sustainability reporting, data management and other technology-enabled compliance tools.

The acquisition is structured as a cash consideration deal. Sodhani Academy confirmed that the investment does not fall under related-party transactions. No promoters, promoter groups or group companies hold any interest in CredArc Technologies, ensuring the deal was executed at arm's length.

Strategic Rationale

Sodhani Academy stated that the acquisition aims to facilitate strategic participation in the growing digital compliance and reporting ecosystem. By investing in ESG technology solutions, the listed entity seeks to align with broader sustainability trends while diversifying its fintech enabler portfolio.

No governmental or regulatory approvals were required for this specific acquisition. The company disclosed these details in an intimation to BSE Limited under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, referencing SEBI Master Circular No. SEBI/HO/49/14/14(7) 2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Sodhani Academy of Fintech Enablers Limited shareholders approved all five resolutions proposed at its 17th Annual General Meeting held on August 24, 2026, with 100% support across every item.

The final dividend of ₹0.75 per equity share for FY26 was ratified by shareholders representing 74.44% of the total outstanding shares. The reappointment of Rajesh Kumar Sodhani as Managing Director and Priya Sodhani as a director also received unanimous backing.

Voting Participation and Results

A total of 334 shareholders were on record as of August 18, 2026. Of these, 5 shareholders attended the physical meeting, while remote e-voting was conducted from August 21 to August 23, 2026, through Central Depository Services (India) Limited.

The consolidated voting results show high engagement from promoter stakeholders:

No votes were cast against any resolution, and there were zero invalid votes recorded across all categories.

Key Resolutions Passed

Shareholders approved four ordinary resolutions and one special resolution. The key outcomes included:

• Adoption of the audited financial statements for the financial year ended March 31, 2026.
• Declaration of the final dividend of ₹0.75 per share.
• Reappointment of Priya Sodhani as a director by rotation.
• Appointment of M/s. Rajvanshi & Associates, Chartered Accountants (Firm Registration No. 005069C), as statutory auditors to fill a casual vacancy caused by the resignation of M/s J C Kabra & Associates. The term runs from the conclusion of this meeting until the next Annual General Meeting.
• Reappointment of Rajesh Kumar Sodhani as Managing Director for a period of three years, commencing from the conclusion of the AGM until the conclusion of the AGM in FY29.

Governance and Compliance

The meeting was chaired by Priya Sodhani, Chairperson and Director. Rajesh Kumar Sodhani, Managing Director, and Monika Agarwal, Company Secretary, were present. Ten shareholders attended in person.

Shubham Jain, Practicing Company Secretary, served as the scrutinizer for the voting process. The Statutory Auditors' Report and Secretarial Auditor's Report contained no qualifications or adverse remarks.