Interactive Financial has announced a significant change in the allocation of its rights issue proceeds, following shareholder approval in an Extraordinary General Meeting (EGM) held on September 25, 2025. The company has decided to reallocate ₹304.50 lakhs, originally earmarked for setting up office space, towards strengthening its net worth.

Reallocation Details

The deviation from the original plan occurred after the company's registered sale agreement for immovable properties at the 3rd Eye Vision project was cancelled during the quarter ended September 30, 2025. The funds, initially part of Object No. 2 in the Letter of Offer for "Setting up of Office Space," will now be utilized to bolster the company's financial position.

Shareholder Approval and Audit Committee Review

The reallocation of funds was approved by shareholders in the EGM, demonstrating their support for the company's strategic decision. The Audit Committee has also reviewed and approved this deviation, ensuring proper corporate governance procedures were followed.

Financial Impact

To provide a clear picture of the fund reallocation, here's a breakdown of the revised fund utilization:

Management Commentary

Pradip Sandhir, Managing Director of Interactive Financial Services Limited, stated, "This strategic reallocation of funds will allow us to strengthen our financial position, which is crucial in the current economic environment. We believe this decision is in the best interest of our shareholders and will contribute to the long-term stability and growth of the company."

Auditor's Remarks

The company's auditors have noted that the cancellation deed for the immovable properties at the 3rd Eye Vision project was executed after the period ending but before the declaration of results. Consequently, any expenses related to this transaction have been accounted for at the time of the cancellation deed's execution.

Conclusion

This reallocation of funds represents a significant shift in Interactive Financial's capital utilization strategy. By strengthening its net worth, the company aims to enhance its financial stability and potentially improve its market position. Shareholders and potential investors should closely monitor how this change impacts the company's financial performance and growth prospects in the coming quarters.

Interactive Financial has announced its unaudited financial results for the quarter and half year ended September 30, 2025, showcasing robust financial performance.

Key Financial Highlights

The company's Board of Directors approved the results during a meeting held on November 14, 2025. Here are the key financial metrics for the half-year period:

Financial Position

Interactive Financial demonstrated a strong financial position as of September 30, 2025. The company's total assets stood at Rs. 3,370.83 lakhs, indicating a substantial resource base for its operations and future growth.

Profitability

For the half-year period, the company reported a net profit before taxation of Rs. 234.07 lakhs. This figure suggests a healthy profit margin and efficient operations during the period under review.

Regulatory Compliance

In line with its commitment to transparency and regulatory compliance, Interactive Financial promptly submitted its financial results to the BSE Limited. The company's script code is 539692, and it is listed under the ISIN INE064T01018.

Management Statement

The financial results were digitally signed by Mr. Pradip Sandhir, the Managing Director of Interactive Financial, underlining the management's confidence in the reported figures.

While these results paint a positive picture of the company's financial health, investors and stakeholders are advised to consider that these are unaudited figures for the half-year period. The full-year audited results may provide a more comprehensive view of the company's financial performance and position.

Interactive Financial continues to operate from its registered office at Office No. 508, Fifth Floor, Priviera, Nehru Nagar, Ahmedabad - 380 015, Gujarat, India. The company holds the SEBI Registration Number INM000012856, affirming its status as a regulated financial services provider.

As the financial services sector navigates through evolving market conditions, Interactive Financial's performance in the coming quarters will be closely watched by investors and industry analysts alike.