PMC Fincorp Limited announced major corporate developments on February 17, 2026, including a substantial warrant allotment and key leadership appointment. The company's board approved the allotment of 9,00,00,000 fully convertible warrants worth ₹23.58 crores to non-promoter entities and the appointment of a new Executive Director.

Warrant Allotment Details

The board approved the allotment of 9,00,00,000 fully convertible warrants at an issue price of ₹2.62 per warrant on a preferential basis to six non-promoter entities for an aggregate amount of ₹23.58 crores.

Following this allotment, the company's paid-up equity share capital on a fully diluted basis increased to ₹80,20,81,600, comprising 80,20,81,600 equity shares of face value Re. 1 each.

Executive Director Appointment

Based on the recommendation of the Nomination and Remuneration Committee, the board unanimously approved the appointment of Puneet Arora (DIN: 03056312) as Additional Director designated as Executive Director, effective February 17, 2026.

Professional Background

Puneet Arora brings over sixteen years of diverse experience as a seasoned Chartered Accountant and finance professional. His expertise spans multiple areas including:

• Financial Markets: Equity trading, capital markets operations, and portfolio structuring
• Audit & Assurance: Financial reporting, internal controls, and statutory compliance
• Investment Management: Active involvement in Alternative Investment Fund (AIF) structures
• Proprietary Trading: Shareholder in proprietary broking entity
• Debt Syndication: Structuring and arranging debt financing solutions for corporate clients

Arora's core competencies include financial markets operations, regulatory compliance, corporate governance, and strategic capital allocation. His diversified sector exposure is expected to enhance the company's structured growth planning and governance excellence.

Regulatory Compliance

The company confirmed that Puneet Arora is not debarred from accessing capital markets or restrained from holding director positions by SEBI or any other regulatory authority. The appointment follows all regulatory requirements under SEBI LODR regulations and related circulars.

The board meeting was conducted on February 17, 2026, commencing at 3:30 PM and concluding at 4:20 PM, with all decisions made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

PMC Fincorp Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showing a notable decline in profitability compared to previous periods. The Board of Directors approved these results during a meeting held on February 14, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 reflects significant challenges, with key metrics showing substantial declines across multiple parameters.

Revenue Analysis

The company's revenue composition for Q3FY26 showed mixed performance across different income streams. Interest income, the primary revenue source, declined to ₹464.94 lakhs from ₹479.19 lakhs in the previous quarter. Other significant contributors included net gain on fair value changes of ₹15.47 lakhs and other income of ₹12.70 lakhs.

Nine-Month Performance

For the nine months ended December 31, 2025, PMC Fincorp's performance showed a contrasting trend compared to the corresponding period last year.

Expense Management

Total expenses for Q3FY26 increased significantly to ₹394.06 lakhs compared to ₹241.52 lakhs in Q2FY26. The major expense components included finance costs of ₹88.18 lakhs, employee benefits expense of ₹28.70 lakhs, and other expenses of ₹79.62 lakhs. Notably, the company reported a loss on sale of investments amounting to ₹195.90 lakhs during the quarter.

Key Financial Ratios

The company maintained stable financial ratios despite the profit decline:

Corporate Governance

The financial results underwent a limited review by the company's statutory auditors, M/s Sunil K. Gupta & Associates. The audit committee reviewed and the Board of Directors approved these results in compliance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The board meeting commenced at 01:00 P.M. IST and concluded at 01:40 P.M. IST on February 14, 2026.

The company has made these financial results available on its website at www.pmcfincorp.com and will also be accessible through the BSE website, ensuring transparency and accessibility for stakeholders and investors.