Comfort Fincap Limited's promoter group entity, Luharuka Sales & Services Private Limited, has increased its shareholding in the company through a series of open market transactions. The acquisitions took place between September 12-19, 2025, resulting in a notable increase in Luharuka's stake.

Acquisition Details

Luharuka Sales & Services acquired a total of 2,06,234 equity shares of Comfort Fincap Limited across six trading sessions. The purchases were made as follows:

The largest single-day purchase occurred on September 15, 2025, with the acquisition of 68,735 shares.

Shareholding Impact

As a result of these transactions, Luharuka Sales & Services' shareholding in Comfort Fincap Limited has increased significantly:

• Previous shareholding: 49,52,865 shares (5.66% of total share capital)
• New shareholding: 51,59,099 shares (5.88% of total share capital)

This represents a net increase of 0.22 percentage points in Luharuka's ownership stake.

Company Information

Comfort Fincap Limited has an equity share capital comprising 8,75,06,500 shares with a face value of Rs. 2 each. The company's registered office is located at 22, Camac Street, Block B, Kolkata, West Bengal - 700016.

Regulatory Compliance

The disclosure of this acquisition was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Luharuka Sales & Services Private Limited, as part of the promoter group, filed the necessary documentation with both BSE Limited and Comfort Fincap Limited.

Comfort Fincap Limited , a non-deposit taking Non-Banking Financial Company (NBFC-ND), has reported a robust financial performance for the second quarter, with significant growth in profit and interest income. The company also announced key dates for its upcoming Annual General Meeting (AGM) and dividend distribution.

Financial Highlights

Comfort Fincap's profit after tax for Q2 stood at Rs 266.53 crore, representing a substantial 38% increase from Rs 192.49 crore in the same quarter last year. This growth was primarily driven by a strong rise in interest income, which reached Rs 382.96 crore, up from Rs 297.70 crore year-over-year, marking a 28.64% increase.

The company's total income for the quarter grew by 8.82% year-on-year to Rs 436.99 crore, compared to Rs 401.58 crore in the previous year's Q2. Profit before tax (PBT) also saw a healthy increase of 18.01%, rising to Rs 317.26 crore from Rs 268.84 crore in the previous year.

Notably, Comfort Fincap demonstrated improved operational efficiency, with total expenditure declining to Rs 119.72 crore, down from Rs 132.74 crore in the previous year's Q2.

Key Financial Metrics

Dividend Announcement and AGM Details

The Board of Directors has approved a final dividend of Rs 0.10 per equity share (face value Rs 2 each), which is equivalent to 5% of the paid-up equity share capital for the financial year. The dividend is subject to shareholder approval at the upcoming AGM.

Key dates announced by the company include:

• AGM Date: Friday, September 12
• AGM Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
• Record Date: Friday, September 5 (for dividend eligibility and voting rights)

Shareholders holding shares as of the close of business hours on September 5 will be eligible to receive the final dividend and participate in e-voting for the AGM.

Other Board Approvals

The Board of Directors also approved:

1. An increase in the borrowing power limit, subject to shareholder approval at the AGM.
2. Seeking shareholder approval to raise funds through private placement of securities.

Management Commentary

Ankur Agrawal, Chairperson and Director of Comfort Fincap Limited, commented on the results: "The upcoming financial year marks a period of meaningful progress for Comfort Fincap, strengthening our position as a trusted credit partner. We remain dedicated to expanding our impact through disciplined growth, continuous innovation, and an unwavering commitment to our customers."

Company Overview

Comfort Fincap Limited is registered with the RBI as an NBFC-Investment and Credit Company (NBFC-ICC). The company focuses on providing inter-corporate loans, personal loans, loans against shares & securities, loans against properties, trade financing, bills discounting, and trading in shares & securities. Comfort Fincap positions itself between the organized banking sector and local money lenders, offering competitive, flexible, and timely lending services to its customers.

The strong Q2 results and strategic initiatives announced by Comfort Fincap Limited indicate the company's continued focus on growth and shareholder value creation in the evolving financial services landscape.