Comfort Fincap Limited announced significant board restructuring and capital enhancement decisions following its board meeting held on December 30, 2025. The company made strategic appointments to strengthen its leadership while substantially expanding its authorized share capital to support future growth initiatives. The NBFC, registered with RBI and listed on BSE, issued a comprehensive press release on December 31, 2025, highlighting the strategic importance of these appointments.

Board Appointments and Leadership Changes

The board approved two key appointments effective December 30, 2025, both subject to shareholder approval at the ensuing General Meeting.

Mr. Sanjeev Kumar Pandey brings over 35 years of distinguished leadership across banking, regulation, and policy formulation. As an Ex-Senior Banker with State Bank of India, he pioneered and led SBI's NCLT Division, overseeing more than 1,000 Corporate Insolvency Resolution Processes, over 300 liquidation matters, and approximately 900 individual insolvency cases. He currently serves as Consultant at DSK Legal, CEO of the Association of Insolvency Professional Entities, and Advisor to CAFRAL. With global exposure as Executive Vice President at SBI Singapore, he brings extensive experience in treasury management, stressed asset resolution, and corporate banking.

Mrs. Nirmala Kanjar, a distinguished Member of the Institute of Chartered Accountants of India, has over 13 years of professional experience in accounting, taxation, financial management, and regulatory compliance. She has been serving as the company's Chief Financial Officer since 2015, playing a pivotal role in strengthening the financial framework and governance practices. Her elevation to Director reflects the Board's confidence in her strategic insight, deep institutional knowledge, and commitment to ethical governance while ensuring continuity in leadership.

Director Resignation

The board accepted the resignation of Mrs. Apeksha Kadam as Non-Executive Non-Independent Director, effective from closure of business hours on December 30, 2025. Her resignation includes her role as Member of various Board Committees.

Authorized Capital Enhancement

The board approved a substantial increase in the company's authorized share capital, demonstrating confidence in future growth prospects.

This capital increase will require alteration of the Capital Clause of the company's Memorandum of Association, subject to shareholders' approval at the upcoming General Meeting.

Company Profile and Strategic Focus

Comfort Fincap Limited is a non-deposit taking Non-Banking Financial Company registered with RBI and classified as NBFC-Investment and Credit Company. The company is primarily focused on providing inter corporate loans, personal loans, loans against shares and securities, loans against properties, trade financing, bills discounting, and trading in shares and securities. The company has positioned itself between the organized banking sector and local money lenders, offering customers competitive, flexible and timely lending services.

Regulatory Compliance and Communication

The board meeting was conducted on December 30, 2025, from 5:00 PM to 6:00 PM. All decisions were made in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company communicated these developments through reference CFL/SEC/2025-26/43 to BSE Limited under scrip code 535267. The formal communication was digitally signed by Director Ankur Agrawal (DIN: 06408167) and the information is available on the company's website at www.comfortfincap.com .

Comfort Fincap Limited has announced its financial results for the second quarter ended September 30, 2025, showcasing robust growth and profitability. The non-banking financial company (NBFC) also reported a significant change in its board composition.

Financial Highlights

The company reported impressive year-on-year growth in its Q2 FY26 results:

For the half-year ended September 30, 2025, Comfort Fincap's performance remained strong:

The company's Assets Under Management (AUM) grew by 34.13% year-on-year to Rs. 10,389.59 lakhs, indicating substantial business expansion. Additionally, the net worth of Comfort Fincap increased by 65.57% to Rs. 9,505.17 lakhs, reflecting a strengthened financial position.

Board Reshuffle

In a separate announcement, Comfort Fincap informed that Mr. Devendra Lal Thakur has resigned from his position as Non-Executive Independent Director, effective from the close of business hours on October 28, 2025. Mr. Thakur cited pre-occupation and personal commitments as reasons for his departure.

The resignation affects Mr. Thakur's roles as Chairperson/Member of various Board Committees. He also holds directorships in other listed entities, including Comfort Intech Limited and DhanSafal Finserve Limited, where he serves on multiple board committees.

Market Implications

The strong financial results, coupled with the significant growth in AUM and net worth, may positively influence investor sentiment towards Comfort Fincap. However, the resignation of a key board member could potentially impact the company's governance structure in the short term.

Investors and market watchers will likely keep a close eye on how Comfort Fincap manages this transition and maintains its growth trajectory in the coming quarters.

The company has announced that its trading window will reopen on October 31, 2025, following the board meeting and results announcement.

As Comfort Fincap continues to navigate the dynamic NBFC sector, its ability to sustain this growth momentum and effectively manage its board composition will be crucial factors in determining its future market position and investor confidence.