SI Capital & Financial Services Limited, a financial services company based in Tamil Nadu, has announced a crucial board meeting scheduled for September 25, 2025. The meeting, to be conducted via video conferencing, will focus on exploring various fund-raising options for the company.

Key Points of the Upcoming Meeting

• Date and Mode: The board meeting is set for Thursday, September 25, 2025, and will be held through video conferencing or other audio-visual means.

• Primary Agenda: The board will consider multiple options for raising funds through borrowings.

• Potential Instruments: The company is evaluating the issuance of redeemable non-convertible debentures in both onshore and offshore markets.

• Issuance Methods: The board will discuss various modes of fund-raising, including private placement, preferential allotment, or other suitable methods based on prevailing market conditions.

Regulatory Compliance

The company has duly informed the BSE Limited about this upcoming board meeting, adhering to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This prior intimation demonstrates SI Capital & Financial Services' commitment to transparency and regulatory compliance.

Company Background

SI Capital & Financial Services Limited is listed on the BSE with the scrip code 530907. The company's registered office is located in Pollachi, Coimbatore, Tamil Nadu. As a financial services provider, the company's decision to explore fund-raising options could have significant implications for its future growth and operations.

Implications

The outcome of this board meeting could potentially impact the company's financial structure and future business strategies. Investors and stakeholders will likely be keen to learn about the decisions made regarding the fund-raising initiatives, as these could influence the company's financial position and market performance in the coming months.

As the financial services sector continues to evolve, SI Capital & Financial Services' proactive approach to exploring diverse funding options reflects its efforts to strengthen its financial foundation and potentially expand its business operations.

Investors and market observers are advised to stay tuned for further updates following the board meeting on September 25, 2025, as the company may release additional information about its fund-raising plans and strategies.

SI Capital & Financial Services Limited, a financial services company based in Tamil Nadu, has announced its unaudited financial results for the quarter ended June 30, 2025, along with several key appointments and proposals for shareholder approval.

Financial Results

The company's Board of Directors approved the unaudited financial results for Q1 FY2026 on August 13, 2025. The detailed financial figures were not provided in the available information.

Key Appointments

Statutory Auditors

The Board has recommended the re-appointment of M/s. Ayyar & Cherian, Chartered Accountants, as Statutory Auditors for a term of five consecutive years from FY 2025-26 to FY 2029-30. This appointment is subject to shareholder approval at the upcoming 31st Annual General Meeting (AGM).

Secretarial Auditors

Liya & Associates, a peer-reviewed company secretarial firm, has been appointed as Secretarial Auditors for a five-year term from FY 2025-26 to FY 2029-30, pending shareholder approval.

Internal Auditors

M/s. JRJ & Co, Chartered Accountants from Thrissur, have been appointed as Internal Auditors for the Financial Year 2025-26.

Additional Director

Mr. Nijo Michel has been appointed as an Additional Director of the company, effective August 13, 2025. Mr. Michel brings expertise in finance, chits, and lending business, having been active in the field since 2012.

Proposed Shareholder Approvals

The company will seek shareholder approval for several key financial measures at the upcoming AGM:

1. Issuance of Non-Convertible Debentures up to Rs. 10.00 crore.
2. Issuance of Unsecured Subordinated Debts up to Rs. 5.00 crore.
3. Authority to borrow money exceeding the company's paid-up share capital, free reserves, and securities premium.
4. Permission to create charges on company properties for borrowing purposes.

Annual General Meeting

The 31st Annual General Meeting of SI Capital & Financial Services Limited is scheduled for September 19, 2025, at 11:00 AM. In line with ongoing practices, the meeting will be conducted via video conferencing or other audio-visual means.

These developments indicate that SI Capital & Financial Services is taking steps to strengthen its financial position and governance structure while complying with regulatory requirements. The proposed measures, if approved by shareholders, could provide the company with additional financial flexibility for its operations and growth initiatives.