Sunshine Capital Limited has announced a significant board change with the resignation of Mr. Bhupendra Kaushik from his position as Non-Executive & Independent Director. The resignation became effective on January 5, 2026, marking an important governance development for the Delhi-based financial services company.

Resignation Details and Compliance

The company formally disclosed the resignation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Kaushik, holding Director Identification Number (DIN) 07016552, submitted his resignation citing personal and unavoidable reasons as the primary factors behind his decision.

Company Confirmation and Regulatory Compliance

Sunshine Capital Limited has received formal confirmation from Mr. Kaushik that no other material reasons exist for his resignation beyond those explicitly stated in his resignation letter. This confirmation aligns with regulatory requirements and ensures transparency in corporate governance matters. The company has fulfilled all disclosure requirements pursuant to Clause 7B of Para A of Schedule III to the SEBI (LODR) Regulations, 2015.

Other Directorships

As part of the mandatory disclosure requirements, the company has revealed Mr. Kaushik's other directorship positions. He currently holds directorships in two other listed entities:

• India Solomon Holdings Limited
• Sital Leasing and Finance Ltd

The resignation was formally communicated to BSE Limited, where Sunshine Capital Limited trades under scrip code 539574 with ISIN INE974F01025. Managing Director Surendra Kumar Jain (DIN: 00530035) signed the official communication on behalf of the Board of Directors, ensuring proper regulatory compliance and record-keeping.

Sunshine Capital Limited , a Non-Banking Financial Company (NBFC), has announced its unaudited financial results for the quarter and half year ended September 30, 2025, revealing substantial growth in revenue and assets.

Financial Highlights

The company reported a remarkable increase in its revenue from operations for the first half of the fiscal year 2025. Here's a breakdown of the key financial metrics:

The company's revenue from operations saw a significant year-over-year increase of 494.6%, rising from Rs 530.07 lakhs in H1 2024 to Rs 3,151.79 lakhs in H1 2025. This substantial growth indicates a strong performance in the company's core business activities.

Asset Growth

Sunshine Capital's total assets experienced an extraordinary surge, growing from Rs 365.83 lakhs in the previous period to Rs 77,906.70 lakhs as of September 30, 2025. This represents a staggering increase of 21,196.3%, suggesting significant expansion in the company's asset base.

Stable Equity

The company's equity share capital remained unchanged at Rs 529.72 lakhs, indicating that no new shares were issued during this period.

Regulatory Compliance

The company confirmed that Regulation 32 of SEBI LODR Regulations 2015, which pertains to the statement of deviation or variation in the use of funds raised through public, rights, or preferential issues, is not applicable. This is because Sunshine Capital did not issue any shares through these methods during the reported period.

Audit Review

The financial results were reviewed by the chartered accountancy firm VRSK Associates, as stated in the company's disclosure. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, which involves making inquiries and applying analytical procedures to the financial data.

Conclusion

The significant growth in revenue and assets suggests that Sunshine Capital Limited may have implemented successful strategies or benefited from favorable market conditions in the NBFC sector during this period.

Investors and stakeholders may view these results positively, given the substantial increase in both revenue and assets. However, it's important to note that these are unaudited results, and the final audited figures may differ.

As Sunshine Capital Limited continues to grow, market observers will likely keep a close eye on how the company manages this rapid expansion and whether it can sustain this growth trajectory in the coming quarters.