Comfort Fincap Limited has issued a comprehensive postal ballot notice seeking shareholder approval for seven critical resolutions, including director regularizations, remuneration approvals, authorized share capital increase, and registered office relocation from West Bengal to Maharashtra. The company distributed the notice dated February 23, 2026, to members for remote e-voting on multiple special business items.

Postal Ballot Notice and E-Voting Schedule

The company has engaged National Securities Depository Limited (NSDL) to provide e-voting facility to all members. The postal ballot notice was sent to members whose names appear on the Register of Members/List of Beneficial Owners as on Friday, February 20, 2026, being the cut-off date.

Seven Key Resolutions for Shareholder Approval

The postal ballot encompasses seven resolutions covering director appointments, remuneration structures, capital enhancement, and corporate restructuring initiatives.

Director Appointments and Regularizations

The company seeks approval for regularizing three directors across different categories, each bringing specialized expertise to strengthen the board's competencies.

Independent Director Appointments

Mr. Sanjeev Kumar Pandey (DIN: 10718409) is proposed for regularization as Non-Executive Independent Director for a five-year term from December 30, 2025, to December 29, 2030. With over 35 years of banking experience at State Bank of India, including international exposure at SBI Singapore, he brings expertise in corporate restructuring, governance, and treasury management.

Mr. Sanjiv Swarup (DIN: 00132716) is recommended for regularization as Non-Executive Independent Director for five years from January 15, 2026, to January 14, 2031. His four decades of experience in financial services, governance, and strategic advisory, along with board positions in multiple listed entities, provides valuable regulatory insight and commercial judgment.

Executive Director Appointment

Mrs. Nirmala Kanjar (DIN: 11457740), currently serving as Chief Financial Officer since 2015, is proposed for regularization as Executive Director. As a Chartered Accountant with over 13 years of professional experience, she has been instrumental in the company's financial strategy, budgeting, and regulatory compliance.

Remuneration Structures and Approvals

The postal ballot includes remuneration approvals exceeding statutory limits, requiring special shareholder consent under Section 197 of the Companies Act, 2013.

Authorized Share Capital Enhancement

To facilitate future capital requirements and business expansion, the company proposes increasing authorized share capital from Rs. 25,00,00,000 to Rs. 60,00,00,000, representing an increase from 12,50,00,000 equity shares to 30,00,00,000 equity shares of Rs. 2 face value each.

Registered Office Relocation Initiative

The company seeks approval for shifting its registered office from West Bengal to Maharashtra, citing operational efficiency and business convenience. The current registered office at 22, Block B, Camac Street, Kolkata, will be relocated to Maharashtra, requiring Central Government approval through the Regional Director.

The comprehensive postal ballot notice demonstrates the company's commitment to corporate governance and strategic restructuring initiatives. All resolutions require appropriate shareholder approval through the remote e-voting process, with results expected by March 30, 2026.

Source: None/Company/INE274M01026/075af184-81a3-425f-ba90-150cdb4103d5.pdf

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.