SBFC Finance Limited , a leading non-banking financial company (NBFC), has successfully completed its postal ballot process with shareholders overwhelmingly approving the new stock option policy. The company announced the voting results on December 15, marking a significant milestone in its employee incentive strategy and corporate governance.

Postal Ballot Results

The shareholders have approved the 'SBFC Stock Option Policy 2025 – I' through remote e-voting with an overwhelming majority. The postal ballot process concluded on December 14, with the scrutinizer's report published on December 15.

The voting was conducted entirely through remote e-voting facility provided by KFin Technologies Limited, with Ms. Jigyasa N. Ved of Parikh Associates serving as the scrutinizer for the voting process.

Stock Option Policy Details

The approved policy creates a pool of 1.21 crore employee stock options, designed to attract and retain top talent within the organization. The exercise price for these options will be determined based on the average closing price of the company's shares over the five trading days preceding the grant date.

Leadership Transitions

SBFC Finance has experienced significant changes in its leadership team during this period:

New Chief Credit Officer Profile

Mr. Sreenivas Mylavarapu brings extensive experience to SBFC Finance with over 29 years in banking across retail, MSME, agriculture, and microfinance segments. He previously served as General Manager & Business Head for Retail, Agri, and MSME Advances at Karnataka Bank Ltd., and held senior roles at Aditya Birla Housing Finance, Kotak Mahindra Bank, IDBI Bank, and State Bank of Hyderabad.

Recent Financial Performance

The company's strong financial metrics support these strategic initiatives:

Regulatory Compliance

The postal ballot was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, and Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014. The process also adhered to Regulations 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The overwhelming shareholder approval of the stock option policy, combined with strategic leadership appointments and strong financial performance, positions SBFC Finance for continued growth in the competitive NBFC landscape. The company's commitment to employee incentivization through equity participation demonstrates its focus on talent retention and organizational development.

SBFC Finance Limited has been assigned an ESG rating of 64 by NSE Sustainability Ratings and Analytics Limited for the financial year 2024-25. The company disclosed this development to the stock exchanges on December 10, 2025, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Details

The ESG rating was assigned by NSE Sustainability Ratings and Analytics Limited, which is a SEBI registered ESG rating provider. The rating reflects the company's performance across environmental, social, and governance parameters for FY 2024-25.

Independent Assessment Process

SBFC Finance clarified that it did not engage NSE Sustainability Ratings and Analytics Limited for the ESG rating assessment. The rating provider independently prepared the report based on the company's data available in the public domain. This approach demonstrates the rating agency's proactive evaluation methodology using publicly accessible information.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations and other applicable provisions. The company has also made this information available on its official website at https://www.sbfc.com/investors , ensuring transparency for all stakeholders.

Company Information

SBFC Finance Limited operates in the finance sector and is listed on both NSE (symbol: SBEC) and BSE (scrip code: 543959). The company's registered office is located at Unit No. 103, 1st Floor, CRB-Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai-400059.