FYNX Capital Limited (formerly known as Rajath Finance Limited) has released detailed voting results from its Extraordinary General Meeting held on December 11, 2025, showing unanimous approval for all nine proposed resolutions. The company filed comprehensive voting results and scrutinizer reports with BSE Limited on December 13, 2025, demonstrating strong shareholder support for key corporate actions.

EGM Overview and Participation

The EGM was conducted at the company's registered office at 1001, 10th floor, K.P. Aurum Building, Marol Maroshi Road, Andheri (E), Mumbai at 2:30 PM. The meeting saw participation from both promoter and public shareholders, with voting conducted through remote e-voting and physical ballots.

Stock Split and Capital Restructuring Approved

Shareholders unanimously approved the 1:10 stock split, subdividing each equity share with face value of Rs. 10.00 into ten shares of Rs. 1.00 each. The resolution received 100% approval from all voting categories, demonstrating strong shareholder confidence in the corporate action.

The corresponding amendment to the Memorandum of Association's Capital Clause was also approved, reflecting the new share structure while maintaining the same authorized capital amount.

Leadership and Governance Resolutions

All resolutions related to Mr. Maheswar Sahu's appointment as Director and Chairman (Non-Executive Non-Independent) received overwhelming approval. Both his appointment and remuneration package were approved with 100% votes in favor, indicating strong board confidence.

Employee Stock Option Plans Endorsed

Shareholders approved two comprehensive Employee Stock Option Plans for 2025, demonstrating commitment to employee retention and motivation. Both FYNX ESOP 2025 plans received special resolution approval with unanimous support from voting shareholders.

Related Party Transaction Approvals

Three related party transaction resolutions were approved, covering arrangements with Shree Sai Tours and Travels, Lord Krishna Financial Services Limited, and Mr. Maheswar Sahu. All transactions received 100% approval, ensuring compliance with regulatory requirements.

Regulatory Compliance and Documentation

The voting results were compiled by appointed scrutinizer CS Hitesh Dashrathbhai Patel and filed under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Akash Hirenbhai Bheda signed the regulatory filings, ensuring full compliance with disclosure requirements.

The comprehensive approval of all resolutions positions FYNX Capital for enhanced liquidity through the stock split, strengthened governance through new leadership appointments, and improved employee engagement through the ESOP plans, while maintaining full regulatory compliance.

Rajath Finance , formerly known as Fynx Capital Limited, has announced the resignation of Sarat Kumar Malik from his position as Independent Director, effective October 31, 2025. The company disclosed this information in compliance with SEBI regulations.

Resignation Details

Malik cited personal reasons for his departure from the board. In his resignation letter, he expressed his inability to continue in the role due to these undisclosed personal circumstances. The company has confirmed that there are no other material reasons for his resignation beyond those mentioned in his letter.

Board Positions

As part of the disclosure, Rajath Finance provided details of Malik's other board positions in listed entities:

Regulatory Compliance

The company submitted this information in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure is in line with SEBI's requirements for transparency in corporate governance matters.

Rajath Finance continues to operate from its headquarters in Mumbai. The company may need to initiate the process of finding a suitable replacement for the vacant Independent Director position to maintain compliance with corporate governance norms.

Investors and stakeholders are advised to monitor further announcements from the company regarding any potential appointments to the board in the wake of this resignation.