Elcid Investments Limited has announced a postal ballot for shareholders to vote on the alteration of the Main Objects Clause of its Memorandum of Association (MOA). The company issued the notice on January 28, 2026, seeking approval for amendments that will align its corporate structure with Type-I NBFC-ND (Non-Banking Financial Company - Non-Deposit taking) activities.

Postal Ballot Schedule and Process

The remote e-voting process will be conducted exclusively through electronic means, with no physical postal ballot forms being distributed to shareholders. The voting schedule and key dates are outlined below:

The company has engaged Central Depository Services (India) Limited (CDSL) as the service provider for the remote e-voting facility. Mrs. Ruchi Kotak (FCS: 9155), Proprietor of M/s Ruchi Kotak & Associates, Company Secretaries, has been appointed as the Scrutinizer to conduct the voting process in a fair and transparent manner.

Proposed Amendment Details

The special resolution seeks to alter the Main Objects Clause III(A)2 of the company's Memorandum of Association. The proposed new clause will read:

"To invest, buy, sell, deal, hold, invest, disinvest, exchange and surrender stocks, shares, securities, scrips, derivatives, debt instruments, bonds, debentures, policies, book debts, and claims and commercial papers, government or commercial security or any other financial investment instruments of any Company, banks whether government or non-government, public or private or any local authority whether in India or abroad."

Regulatory Compliance Background

The amendment is necessitated by the company's receipt of Type-I NBFC-ND category Certificate from the Department of Regulation, Reserve Bank of India on September 17, 2025. The RBI certificate conditions require modification of the company's Corporate Identification Number (CIN) to reflect investment activities as the main line of business.

The Board of Directors approved this alteration at their meeting held on January 28, 2026, clarifying that:

• The company's principal business will remain unchanged
• The amendment aligns with existing investment activities
• The company operates purely as an investment entity without lending/borrowing transactions
• No customer relations or customer interface exists
• No mortgages or charges are held against any entities

Shareholder Voting Eligibility

Shareholders whose names appear in the Register of Members or the list of Beneficial Owners maintained by depositories as on the cut-off date of January 27, 2026, will be eligible to vote. The notice has been sent electronically to members whose email addresses are registered with the company or depositories, in compliance with MCA General Circular No. 03/2025 dated September 22, 2025.

Results and Communication

The voting results will be declared within two working days from the conclusion of the remote e-voting process. Results will be communicated to BSE Limited where the company's shares are listed (Scrip Code: 503681) and made available on the company's website at www.elcidinvestments.com and CDSL's website at www.evotingindia.com .

The resolution, if passed with requisite majority, will be deemed to have been passed on March 04, 2026, the last date of e-voting. The Board recommends the resolution for approval by shareholders through special resolution, emphasizing that the amendment is procedural and regulatory in nature to ensure continued validity of the NBFC registration granted by RBI.

ELCID Investments Limited announced its unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025, showcasing a remarkable turnaround in profitability. The Board of Directors approved these results during their meeting held on January 28, 2026.

Standalone Financial Performance

The company demonstrated strong financial performance in Q3 FY26 with significant improvements across key metrics:

The revenue composition included dividend income of ₹1,279.22 lakhs, interest income of ₹16.77 lakhs, and net gain on fair value changes of ₹2,355.00 lakhs. For the nine months ended December 31, 2025, the company reported standalone net profit of ₹9,496.39 lakhs compared to ₹11,426.41 lakhs in the corresponding period of the previous year.

Consolidated Results Show Strong Growth

On a consolidated basis, ELCID Investments delivered exceptional performance with substantial year-over-year improvements:

The consolidated results include the financial performance of subsidiaries Murahar Investments and Trading Company Limited and Suptaswar Investments and Trading Company Limited, both 100% owned subsidiaries.

Balance Sheet Strength

The company's financial position remained robust as of December 31, 2025:

Standalone Assets:

• Total Assets: ₹869,272.96 lakhs (vs ₹736,746.50 lakhs as of March 31, 2025)
• Investments: ₹865,705.83 lakhs
• Cash and Cash Equivalents: ₹172.29 lakhs

Consolidated Assets:

• Total Assets: ₹1,252,409.32 lakhs (vs ₹1,060,738.54 lakhs as of March 31, 2025)
• Other Financial Assets: ₹1,248,005.60 lakhs

Corporate Governance and Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The results were reviewed by the Audit Committee before Board approval and have been subject to limited review by V. K. Beswal & Associates, Chartered Accountants.

As a Non Banking Financial Company, ELCID Investments focuses primarily on investment activities and operates with no separate reporting segments under Ind AS 108 "Operating Segment". The company maintains its registered office at Shah Nahar Industrial Estate, Worli, Mumbai, and is led by Chairman Varun Vakil.