Comfort Fincap Limited's Board of Directors has formally passed a circular resolution approving a comprehensive postal ballot notice to seek shareholder approval for several key corporate governance and capital structure matters. The board resolution was passed on February 21, 2026, with the official outcome communicated under reference number CFL/SEC/2025-26/53.

Director Regularizations and Appointments

The postal ballot will seek shareholder approval for the regularization of three directors across different categories. The company plans to regularize Mr. Sanjeev Kumar Pandey (DIN: 10718409) and Mr. Sanjiv Swarup (DIN: 00132716) as Non-Executive Independent Directors. Additionally, Mrs. Nirmala Kanjar (DIN: 11457740) will be regularized as an Executive Director of the company.

Remuneration Approvals

The postal ballot will also address remuneration matters for key personnel. Shareholders will vote on the remuneration payable to Mrs. Nirmala Kanjar, who serves dual roles as Executive Director and Chief Financial Officer of the company. The ballot will additionally cover remuneration payable to the Independent Directors of the company.

Capital Structure Changes

A significant component of the postal ballot involves changes to the company's capital structure. The board has proposed an increase in the authorized share capital along with corresponding alterations to the capital clause of the company's Memorandum of Association. These changes require shareholder approval as per regulatory requirements.

Regulatory Compliance and Distribution

The board resolution was passed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution was signed by Director Ankur Agrawal (DIN: 06408167) and communicated to BSE Limited under the official reference number CFL/SEC/2025-26/53.

The postal ballot notice will be made available across multiple platforms to ensure comprehensive shareholder access. Comfort Fincap Limited will send the notice separately to the stock exchange and directly to company members, while also publishing it on both the company's official website and BSE's platform for broader accessibility.

Comfort Fincap Limited announced strong financial performance for the third quarter of fiscal year 2026, with net profit surging 68.8% year-on-year. The company's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, during their meeting held on January 15, 2026. Additionally, the company released its investor presentation for Q3FY26 business operations under Regulation 30 of SEBI Listing Regulations.

Strong Q3FY26 Performance

The company delivered impressive growth across key financial metrics during the quarter. Net profit after tax reached ₹229.02 lakhs, representing a substantial 68.8% increase from ₹135.68 lakhs reported in Q3FY25. This growth was supported by a 45.5% rise in total income to ₹447.73 lakhs compared to ₹307.73 lakhs in the corresponding quarter of the previous year.

Operational Excellence and Growth Drivers

Interest income emerged as the primary growth driver, increasing 32.1% to ₹451.59 lakhs from ₹341.78 lakhs in Q3FY25. The company also generated ₹0.55 lakhs from financial advisory and consultancy services during the quarter. Assets Under Management (AUM) recorded a 20.64% growth year-on-year, reaching ₹9,775.85 lakhs compared to ₹8,103.39 lakhs in Q3FY24.

Business Model and Core Offerings

As outlined in the investor presentation, Comfort Fincap Limited operates as a non-deposit taking Non-Banking Financial Company (NBFC-ND) registered with RBI and classified as an NBFC-Investment and Credit Company (NBFC-ICC). The company bridges the gap between traditional banking and local money lenders by offering flexible, competitive, and timely lending options.

Technology-Enabled Operations

The company leverages technology as a core enabler for delivering speed, flexibility, and trust. The presentation highlights their tech-enabled platform that brings efficiency, transparency, and speed to the lending process through accelerated disbursement, smarter credit evaluation, and frictionless customer onboarding.

Nine-Month Performance

For the nine months ended December 31, 2025, the company maintained strong momentum with net profit growing 48.5% to ₹642.34 lakhs from ₹432.65 lakhs in the corresponding period of FY25. Total income for the nine-month period increased 18.6% to ₹1,211.45 lakhs, while total expenditure decreased to ₹386.18 lakhs from ₹448.86 lakhs in the previous year.

Board Strengthening

The board appointed Mr. Sanjiv Swarup (DIN: 00132716) as Non-Executive Independent Director for a five-year term, subject to shareholder approval. Mr. Swarup brings over four decades of professional experience spanning financial services, governance, and strategic advisory.

Management Commentary

Commenting on the results, Mr. Ankur Agrawal, Chairperson and Director, stated that FY 2025-26 represents an important milestone in Comfort Fincap's journey, reflecting continued efforts to build a stronger and more resilient organization. He emphasized the company's commitment to disciplined growth, enhanced operational efficiency, and measured innovation while creating enduring value for customers and stakeholders.