FMEC International Shareholders Approve Capital Increase and Name Change in EGM

F Mec International Financial Services Limited has successfully concluded its Extra-Ordinary General Meeting (EGM) with shareholders approving all proposed resolutions, including the increase in authorized share capital and name change to Dhvija Finance Limited.

EGM Voting Results

The EGM was conducted on December 18, 2025, through video conferencing, with voting results announced on December 20, 2025. All three special resolutions were passed with overwhelming shareholder support:

Resolution Details:	Voting Outcome
Total Shareholders on Cut-off Date:	1,256
Voting Period:	December 15-17, 2025
E-voting Provider:	National Securities Depository Limited (NSDL)
Resolution Status:	All Passed

Authorized Share Capital Increase Approved

Shareholders unanimously approved the increase in authorized share capital with 100.00% votes in favor. The approved changes are:

Capital Structure:	Current	Approved
Authorized Share Capital:	₹10.00 crore	₹15.00 crore
Number of Equity Shares:	1.00 crore	1.50 crore
Face Value per Share:	₹10.00	₹10.00

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

Name Change and Director Appointment

Shareholders also approved the company's name change to Dhvija Finance Limited and the appointment of Ms. Pallavi Shukla (DIN: 11340399) as a Non-Executive Independent Director. Both resolutions received 100.00% approval from voting shareholders.

Voting Participation Details

The voting saw participation from both promoter and public categories:

Voting Category:	Shares Voted	Participation Rate
Promoter and Promoter Group:	32,81,739 shares	100.00% in favor
Public Non-Institutional:	14,25,432 shares	25.40% of held shares
Total Votes Polled:	47,07,171 shares	52.94% of outstanding shares

The scrutinizer's report was prepared by A.K. Verma & Co., Practicing Company Secretaries, confirming the validity of the voting process conducted through NSDL's e-voting platform. The company has updated its website and informed BSE Limited about the voting outcomes as required under SEBI (LODR) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.16%	-3.74%	-1.21%	+5.18%	+41.41%	+2,923.22%

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.