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 filed mandatory regulatory disclosures under SEBI regulations.

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.

SEBI Regulatory Disclosure

PMC Fincorp Limited filed a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the substantial acquisition by Stellant Securities (India) Limited and Subhash Phootarmal Rathod, who are acting in concert.

The warrants are fully convertible at an issue price of ₹2.62 per equity share, including a premium of ₹1.62 per equity share, with a face value of ₹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 financial markets operations, audit & assurance, investment management, proprietary trading, and debt syndication. Arora's core competencies include financial markets operations, regulatory compliance, corporate governance, and strategic capital allocation.

Capital Structure Impact

The warrant allotment significantly impacts PMC Fincorp's capital structure:

The company confirmed compliance with all regulatory requirements under SEBI LODR regulations. The board meeting was conducted on February 17, 2026, commencing at 3:30 PM and concluding at 4:20 PM.

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.