United Credit Limited has scheduled its 55th Annual General Meeting (AGM) for Monday, September 28, 2026. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with Ministry of Corporate Affairs circulars.

The company dispatched the AGM notice and the Annual Report for the financial year ended March 31, 2026, on Thursday, September 3, 2026. These documents were sent electronically to members with registered email addresses. Shareholders without registered emails received letters containing web links to access the reports.

E-Voting Schedule

The company has enabled e-voting through Central Depository Services India Limited (CDSL). Members holding shares as of the cut-off date, Monday, September 21, 2026, are eligible to vote. Remote e-voting commences on Friday, September 25, 2026, at 9:00 am and concludes on Sunday, September 27, 2026, at 5:00 pm.

Members who cast their votes remotely cannot vote again during the meeting. Those who have not voted remotely may exercise their voting rights during the AGM via the CDSL platform.

Special Window for Physical Securities

The notice highlights a SEBI circular regarding a special window for the transfer and dematerialisation of physical securities. This window remains open from February 5, 2026, until February 4, 2027. Eligible shareholders can use this period to process transfer requests that were previously rejected or pending due to documentation deficiencies.

United Credit has scheduled its 55th Annual General Meeting for September 28, 2026, to approve financial statements for the fiscal year ended March 31, 2026. The Kolkata-based NBFC reported a net profit of ₹85.67 lakh, a decline from ₹101.39 lakh in the previous year. Revenue from operations fell to ₹310.65 lakh from ₹343.59 lakh.

Financial Performance

The company's profit before tax decreased to ₹108.82 lakh from ₹130.14 lakh in FY25. While interest income on loans rose to ₹252.71 lakh from ₹237.38 lakh, rental income dropped sharply to ₹51.65 lakh against ₹100.34 lakh last year. Total expenses contracted to ₹214.15 lakh from ₹244.29 lakh, driven largely by a reduction in other expenses.

What the Numbers Show

The divergence between rising interest income and falling total revenue highlights a structural shift in earnings mix. Interest income grew by ₹15.33 lakh, yet total revenue declined because rental income contracted by nearly ₹49 lakh. Furthermore, other income plummeted by over 60%, indicating that the bottom-line decline was not solely operational but also driven by lower non-core receipts.

Board and Governance

Mrs. Rashmi Dabriwal, who retires by rotation, seeks re-appointment as a director. She has served since February 2014 and brings experience in corporate banking and real estate. The Board did not recommend any dividend for FY26, citing requirements for day-to-day operations and proposed diversification.

The company voluntarily delisted from the Calcutta Stock Exchange in August 2025 and remains listed only on the BSE. The AGM will be held via video conferencing, with remote e-voting available from September 25 to September 27, 2026.