F Mec International Financial Services Limited, a company listed on the BSE, held its 6th board meeting for the financial year 2025-2026 on October 13, 2025. The meeting, which took place at the company's registered office in New Delhi, resulted in several significant decisions and deferrals.

Key Outcomes of the Board Meeting

Name Change Approval

The board approved a change in the company's name, subject to the Reserve Bank of India's (RBI) approval. This decision will also necessitate subsequent alterations to the company's Memorandum of Association.

Deferred Decisions

The board chose to postpone several critical decisions, citing the need for further deliberations:

• Increase in authorized share capital and related alteration of the capital clause in the Memorandum of Association
• Issuance of equity shares on a rights basis
• Appointment of Ms. Pallavi Shukla as an Additional Independent Director

Director Resignation

The board acknowledged the resignation of Ms. Renuka Chouhan from her position as an Independent Director.

Meeting Details

The company's decision to change its name, pending RBI approval, marks a significant corporate action. However, the deferral of key financial and governance decisions suggests that the board is taking a cautious approach to these important matters.

The resignation of Ms. Renuka Chouhan as an Independent Director and the deferred decision on appointing Ms. Pallavi Shukla to a similar role indicate potential changes in the company's governance structure.

F Mec International Financial Services Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ensuring transparency with its shareholders and the market at large.

Investors and stakeholders will likely be watching closely for future announcements regarding the deferred decisions, as these could have significant implications for the company's capital structure and governance.

F Mec International Financial Services has reported a significant development in its promoter shareholding structure. Pankaj Kumar, a member of the company's promoter group, has pledged an additional 44,375 shares, representing 0.49% of the total share capital, to Grow Money Capital Private Limited, a Non-Banking Financial Company (NBFC).

Details of the Pledge

According to the disclosure made to the BSE Limited, the pledge was created on September 16, 2025, for personal borrowing purposes. This recent pledge follows an earlier encumbrance of 235,625 shares (2.65% of total share capital) to the same NBFC, which was created on September 2, 2025.

Promoter's Shareholding Status

Pankaj Kumar's total shareholding in F Mec International Financial Services stands at 651,708 shares, which accounts for 7.33% of the company's total share capital. With this additional pledge, Kumar's total encumbered shares have now reached 280,000, representing 3.14% of the company's total share capital.

Regulatory Compliance

The company has made these disclosures in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It's worth noting that the encumbered shares represent less than 50% of Kumar's promoter shareholding and less than 20% of the company's total share capital, which are important thresholds in regulatory reporting.

Other Promoter Holdings

The LODR data also provides insights into other promoter holdings:

This pledge by Pankaj Kumar is part of the ongoing financial activities within the promoter group of F Mec International Financial Services. Investors and market watchers may want to keep an eye on any further developments in the company's shareholding pattern.