MFS Intercorp Limited has secured in-principle approval from BSE Limited for its planned fundraising through preferential warrant issuance. The company announced this development through a regulatory filing dated 20.02.2026, marking a significant step forward in its capital raising initiative.

BSE Approval Details

The stock exchange granted its approval through a letter dated 19.02.2026, authorizing the company to proceed with raising funds through the issuance of warrants on a preferential basis. This approval represents a crucial regulatory milestone for the company's fundraising plans.

Regulatory Compliance Framework

The approval follows MFS Intercorp's systematic approach to regulatory compliance. The company had previously submitted necessary documentation on 29.01.2026, followed by a corrigendum dated 16.02.2026. These submissions were made in adherence to applicable provisions under multiple regulatory frameworks.

The fundraising initiative is being conducted in compliance with:

• Companies Act, 2013
• Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
• SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

Company Information

MFS Intercorp Limited operates with its registered office located at Office No.5, 1st Floor BLK B, PKT 3, Se 34, Rohini, New Delhi 110042. The company maintains its corporate office at 109 First Floor, Arista, Bodakdev, Ahmedabad, Gujarat, India, 380054. The regulatory filing was signed by Director Kiran Vishwakarma (DIN: 10526319) from the company's Ahmedabad location.

The in-principle approval from BSE represents an important step in the company's capital raising process, enabling it to move forward with the preferential warrant issuance subject to fulfilling remaining regulatory requirements.

MFS Intercorp Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company's Board of Directors approved these results during a meeting held on February 13, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

Q3 FY26 Financial Performance

The company reported challenging financial performance during the third quarter of FY26. MFS Intercorp recorded no revenue from operations, marking a significant decline from ₹5.84 lakhs reported in Q3 FY25. The company's only income source was other income of ₹0.04 lakhs, resulting in total income of ₹0.04 lakhs for the quarter.

Expense Analysis

Total expenses for Q3 FY26 increased to ₹9.95 lakhs from ₹6.72 lakhs in the corresponding quarter of the previous year. The primary expense components included employee benefits expenses of ₹9.56 lakhs, significantly higher than ₹2.49 lakhs in Q3 FY25. Other expenses amounted to ₹0.39 lakhs compared to ₹4.23 lakhs in the previous year quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, MFS Intercorp's financial performance showed deterioration compared to the previous year. The company reported no revenue from operations during this period, compared to ₹21.90 lakhs in the corresponding nine-month period of FY25.

Earnings Per Share Impact

The company's earnings per share (EPS) reflected the challenging financial performance. Basic and diluted EPS for Q3 FY26 stood at -₹0.23 compared to -₹0.02 in Q3 FY25. For the nine-month period, EPS declined to -₹0.65 from a positive ₹0.003 in the corresponding period of the previous year.

Regulatory Compliance and Auditor Review

The financial results were reviewed and recommended by the Audit Committee before Board approval. H. G. Sarvaiya & Co., Chartered Accountants, conducted a limited review of the unaudited standalone financial results. The auditors confirmed that the results comply with Indian Accounting Standards and SEBI regulations, with no material misstatements identified during their review process.

The company operates primarily in trading of goods as a single business segment, and the results were prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015.