Sodhani Capital Limited has successfully concluded its postal ballot process, with shareholders providing unanimous approval for the special resolution to alter the company's Memorandum of Association (MOA) for expanding into Alternative Investment Funds (AIFs) and Portfolio Management Services (PMS) distribution business.

Postal Ballot Results

The remote e-voting process concluded on December 20, 2025, at 5:00 PM (IST), with the resolution achieving 100% approval from participating shareholders. Ms. Ruchika Gupta (ACS 72117), the appointed scrutinizer, confirmed that the special resolution was duly passed with the requisite majority.

Process Framework

The postal ballot was conducted entirely through remote e-voting facilitated by National Securities Depository Limited (NSDL). The cut-off date for determining eligible shareholders was November 14, 2025, with the company's total paid-up equity share capital standing at ₹7.94 crores divided into 79,44,998 equity shares of ₹10 each.

Approved Business Expansion

The approved amendments to the MOA include five new sub-clauses enabling Sodhani Capital to operate in the alternative investment distribution space:

New Business Objectives

1. Distribution Operations: Facilitate AIF schemes and PMS distribution through franchise models in India and International Financial Services Centres (IFSCs)
2. Strategic Partnerships: Collaborate with mutual fund companies, AIF managers, portfolio managers, and financial institutions
3. Revenue Generation: Receive commissions, fees, and remuneration from distributors and product providers under regulatory compliance
4. Platform Development: Establish digital and physical platforms connecting investors with authorized distributors
5. Comprehensive Services: Conduct marketing, investor education, onboarding, and relationship management

Regulatory Compliance

The expansion will operate under SEBI and IFSCA regulatory frameworks, with authorization to work with registered Asset Management Companies and Portfolio Managers. The Board of Directors and Company Secretary have been empowered to execute all necessary implementation actions, including filing requisite forms with regulatory authorities.

This unanimous shareholder approval positions Sodhani Capital to capitalize on growing opportunities in the alternative investment and wealth management sectors, opening new revenue streams while strengthening its financial intermediation services portfolio.

Sodhani Capital has announced robust financial results for the half year ended September 30, 2025, alongside significant corporate developments that signal the company's growth trajectory.

Financial Performance

The company reported a substantial increase in its financial metrics for the half-year period:

Despite a slight dip in profit figures, Sodhani Capital maintained a strong revenue growth of 8.09% compared to the same period last year, demonstrating resilience in its core operations.

Key Corporate Developments

New CEO Appointment

The Board of Directors has appointed Mr. Aayush Alpesh Shah as the Chief Executive Officer (CEO) for a five-year term, effective November 12, 2025. Mr. Shah, a legal professional with expertise in fund formation, securities, and investment laws, brings valuable experience from top-tier law firms to lead Sodhani Capital's next phase of growth.

Business Expansion

The company has taken significant steps to broaden its business scope:

1. Alteration of Memorandum of Association to include:

   • Distribution of Alternative Investment Fund (AIF) schemes
   • Portfolio Management Services (PMS)
   • Stock broking through franchise models

2. Expansion into digital platforms and service centers for marketing, investor education, and relationship management related to AIF and PMS schemes.

3. Plans to enter into partnerships with mutual fund companies, AIF managers, and regulatory authorities to enhance franchise-based indirect distribution business.

New Office Premises

Sodhani Capital has taken possession of new office premises at A 112-113, Lodha Supremus Andheri, MIDC Road, Andheri East, Mumbai – 400093, indicating physical expansion to support its growing operations.

Corporate Governance

The company has appointed M/s D. JAIN & CO. as Internal Auditors and M/s Raunak Bansal & Associates as Secretarial Auditors for FY 2025-26, reinforcing its commitment to robust corporate governance practices.

IPO Update

Following the end of the reported half-year, Sodhani Capital successfully completed its Initial Public Offering (IPO). The IPO comprised a fresh issue of 16,90,000 equity shares at Rs. 51 each, raising Rs. 861.90 lakhs. Additionally, an Offer For Sale of 4,10,000 equity shares garnered Rs. 209.10 lakhs. The company's shares were subsequently listed on the BSE Limited on October 1, 2025.

Sodhani Capital's latest financial results and strategic initiatives reflect its focus on expanding its footprint in the financial services sector. The appointment of a new CEO and the broadening of its business operations into AIF and PMS distribution indicate the company's ambition to diversify its revenue streams and capitalize on emerging opportunities in the Indian financial markets.