Usha Financial Services Limited convened its 1st Extraordinary General Meeting (EGM) for the financial year 2026-27 on Friday, May 15, 2026, at 04:00 P.M. IST. The meeting was held through Video Conferencing (VC) and Other Audio-Visual Means (OAVM), with the deemed venue being the company's registered office at Plot No. 73, First Floor, Patparganj Industrial Area, Delhi-110092. The proceedings were conducted in compliance with the Ministry of Corporate Affairs General Circular No. 09/2024 dated 19th September, 2024, applicable provisions of the Companies Act, 2013, and circulars issued by the Securities and Exchange Board of India.

Meeting Attendance

A total of 32 members participated through Video Conferencing, comprising 12 promoters and 20 public shareholders. The meeting was chaired by Mr. Rajesh Gupta, Chairman cum Managing Director. The following directors, key managerial personnel, and auditor representatives were present:

Directors and KMPs Present:

• Mr. Rajesh Gupta, Chairman cum Managing Director
• Mrs. Geeta Goswami, CEO & Director
• Mrs. Nupur Gupta, Non-Executive Director
• Mr. Nitesh Kumar Jha, Additional Independent Director
• Mr. Pankaj Jain, Independent Director
• Mrs. Nimisha Jain, Independent Director
• Ms. Kritika, Company Secretary and Compliance Officer

Auditors and Other Attendees Present:

• Mr. Rajeev Kumar Gupta, representing M/s Rajeev Shagun Gupta & Co., Statutory Auditors
• Ms. Priya Binani, representing M/s Priya Binani & Associates, Secretarial Auditors
• Mr. Madan Mohan Gupta, Finance Advisor
• Mr. Mohit Singhal, Scrutinizer for the meeting

Chairpersons of the Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, and Stakeholders Relationship Committee were also in attendance.

E-Voting and Procedural Highlights

Ms. Kritika, Company Secretary and Compliance Officer, confirmed the presence of requisite quorum and called the meeting to order. Members were informed that remote e-voting was facilitated through the National Securities Depository Limited (NSDL) e-Voting system for eligible members as on the cut-off date of 08th May, 2026. The remote e-voting window was open from 12th May, 2026 at 09:00 A.M. to 14th May, 2026 at 05:00 P.M. Additionally, an e-voting facility was made available during the EGM for members present via VC/OAVM who had not cast their votes through remote e-voting. The e-voting window was kept open for an additional 15 minutes at the conclusion of the formal proceedings.

Agenda Items Considered

Nine items of business, as set forth in the Notice of EGM, were taken up during the meeting. The following table summarises the resolutions considered:

Conclusion of Meeting

The EGM commenced at 04:10 P.M. IST and concluded at 4:40 P.M. IST, including the 15-minute window allowed for members to cast their votes. Since no registered speaker shareholders were present, the interactive session was concluded without further discussion. The Company Secretary informed members that the scrutinizer's final report and voting results would be announced within 2 working days of the conclusion of the meeting. The results are to be displayed on the company's website at www.ushafinancial.com , on the NSDL website, and disseminated to the National Stock Exchange of India Limited. The proceedings were submitted to the exchange pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Usha Financial Services has set a crucial deadline for investors looking to capitalize on its upcoming bonus share issue. The company has announced that Monday will be the final trading day for investors to purchase shares and qualify for the generous 1:1 bonus issue.

Key Dates for Investors

Bonus Issue Details

The company is offering a 1:1 bonus issue, which means shareholders will receive one additional share for every existing share they hold as of the record date, at no extra cost. This move effectively doubles the shareholding for existing investors without any additional investment on their part.

For example:

• An investor holding 100 shares will receive 100 additional bonus shares
• Their total shareholding will increase to 200 shares post-bonus issue

Impact and Implications

The bonus issue is designed to reward existing shareholders and is expected to have several effects:

1. Increased Shareholding: Investors will see their number of shares double without any additional cost.

2. Improved Liquidity: The increased number of shares in circulation is likely to enhance the stock's liquidity in the market.

3. Market Price Adjustment: While the number of shares will increase, the market price typically adjusts downward proportionally to reflect the increased share count. This adjustment maintains the overall investment value for shareholders.

4. No Change in Company Valuation: It's important to note that a bonus issue doesn't change the fundamental value of the company. It simply redistributes the existing value across a larger number of shares.

Investors interested in participating in this bonus issue should ensure they complete their share purchases by the end of Monday's trading session. Those who are listed as shareholders on the record date of August 19 will be eligible to receive the bonus shares.

This corporate action by Usha Financial Services demonstrates the company's commitment to creating value for its shareholders and potentially attracting new investors through improved stock liquidity.