FynX Capital Limited (formerly known as Rajath Finance Limited) has announced the appointment of Mr. Maheswar Sahu as Chairman & Director following unanimous shareholder approval at an Extraordinary General Meeting held on December 11, 2025. The appointment marks a significant leadership addition for the Mumbai-based financial services company.

Appointment Details

The shareholders' meeting, which commenced at 2:30 PM and concluded at 4:30 PM on December 11, 2025, approved Mr. Sahu's appointment for a five-year term. The new appointee will serve as a Non-Executive Non-Independent Director and will be liable to retire by rotation as per company regulations.

Professional Background

Mr. Sahu brings extensive experience to FynX Capital's board, with over 30 years of professional expertise across multiple domains. His recognized strengths span several critical areas that align with the company's strategic objectives.

Key areas of expertise include:

• Strategic planning and leadership
• Organizational development and institutional building
• Large-scale project execution
• Environmental governance
• Corporate social responsibility
• Mentorship and board advisory

The company stated that Mr. Sahu's mentorship capabilities and diverse experience will add considerable value to the board's decision-making processes.

Independence and Compliance

FynX Capital confirmed that Mr. Maheswar Sahu maintains complete independence from the company's existing leadership structure. He is not related to any current directors, key managerial personnel, promoters, or promoter group members of the company.

The appointment complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the disclosure requirements under Regulation 30. The company has fulfilled all necessary regulatory notifications to BSE Limited, where FynX Capital trades under scrip code 507962.

Corporate Governance Enhancement

This appointment represents FynX Capital's continued commitment to strengthening its corporate governance framework through experienced leadership additions. The five-year term provides stability for long-term strategic planning while ensuring accountability through the rotation retirement provision.

The company, headquartered in Mumbai's Andheri East area, operates in the financial services sector and maintains its commitment to regulatory compliance and transparent corporate practices through such structured leadership appointments.

FYNX Capital Limited (formerly known as Rajath Finance Limited) has released detailed voting results from its Extraordinary General Meeting held on December 11, 2025, showing unanimous approval for all nine proposed resolutions. The company filed comprehensive voting results and scrutinizer reports with BSE Limited on December 13, 2025, demonstrating strong shareholder support for key corporate actions.

EGM Overview and Participation

The EGM was conducted at the company's registered office at 1001, 10th floor, K.P. Aurum Building, Marol Maroshi Road, Andheri (E), Mumbai at 2:30 PM. The meeting saw participation from both promoter and public shareholders, with voting conducted through remote e-voting and physical ballots.

Stock Split and Capital Restructuring Approved

Shareholders unanimously approved the 1:10 stock split, subdividing each equity share with face value of Rs. 10.00 into ten shares of Rs. 1.00 each. The resolution received 100% approval from all voting categories, demonstrating strong shareholder confidence in the corporate action.

The corresponding amendment to the Memorandum of Association's Capital Clause was also approved, reflecting the new share structure while maintaining the same authorized capital amount.

Leadership and Governance Resolutions

All resolutions related to Mr. Maheswar Sahu's appointment as Director and Chairman (Non-Executive Non-Independent) received overwhelming approval. Both his appointment and remuneration package were approved with 100% votes in favor, indicating strong board confidence.

Employee Stock Option Plans Endorsed

Shareholders approved two comprehensive Employee Stock Option Plans for 2025, demonstrating commitment to employee retention and motivation. Both FYNX ESOP 2025 plans received special resolution approval with unanimous support from voting shareholders.

Related Party Transaction Approvals

Three related party transaction resolutions were approved, covering arrangements with Shree Sai Tours and Travels, Lord Krishna Financial Services Limited, and Mr. Maheswar Sahu. All transactions received 100% approval, ensuring compliance with regulatory requirements.

Regulatory Compliance and Documentation

The voting results were compiled by appointed scrutinizer CS Hitesh Dashrathbhai Patel and filed under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Akash Hirenbhai Bheda signed the regulatory filings, ensuring full compliance with disclosure requirements.

The comprehensive approval of all resolutions positions FYNX Capital for enhanced liquidity through the stock split, strengthened governance through new leadership appointments, and improved employee engagement through the ESOP plans, while maintaining full regulatory compliance.