Ladderup Finance Limited has successfully completed its postal ballot process and submitted the shareholders' resolutions to BSE Limited, achieving overwhelming approval for both independent director appointments with exceptional participation rates.

Regulatory Submission and Compliance

The company formally submitted voting results and documentation to BSE Limited on February 10, 2026, under scrip code 530577, in compliance with Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission included certified copies of shareholders' resolutions along with the scrutinizer's report from M/s. Jajodia and Associates.

Postal Ballot Process and Participation

The remote e-voting process concluded on February 09, 2026, at 5:00 P.M. (IST), demonstrating strong shareholder engagement across all categories.

Resolution Results and Voting Breakdown

Both special resolutions achieved exceptional approval rates, with identical voting patterns across shareholder categories.

Resolution 1: Appointment of Mr. Ramesh Kumar Pareek

The appointment of Mr. Ramesh Kumar Pareek (DIN: 00331644) as Non-Executive Independent Director received overwhelming support.

Resolution 2: Re-appointment of Mrs. Mangala Radhakrishna Prabhu

The re-appointment of Mrs. Mangala Radhakrishna Prabhu (DIN: 06450659) as Non-Executive Independent Director achieved identical approval rates.

Director Appointment Details

Mr. Ramesh Kumar Pareek was initially appointed as Additional cum Independent Director with effect from November 10, 2025, and has now been formally appointed as Non-Executive Independent Director for a term of three consecutive years. He brings over four decades of experience in accounting, taxation, and investment advisory across diverse industries.

Mrs. Mangala Radhakrishna Prabhu has been re-appointed for a second term of three consecutive years effective from February 10, 2026. She specializes in working capital, project finance, structured finance, and capital market products, currently serving as director on multiple listed companies including Siyaram Silk Mills Limited and Kesoram Industries Ltd.

Scrutinizer Report and Documentation

Priti Nikhil Jajodia (ACS No. 36944, CP No. 19900) of M/s. Jajodia and Associates served as the scrutinizer for the postal ballot process. The scrutinizer's report confirmed that both resolutions were passed as special resolutions with the requisite majority.

The postal ballot process was conducted in accordance with Section 110 and Section 108 of the Companies Act, 2013, and Rule 22 and Rule 20 of the Companies (Management and Administration) Rules, 2014. The voting results and scrutinizer's report have been made available on the company's website at www.ladderup.com and on MUFG Intime India Pvt. Ltd.'s website.

Ladderup Finance Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a board meeting held on January 30, 2026. The company's performance showed mixed results across standalone and consolidated operations during the reporting period.

Standalone Financial Performance

The company's standalone operations reflected challenging market conditions during Q3 FY26. Total revenue from operations decreased to ₹14.22 lakh compared to ₹18.60 lakh in the previous quarter and ₹12.32 lakh in the corresponding quarter of the previous year.

For the nine-month period ended December 31, 2025, standalone total revenue increased significantly to ₹189.83 lakh from ₹109.73 lakh in the corresponding period of the previous year, primarily driven by net gain on fair value changes of financial assets worth ₹144.80 lakh.

Consolidated Financial Results

The consolidated financial performance demonstrated the company's diversified business portfolio, including subsidiary and joint venture operations. Consolidated total revenue from operations reached ₹421.48 lakh in Q3 FY26, compared to ₹384.07 lakh in the corresponding quarter of the previous year.

The consolidated results included contributions from Ladderup Asset Managers Private Limited (subsidiary), Waterproof Corporation Private Limited (joint venture), and other associated entities.

Revenue Composition and Segment Performance

The company operates across multiple business segments including investment activities, finance activities, and investment advisory services. Investment advisory services emerged as the primary revenue driver in consolidated operations, contributing ₹402.32 lakh in Q3 FY26 compared to ₹367.44 lakh in the corresponding quarter of the previous year.

Interest income on a consolidated basis increased to ₹17.20 lakh in Q3 FY26 from ₹12.97 lakh in Q3 FY25, while fees and commission income grew to ₹402.32 lakh from ₹367.44 lakh during the same period.

Other Comprehensive Income and Total Comprehensive Results

Both standalone and consolidated operations experienced significant other comprehensive losses during the quarter, primarily due to changes in fair value of equity instruments. Standalone other comprehensive loss was ₹117.51 lakh in Q3 FY26, while consolidated other comprehensive loss reached ₹118.31 lakh.

The company's total comprehensive loss on a standalone basis was ₹237.46 lakh for Q3 FY26, while consolidated total comprehensive loss stood at ₹142.50 lakh for the same period.

Corporate Developments

The results highlighted a significant corporate transaction where the joint venture company Waterproof Corporation Private Limited executed a Share Purchase Agreement on September 23, 2025, for the sale of its entire shareholding in Shree Vinayak Organics (India) Private Limited. This transaction was completed on October 9, 2025, resulting in a one-time gain on disposal reflected in the joint venture's contribution to group profits.