Smart Finsec Limited, a company listed on the Bombay Stock Exchange (BSE: 539494), has announced its financial results for the quarter ended September 30, 2025, along with a significant change in its leadership.

Financial Performance

The company reported a net profit after tax of Rs. 30.63 lakh for the quarter ended September 30, 2025. This financial performance was disclosed as part of the unaudited standalone financial results approved by the company's Board of Directors at their meeting held on November 13, 2025.

Leadership Change

In a notable development, Smart Finsec announced the resignation of Mr. Rajinder Kumar Arora (DIN: 10797869) from his position as Executive Director. The resignation, cited due to personal reasons, will take effect from November 14, 2025. The Board of Directors has accepted Mr. Arora's resignation.

Board Meeting Details

The company's Board of Directors convened on November 13, 2025, at the registered office to discuss and approve several key matters:

1. Unaudited Standalone Financial Results for Q2 and H1 FY2026
2. Acceptance of Mr. Rajinder Kumar Arora's resignation

The meeting commenced at 4:30 PM and concluded at 5:27 PM.

Regulatory Compliance

Smart Finsec Limited has ensured compliance with regulatory requirements by submitting the necessary disclosures to the BSE. The company provided details as required under SEBI Listing Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Auditor's Review

A. Mohan & Co., Chartered Accountants, conducted a limited review of the unaudited quarterly standalone financial results. The auditors stated that based on their review, nothing has come to their attention that causes them to believe that the financial statements have not been prepared in accordance with applicable accounting standards and SEBI regulations.

Smart Finsec Limited continues to operate within the exemption limit of Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with a paid-up equity share capital of Rs. 3,00,00,000 and a net worth of Rs. 15,63,26,580 as of March 31, 2025.

Smart Finsec Limited, a company listed on the Bombay Stock Exchange (BSE: 539494), has announced the appointment of Arun Khera as its new Managing Director. The appointment, subject to shareholder approval, is for a five-year term commencing August 29, 2025, and ending August 28, 2030.

Board Approval and Appointment Details

The company's Board of Directors, in a meeting held on August 28, 2025, approved Khera's appointment based on the recommendation of the Nomination & Remuneration Committee. The decision was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Arun Khera's Profile

Arun Khera brings a wealth of experience to his new role:

• Professional Qualifications: A Chartered Accountant and holds a Master of Commerce degree
• Industry Experience: Over 25 years in finance, accounting, and securities markets
• Company Association: One of the promoters of Smart Finsec Limited

Corporate Governance and Compliance

The company has confirmed that Khera is not debarred from holding directorial positions by SEBI or any other regulatory authority. This appointment aligns with corporate governance standards and regulatory requirements.

Family Ties in Management

It's worth noting that Arun Khera has a familial connection within the company's leadership. He is the father of Sachit Khera, who serves as a Non-Executive Director at Smart Finsec Limited.

Additional Board Meeting Outcomes

The Board meeting on August 28, 2025, also resulted in several other key decisions:

• Scheduling of the 30th Annual General Meeting (AGM) for September 25, 2025, to be held via video conferencing
• Approval of the Directors' Report and Management Discussion and Analysis Report for the financial year 2024-25
• Setting September 18, 2025, as the cut-off date for determining voting eligibility for the AGM
• Re-appointment of M/s. PK Mishra & Associates as the Secretarial Auditor for the Financial Year 2025-26

These developments signal Smart Finsec Limited's commitment to maintaining strong leadership and adhering to regulatory requirements as it moves forward under Arun Khera's direction.