Capital India Finance Limited announced significant board decisions on December 30, 2025, including a key appointment and authorization for member voting on executive leadership changes. The board resolutions were passed by circulation at 01:36 P.M. in compliance with SEBI listing regulations.

Key Appointment: Head-Risk & Policy

The board approved the appointment of Mr. Mohit Sirpurkar as Head-Risk & Policy, effective December 30, 2025. The appointment details are outlined below:

Mr. Sirpurkar brings extensive industry experience in risk management and credit policy development, with particular expertise in secured lending and rural finance sectors. His appointment strengthens the company's risk management capabilities and policy framework.

Postal Ballot Authorization for Executive Vice Chairman

The board authorized seeking member consent through postal ballot for appointing Mr. Surender Rana (DIN: 10315624) as Whole-time Director, designated as Executive Vice Chairman. The company will conduct this process through remote e-voting to ensure member participation.

Remote E-Voting Schedule

KFin Technologies Limited has been appointed as the Registrar and Transfer Agent to facilitate the remote e-voting process:

Members whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date will be eligible to vote on the proposed resolution.

Regulatory Compliance

The announcements were made in compliance with Regulation 30, 51, and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will submit the Notice of Postal Ballot with requisite details to stock exchanges and distribute it to members in due course.

These strategic appointments and governance processes reflect Capital India Finance Limited's commitment to strengthening its leadership team and maintaining transparent corporate governance practices.

Capital India Finance Limited has successfully completed the allotment of 13,47,500 equity shares under its Employee Stock Option Plan 2018, marking a significant milestone in the company's employee incentive program. The allotment has raised ₹2.44 crores for the company and increased its paid-up capital to ₹78.21 crores.

ESOP Allotment Details

The allotment represents the exercise of vested options by eligible employees under the Capital India Finance Employee Stock Option Plan 2018. The exercise generated substantial funds for the company while rewarding employee participation in the organization's growth.

Impact on Share Capital Structure

The allotment has resulted in a notable increase in the company's paid-up equity share capital. The capital structure transformation reflects the successful implementation of the employee stock option scheme.

ESOP Scheme Framework

The Capital India Finance Employee Stock Option Plan 2018 covers a total of 1,75,00,000 equity shares with a face value of ₹2.00 each. The scheme operates under the Securities and Exchange Board of India (Share Based Employee Benefits & Sweat Equity) Regulations, 2021, ensuring compliance with regulatory requirements.

Key features of the option exercise include:

• Vested options can be exercised within 5 years from the vesting date
• The newly allotted shares are identical to existing equity shares
• No lock-in period applies to the allotted shares

Regulatory Compliance

Capital India Finance Limited has fulfilled all disclosure requirements under Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited.