Frontier Capital Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results and related corporate matters at their meeting held on February 13, 2026, which commenced at 2:30 PM and concluded at 4:30 PM.

Financial Performance Overview

The company's quarterly performance showed mixed results with total income decreasing to ₹14.25 lakhs from ₹19.34 lakhs in the corresponding quarter of the previous fiscal year. The results were reviewed by the Audit Committee and prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Frontier Capital demonstrated relatively stable performance with total income of ₹47.18 lakhs compared to ₹47.58 lakhs in the corresponding period of the previous year. Revenue from operations showed improvement, increasing to ₹47.00 lakhs from ₹43.38 lakhs.

Share Purchase Agreement Terminations

The Board approved the termination of two Share Purchase Agreements originally executed on February 6, 2025. Both agreements were terminated due to non-fulfillment of conditions precedent by the long stop date of June 30, 2025, with termination notices issued on February 13, 2026.

Regulatory Compliance and Corporate Governance

The financial results were prepared pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's auditors, A.P. Rajagopalan & Co., Chartered Accountants, conducted a review in accordance with Standard on Review Engagements (SRE) 2410 and confirmed that nothing came to their attention suggesting material misstatement in the financial results.

Financial Position and Business Operations

Frontier Capital Limited maintains a clean debt profile with zero outstanding amounts across all categories of financial indebtedness. The company operates primarily in the financing business, with all activities revolving around this main business segment within India. The paid-up equity share capital remains unchanged at ₹167.62 lakhs, consisting of shares with a face value of ₹10 each.

The termination of both Share Purchase Agreements will result in no change to the control or management of Frontier Capital Limited, ensuring continuity in the company's operations and governance structure.

Frontier Capital Limited has announced several significant decisions and appointments following its board meeting held on September 4, 2025. The company has scheduled its 41st Annual General Meeting (AGM) and made key changes to its leadership and auditing teams.

AGM and Share Transfer Book Closure

The board has set September 29, 2025, as the date for the 41st AGM, which will be conducted through video conferencing. In preparation for the AGM, the company's share transfer books will remain closed from September 23 to September 29, 2025.

New Appointments

Company Secretary and Compliance Officer

Mr. Kamal Prajapati has been appointed as the new Company Secretary and Compliance Officer, effective September 4, 2025. Prajapati, a member of the Institute of Company Secretaries of India with a Master's degree in Commerce from the University of Mumbai, brings over two years of experience to the role.

Additional Director

Dr. Sumana Raychaudhury has been appointed as an Additional Director (Non-Executive-Independent) for a five-year term, subject to shareholder approval. Dr. Raychaudhury is a legal professional with more than 22 years of experience, currently associated with SEVA Advisory LLP and SEVA Law Offices.

Changes in Auditors

Statutory Auditors

The board has recommended the appointment of M/s. A. P. Rajagopalan & Co., Chartered Accountants, as the new statutory auditors for a five-year term. This Mumbai-based firm, established in 1978, brings 47 years of professional experience to the role. The appointment is subject to shareholder approval at the upcoming AGM.

Secretarial Auditors

M/s. SB & Co., Company Secretaries, have been recommended for appointment as secretarial auditors for a five-year term. The firm has over 18 years of experience in corporate laws, SEBI regulations, and FEMA regulations.

E-voting Scrutinizer

Mrs. Shilpa Bandre, Partner at SB & Company, has been appointed as the scrutinizer for remote e-voting during the AGM.

These appointments and decisions reflect Frontier Capital's commitment to strengthening its corporate governance and ensuring compliance with regulatory requirements. Shareholders will have the opportunity to approve these changes at the upcoming AGM.