Advik Capital Limited , a financial services company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, along with a key board appointment.

Financial Performance

The company reported a significant improvement in its financial performance for Q2 FY26:

Advik Capital's consolidated revenue from operations for Q2 FY26 stood at ₹567.11 lakh, marking a 39.2% increase from ₹407.40 lakh in the same quarter last year. The company's net profit for the quarter reached ₹58.88 lakh, a significant turnaround from a loss of ₹24.13 lakh in Q2 FY25.

For the half-year ended September 30, 2025, the company reported a consolidated revenue of ₹1,308.08 lakh, up 37.6% from ₹950.36 lakh in the corresponding period of the previous year. However, the net profit for H1 FY26 decreased to ₹106.94 lakh from ₹210.84 lakh in H1 FY25, representing a 49.3% decline.

New Board Appointment

In a strategic move to strengthen its leadership, Advik Capital has appointed Mr. Mukesh Kumar Puniani as an Additional Director (Non-Executive Independent Director) with immediate effect from October 15, 2025. The appointment is subject to shareholder approval.

Mr. Puniani brings over four decades of experience in the Indian financial sector to Advik Capital's board. He holds B.Sc. and LL.B. degrees from the University of Delhi and has recently retired as Chief Manager from a scheduled nationalized bank. His extensive background in both banking and legal professions is expected to provide valuable insights to the company's operations and strategic decisions.

Management Commentary

While specific management comments were not provided in the available data, the company's financial results reflect a strong recovery in quarterly performance, particularly in revenue growth and profitability compared to the previous year. The appointment of Mr. Puniani as an Independent Director aligns with Advik Capital's commitment to enhancing its corporate governance and leveraging experienced professionals in the financial sector.

Investors and stakeholders will likely be watching closely to see how Advik Capital builds on this quarterly performance and utilizes the expertise of its newly appointed director to drive sustainable growth in the coming quarters.

Note: All financial figures are based on consolidated results unless otherwise specified.

Advik Capital Limited has announced significant corporate actions that signal potential growth and expansion plans for the company. The Board of Directors, in a meeting held on September 4, 2025, approved several key decisions that will be presented for shareholder approval at the upcoming Annual General Meeting (AGM).

Fundraising Initiative

The Board has given the green light to a substantial fundraising plan, allowing the company to raise up to Rs. 300.00 crores through the issuance and allotment of securities. This fundraising effort is designed to be flexible, with the company having the option to execute it in one or more tranches. The specifics of the securities to be issued and the terms of allotment will be determined by the Board or a designated committee at a later date, in compliance with all applicable laws and regulations.

Authorized Share Capital Increase

In a move that complements the fundraising plan, Advik Capital's Board has also approved doubling the company's authorized share capital. The proposal seeks to increase the authorized share capital from Rs. 75.00 crores to Rs. 150.00 crores, potentially paving the way for future equity expansions.

Upcoming Annual General Meeting

These significant proposals will be put forward for shareholder approval at Advik Capital's 40th Annual General Meeting, scheduled for September 26, 2025, at 12:30 PM. The AGM will be conducted through video conferencing, ensuring wider participation.

Book Closure and Record Date

For the purposes of the AGM, the company has announced a book closure period. The Register of Members and Share Transfer Books will remain closed from September 20 to September 26, 2025 (both days inclusive).

Corporate Governance and Compliance

The Board meeting, which lasted from 1:00 PM to 2:20 PM on September 4, 2025, also addressed other corporate governance matters. The Directors approved the AGM notice, along with various reports including the Directors' Report, Secretarial Audit Report, and Corporate Governance Report.

Nisha Mittal, Company Secretary and Compliance Officer of Advik Capital Limited, confirmed these developments in the company's official communication to the BSE Limited.

These strategic decisions by Advik Capital's Board suggest that the company may be positioning itself for significant corporate actions or expansion plans in the near future. Shareholders and market observers will be keenly watching the outcome of the upcoming AGM and any subsequent steps taken by the company following these approvals.