The board of directors of U.Y. Fincorp Limited approved the appointment of a new statutory auditor and the re-appointment of its executive director during its meeting held on September 5, 2026.

The company also approved the notice for its 33rd Annual General Meeting (AGM) and related corporate governance documents for FY26.

Auditor Appointment

The board appointed M/s. Praveen K Srivastava & Co., Chartered Accountants, as the statutory auditors of the company. This appointment fills a casual vacancy caused by the resignation of M/s. B. Nath & Co., Chartered Accountants.

Praveen K Srivastava & Co. was initially appointed by the board on July 24, 2026. The firm has confirmed its eligibility and consent to act as statutory auditors for a term of five years. The term begins from the conclusion of the forthcoming 33rd AGM and continues until the conclusion of the 38th AGM, subject to shareholder approval.

The firm, established in 2005 by CA Praveen Kumar Srivastava, operates from offices in Lucknow, Ghaziabad, Prayagraj, and Raipur. It employs six partners and more than 25 qualified professionals.

Director Re-Appointment

On the recommendation of the Nomination & Remuneration Committee, the board approved the re-appointment of Mr. Dinesh Burman as Whole-time Executive Director. His new term is for three consecutive years, effective May 30, 2027, subject to approval at the forthcoming AGM.

Mr. Burman brings over 36 years of experience in administrative, marketing, and general corporate matters. The company affirmed that he is not debarred from holding office by any SEBI order or other authority.

Other Approvals

The board also considered and approved the following:

• Director’s Report, Corporate Governance Report, and Management Discussion and Analysis Report for FY26
• Closure of share transfer books and register of members
• Approval of material related-party transactions for FY27 and up to the date of the AGM in 2027

The meeting commenced at 2:00 pm and concluded at 3:00 pm. Details regarding the appointments were disclosed under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

U. Y. Fincorp Limited saw its promoter group increase its stake in the company following a series of open market acquisitions led by Dipti Deepak Kothari. The most recent transaction involved the purchase of 200,000 equity shares on August 19, 2026, for a value of ₹41,91,895.20. This was preceded by an earlier buy of 36,123 shares on August 17, 2026.

The transactions were disclosed under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, with filings submitted to both BSE Limited and NSE Limited on August 20, 2026. These disclosures provide a granular view of the promoter’s individual trading activity, distinct from the broader Persons Acting in Concert (PAC) group filing under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Pattern Update

Prior to these acquisitions, the promoter group held 13,58,19,806 shares, representing 71.39% of the total voting capital. Following the cumulative purchases by Dipti Deepak Kothari and other PAC members, the group’s holding stands at 13,60,19,806 shares, or 71.49%.

The total equity share capital of U. Y. Fincorp remains unchanged at 1,90,23,8329 equity shares of ₹5 each, aggregating to ₹95,11,91,645.

Acquirer Details and Transaction History

The acquisitions were executed by Dipti Deepak Kothari, categorized as part of the Promoter Group. Her individual shareholding increased from 36,89,002 shares (1.94%) to 39,25,125 shares (2.06%) following the two transactions.

The broader Persons Acting in Concert (PAC) group includes:

• Udai Kothari
• Deepak Kothari
• Lotus Capital Financial Services Limited
• U. Y. Industries Private Limited
• Dipak Kothari (HUF)

No encumbrances, warrants, or convertible securities were involved in these transactions. There were no derivative trades reported during this period.