LKP Finance Limited has issued a comprehensive postal ballot notice dated February 12, 2026, seeking shareholder approval for a significant corporate restructuring initiative. The company proposes to change its name from "LKP Finance Limited" to "Gyftr Limited," marking a strategic shift in its corporate identity.

Postal Ballot Process and Timeline

The e-voting process has been structured with specific timelines to ensure maximum shareholder participation:

The company has engaged Central Depository Services (India) Limited (CDSL) to provide e-voting facilities to shareholders. Only shareholders whose names appear in the Register of Members or Beneficial Owners as on the cut-off date will be eligible to participate in the voting process.

Proposed Resolution Details

The postal ballot seeks approval for a special resolution to change the company name and make consequent alterations to the Memorandum of Association and Articles of Association. The resolution specifically addresses:

• Change of company name from "LKP Finance Limited" to "Gyftr Limited"
• Alteration of the Name Clause in the Memorandum of Association
• Modification of Articles of Association to reflect the new company name
• Substitution of the old name with the new name in all company documents and records

Regulatory Compliance and Approvals

The company has obtained a name availability letter dated February 03, 2026, from the Registrar of Companies, Central Registration Centre, indicating no objection to the proposed name change. The Board of Directors approved this initiative on October 25, 2025, subject to shareholder approval and requisite statutory approvals.

A practicing chartered accountant has issued a certificate confirming compliance with Regulation 45 of the SEBI Listing Regulations. The certificate validates that:

E-voting Process and Shareholder Communication

In accordance with Ministry of Corporate Affairs circulars, the postal ballot notice is being distributed exclusively through electronic mode. Shareholders holding shares in dematerialized form should ensure their email addresses are registered with their respective Depository Participants, while those holding physical shares should update their details with Adroit Corporate Services Private Limited, the company's Registrar and Share Transfer Agent.

The company has provided comprehensive instructions for e-voting through both CDSL and NSDL platforms, ensuring accessibility for all eligible shareholders. Technical support is available through dedicated helpdesk services for any voting-related queries.

Corporate Impact and Stakeholder Considerations

The management has clarified that the proposed name change will not affect the company's legal status, constitution, operations, or stakeholder rights. No changes are proposed to the company's objects, and the initiative is purely focused on corporate rebranding. The Board recommends approval of the special resolution, noting that no directors or key managerial personnel have any financial interest in the proposal beyond their shareholding capacity.

LKP Finance Limited has reported its unaudited financial results for the third quarter ended December 31, 2025, marking a significant turnaround in profitability alongside a strategic business transformation from traditional NBFC operations to the digital gifting sector.

Financial Performance Overview

The company delivered strong quarterly results with notable improvements across key metrics:

For the nine-month period ended December 31, 2025, the company reported a net profit of ₹1,563.89 lakh compared to ₹1,686.90 lakh in the corresponding previous period, with total income reaching ₹13,288.86 lakh.

Business Transformation and Revenue Composition

LKP Finance has successfully transitioned from its traditional NBFC operations to become a player in the digital and physical gifting sector. The company's revenue composition for the quarter reflects this strategic shift:

The company altered its Object Clause of the Memorandum of Association following member approval on November 28, 2025, and Registrar of Companies approval on December 8, 2025. It now operates in developing and managing platforms for gift cards, vouchers, loyalty programs, and related services.

Significant Financial Events

During Q3FY26, the company wrote back an outstanding loan liability of ₹2,122.40 lakh payable to Kingfisher Finvest India Limited, which had been appearing in financial statements for over twelve years. This write-back was recognized as "Other Income" based on management's assessment that the liability was no longer payable, though the matter remains pending before the Debt Recovery Appellate Tribunal (DRAT), Chennai.

NBFC License Surrender and Regulatory Compliance

The company has initiated the surrender process for its NBFC Certificate of Registration with the Reserve Bank of India, having submitted the application on October 29, 2025. The auditors noted that financial activity is no longer the principal business, and the Principal Business Criteria (50-50 test) prescribed for NBFCs has not been complied with during the year.

Capital Structure and Rights Issue

LKP Finance completed a rights issue on October 11, 2025, allotting 2,793,027 equity shares of face value ₹10 each at an issue price of ₹450 per share. The paid-up equity share capital increased to ₹1,536.17 lakh from ₹1,256.86 lakh in the previous year.

Consolidated Results and Associate Investment

The company prepared consolidated financial results for the first time, following its acquisition of a 20.94% equity stake in Muffinpay Payment Solutions Private Limited on December 12, 2025. The consolidated net profit for Q3FY26 stood at ₹591.02 lakh, with the associate contributing a share of profit of ₹0.55 lakh.

Auditor Observations

The statutory auditors issued a qualified opinion regarding the Kingfisher-related borrowings matter, noting uncertainty associated with pending litigation. They emphasized the company's business transformation in their "Emphasis of Matter" section, highlighting the shift from NBFC operations to gift voucher business.