FMEC International Financial Services Schedules EGM for Capital Increase and Name Change to Dhvija Finance Limited

F Mec International Financial Services Limited has announced plans to increase its authorized share capital and scheduled an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for several key matters.

Authorized Share Capital Increase

The Board of Directors of F Mec International Financial Services has approved a significant increase in the company's authorized share capital. The proposed changes are as follows:

Aspect	Current	Proposed
Authorized Share Capital	Rs. 10.00 crore	Rs. 15.00 crore
Number of Equity Shares	1.00 crore	1.50 crore
Face Value per Share	Rs. 10.00	Rs. 10.00

This increase will be achieved by creating 50 lakh new equity shares of Rs. 10.00 each, which will rank pari-passu with the existing shares of the company.

Extra-Ordinary General Meeting

F Mec International Financial Services has scheduled an EGM for December 18, 2025, at 12:30 PM, to be held through Video Conferencing / Other Audio-Visual Means. The key agenda items for the EGM include:

Approval of the increase in authorized share capital from Rs. 10 crore to Rs. 15 crore and subsequent alteration of the Capital Clause in the Memorandum of Association.
Consideration of a change in the company's name to Dhvija Finance Limited and related alterations to the Memorandum of Association.
Appointment of Ms. Pallavi Shukla (DIN: 11340399) as a Non-Executive Independent Director.

E-voting Details

To facilitate shareholder participation, the company has made the following arrangements:

Cut-off Date: December 12, 2025, for determining eligibility for e-voting
E-voting Period: December 15-17, 2025
E-voting Service Provider: National Securities Depository Limited (NSDL)

The company will publish and communicate the EGM notice and other related information as required by the Companies Act, 2013, and SEBI Listing Regulations, 2015.

Investors and stakeholders are advised to monitor the company's website ( https://fmecinternational.com/ ) for further updates and detailed information regarding the EGM and proposed changes.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-1.58%	-8.48%	-9.92%	+43.33%	+2,878.14%

F Mec International Financial Services Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company, primarily engaged in financing business, reported a mixed performance with growth in revenue but a decline in profitability compared to the same period last year.

Financial Highlights

Particulars (Rs. in lakhs)	Q2 FY26	Q2 FY25	YoY Change	H1 FY26	H1 FY25	YoY Change
Total Revenue from Operations	217.68	168.92	+28.86%	415.09	314.39	+32.03%
Profit Before Tax	52.03	75.39	-30.99%	95.93	120.20	-20.19%
Profit After Tax	38.92	56.42	-31.02%	71.77	89.95	-20.21%

The company's total revenue from operations for Q2 FY26 stood at Rs. 217.68 lakhs, marking a significant increase of 28.86% compared to Rs. 168.92 lakhs in Q2 FY25. For the half-year, revenue grew by 32.03% to Rs. 415.09 lakhs.

Despite the revenue growth, F Mec International Financial Services experienced a decline in profitability. The profit after tax for Q2 FY26 decreased by 31.02% to Rs. 38.92 lakhs, down from Rs. 56.42 lakhs in the corresponding quarter of the previous year. Similarly, for the half-year period, profit after tax stood at Rs. 71.77 lakhs, a 20.21% decrease from Rs. 89.95 lakhs in H1 FY25.

Operational Performance

The company's core business of financing showed robust growth, with loans and advances totaling Rs. 2,580.25 lakhs as of September 30, 2025. This represents an increase from Rs. 2,377.59 lakhs reported at the end of the previous financial year (March 31, 2025), indicating continued expansion in the company's lending activities.

Board Decisions and Future Plans

In a significant development, the Board of Directors has decided to defer decisions on two key matters:

Increasing the authorized share capital of the company
Issuing equity shares on a rights basis

The Board stated that these matters require further deliberations before a final decision can be made. This cautious approach suggests that the company is carefully evaluating its capital structure and funding options in the current market environment.

Management Commentary

Apoorve Bansal, Managing Director of F Mec International Financial Services Limited, commented on the results, stating, "While we are pleased with the strong growth in our revenue, we acknowledge the challenges that have impacted our profitability this quarter. Our focus remains on sustainable growth and maintaining a strong financial position. The decision to defer the capital increase and rights issue plans reflects our commitment to thorough evaluation and prudent decision-making in the best interest of our stakeholders."

Conclusion

F Mec International Financial Services Limited's Q2 FY26 results present a mixed picture, with strong revenue growth offset by reduced profitability. The company's core financing business continues to expand, as evidenced by the growth in loans and advances. However, the deferral of decisions regarding capital increase and rights issue indicates a cautious approach to future growth and capital management.

The company's performance in the second half of the fiscal year will be crucial in determining whether it can improve its profitability while maintaining its revenue growth trajectory.