Spandana Sphoorty Financial Limited has announced the successful completion of its postal ballot process, with shareholders approving three critical corporate governance resolutions on January 20, 2026. The microfinance company conducted the voting through remote e-voting mechanism, demonstrating strong shareholder confidence in the proposed leadership changes.

Postal Ballot Overview

The company initiated the postal ballot process through a notice dated December 17, 2025, seeking shareholder approval on key appointments and remuneration matters. The voting period extended from December 19, 2025, at 9:00 AM to January 17, 2026, at 5:00 PM, with KFin Technologies Limited serving as the service provider for the remote e-voting facility.

Resolution Results

All three resolutions received overwhelming shareholder support, with approval rates exceeding 99% across all categories. The voting results demonstrate strong confidence in the company's leadership decisions.

Resolution 1: Director Appointment

The ordinary resolution to approve the appointment of Venkatesh Krishnan (DIN: 02078403) as Director received 99.995% approval from shareholders.

Resolution 2: Managing Director Appointment

The special resolution for appointing and determining remuneration of Venkatesh Krishnan as Managing Director and Chief Executive Officer secured 99.994% shareholder approval.

Resolution 3: Chairperson Remuneration Revision

The ordinary resolution to approve revised annual remuneration for Chairperson and Independent Director Abanti Mitra (DIN: 02305893) received 99.992% approval.

Share Capital Structure

The company's paid-up equity share capital as of the record date stood at ₹79.97 crores, comprising both fully paid-up and partly paid-up equity shares. The voting structure reflects proportionate rights based on paid-up value.

Compliance and Process

The postal ballot process adhered to all regulatory requirements under the Companies Act, 2013, and SEBI Listing Regulations. Y. Ravi Prasada Reddy of RPR & Associates served as the scrutinizer, ensuring transparent and fair voting procedures. The company published advertisements in Financial Express and Nava Telangana newspapers on December 19, 2025, informing stakeholders about the postal ballot completion.

The successful completion of these resolutions positions the company for continued growth under new leadership while maintaining strong corporate governance standards. Company Secretary Vinay Prakash Tripathi confirmed that the voting results and scrutinizer's report would be made available on the company's website at www.spandanaspooorty.com .

Spandana Sphoorty Financial Limited has formally notified stock exchanges about its upcoming board meeting scheduled for January 27, 2026. The meeting will focus on reviewing and approving the company's third-quarter financial performance for FY26, marking a significant milestone in the company's quarterly reporting cycle.

Board Meeting Details

The board meeting announcement, issued on January 19, 2026, outlines the company's compliance with regulatory requirements under SEBI LODR Regulations 29 and 50. The meeting agenda specifically includes consideration and approval of both standalone and consolidated financial results.

Trading Window Restrictions

In accordance with insider trading prevention protocols, Spandana Sphoorty Financial has implemented a trading window closure for company securities. This measure ensures compliance with SEBI's Prohibition of Insider Trading Regulations, 2015, and the company's internal code of conduct.

The trading window closure details include:

• Closure Period: Until January 29, 2026
• Duration: 48 hours post financial results declaration
• Previous Notice: Referenced in company letter dated December 29, 2025
• Regulatory Basis: SEBI insider trading regulations

Corporate Communication

The official notice was signed by Vinay Prakash Tripathi, Company Secretary, and distributed to both major Indian stock exchanges. The communication was addressed to BSE Limited's Department of Corporate Services and the National Stock Exchange of India Limited's Listing Department, ensuring comprehensive market notification.

Company Information

Spandana Sphoorty Financial Limited operates under CIN L65929TG2003PLC040648 and maintains its corporate headquarters in Hyderabad, Telangana. The company's securities trade under scrip codes 542759 and 890221, with symbols SPANDANA and SSFLPP respectively on the stock exchanges.

The upcoming board meeting represents the company's commitment to maintaining transparent financial reporting and regulatory compliance. Investors and stakeholders can expect the Q3FY26 results to provide insights into the company's operational performance during the quarter ended December 31, 2025.