Ushakiran Finance Limited has announced the schedule for its 40th Annual General Meeting (AGM), setting the event for Tuesday, September 29, 2026, at 1:00 P.M. IST. The meeting will be conducted via video conference or other audio-visual means (VC/OAVM), allowing shareholders to participate remotely without physical presence. This virtual format ensures broader accessibility for investors while maintaining regulatory compliance for corporate governance proceedings.

To determine the list of eligible shareholders for voting, the company will close its Register of Members and Share Transfer Books from Wednesday, September 23, 2026, to Tuesday, September 29, 2026, both days inclusive. During this period, no transfer of shares will be processed. The cut-off date for determining eligibility to vote via electronic means is set for Monday, September 22, 2026. Shareholders must hold demat accounts with Central Depository Services (India) Limited (CDSL) to participate in the e-voting process, as National Securities Depository Limited (NSDL) is not listed as a service provider for this specific meeting.

Key Dates and Schedule

The following table outlines the critical timelines for shareholders to ensure timely participation in the 40th AGM:

Shareholders are advised to note that the e-voting window is open for three days, starting Saturday, September 26, 2026, and closing on Monday, September 28, 2026. Votes cast after the specified deadline will not be counted. The company has designated CDSL as the exclusive e-voting service provider for this annual general meeting.

Corporate Governance and Compliance

The intimation regarding the book closure and e-voting schedule was submitted to the Department of Corporate Services at BSE Limited on August 3, 2026. Sanjana Jain, Company Secretary of Ushakiran Finance Limited, digitally signed the communication, confirming the details for regulatory record. The notice was also copied to The Venture Capital & Corporate Investments Pvt Ltd, National Securities Depository Limited, and Central Depository Services (India) Limited to ensure all relevant market intermediaries are informed of the upcoming corporate action.

What This Means for Investors

For retail and institutional investors, the primary action required is to verify their shareholding status as of September 22, 2026. Only those holding shares in CDSL-linked demat accounts on this date will be eligible to vote electronically. The short window for e-voting—just two full days—requires prompt action from shareholders who wish to exercise their voting rights on agenda items likely to include financial results, director appointments, and auditor remuneration. Failure to vote within the stipulated timeframe will result in the loss of voting privilege for this specific AGM cycle.

Ushakiran Finance reported a net loss of ₹4.36 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹24.38 lakh recorded in the previous year. The company's total income for FY26 decreased to ₹47.23 lakh from ₹55.40 lakh in FY25, primarily impacted by a drop in other income and fair value gains. The board of directors approved the audited financial results during a meeting held on May 29, 2026.

The statutory auditors, M/s. NSVR & Associates LLP, issued an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The audit confirmed that the financial statements present a true and fair view in conformity with Indian Accounting Standards. The company also appointed M/s. CRK & Associates as internal auditors for the financial year 2026-2027, following the decision of the previous internal auditors not to seek reappointment.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net loss of ₹8.75 lakh, compared to a loss of ₹5.54 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹6.43 lakh, while total expenses rose to ₹18.46 lakh. The basic and diluted earnings per share (EPS) for the quarter were reported at a loss of ₹0.34.

Key Financial Metrics (FY26 vs FY25)

Balance Sheet Highlights

The company's total assets as of March 31, 2026, stood at ₹1,353.77 lakh, a decrease from ₹1,684.11 lakh in the previous year. Investments constituted the largest portion of financial assets at ₹1,217.42 lakh, down from ₹1,569.91 lakh in FY25. Equity share capital remained constant at ₹274.71 lakh, while other equity decreased to ₹1,076.87 lakh from ₹1,375.65 lakh.

The board also confirmed that certain regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding debt instruments and non-convertible instruments, are not applicable to the company as it does not hold such securities. The financial results are available on the BSE website and the company's official website.