Befound Movement Limited Shareholders Approve Rajesh Kapoor's Reappointment as MD

Befound Movement Limited (formerly known as Regency Trust Limited) has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the reappointment of Rajesh Kapoor as Managing Director and Chief Financial Officer. The company announced the outcome on December 18, 2025, following the completion of the e-voting process.

Postal Ballot Outcome

The voting results demonstrate strong shareholder confidence in the leadership:

Parameter:	Details
Total Shares Outstanding:	1,00,00,000
Shares Polled:	12,90,164 (12.90%)
Votes in Favor:	12,90,122 (99.99%)
Votes Against:	42 (0.01%)
Resolution Status:	Passed with Requisite Majority

Reappointment Details

The approved reappointment encompasses the following terms:

Aspect:	Details
Position:	Managing Director and Chief Financial Officer
Candidate:	Rajesh Kapoor (DIN: 02757121)
Tenure:	Three years (August 10, 2025 to August 9, 2028)
Remuneration:	No remuneration proposed
Rotation Liability:	Not liable to retire by rotation

Voting Process Timeline

The postal ballot was conducted in accordance with regulatory requirements:

Postal Ballot Notice Date: November 13, 2025
Cut-off Date: November 14, 2025
E-voting Period: November 18, 2025 (10:00 AM) to December 17, 2025 (5:00 PM)
Result Declaration: December 18, 2025

Leadership Profile

Rajesh Kapoor brings extensive expertise to his continued role as Managing Director. As a Chartered Accountant with over three decades of experience in taxation, accountancy, and management services, he has been serving as Managing Director since January 5, 2016. His reappointment ensures continuity in the company's leadership and strategic direction.

Regulatory Compliance

The postal ballot process was conducted through the e-voting facility provided by Central Depository Services (India) Limited (CDSL). The company complied with all provisions under Section 110 of the Companies Act, 2013, Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The overwhelming approval reflects shareholder confidence in the company's leadership under Rajesh Kapoor's continued guidance as Managing Director and Chief Financial Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.84%	+7.33%	-6.92%	+71.72%	+28.35%	+142.93%

Befound Movement Limited (formerly known as Regency Trust Limited) has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with key board decisions.

Financial Performance

The company reported a total income of Rs. 45.00 lakhs for Q2 FY26, compared to Rs. 75.00 lakhs in the previous quarter. For the half-year ended September 30, 2025, the total income stood at Rs. 120.00 lakhs.

Particulars (in Rs. Lakhs)	Q2 FY26	Q1 FY26	H1 FY26
Total Income	45.00	75.00	120.00
Total Expenses	29.75	81.33	111.08
Profit/(Loss) Before Tax	15.25	-6.33	8.92
Net Profit/(Loss)	13.77	-6.33	7.44

The company's performance showed improvement in Q2 FY26 compared to Q1 FY26, with a profit before tax of Rs. 15.25 lakhs in Q2 against a loss of Rs. 6.33 lakhs in Q1.

Board Decisions

The Board of Directors, in their meeting held on November 13, 2025, approved the following:

Unaudited financial results for Q2 and H1 FY26
Re-appointment of Mr. Rajesh Kapoor as Managing Director, subject to shareholder approval
Related Party Transactions for H1 FY26
Postal ballot notice

Auditor's Review

L K Ajmera & Associates, the company's statutory auditors, have issued an unmodified limited review report on the unaudited financial results. This indicates that the auditors did not find any material misstatements in the financial information provided by the company.