Transwarranty Finance Limited has announced securing a significant loan facility while disclosing related promoter share pledge arrangements to stock exchanges. The company communicated this development to maintain regulatory compliance under SEBI guidelines.

Loan Details and Banking Partnership

The company has availed a loan amounting to ₹15.00 crore from IDFC First Bank Limited as part of its ordinary business operations. This financing arrangement represents a substantial capital infusion for the Mumbai-based finance company.

Promoter Share Pledge Arrangement

In connection with the loan facility, Kumar Nair, who serves as a promoter of Transwarranty Finance Limited, has pledged a significant portion of his equity holdings as security. The pledge involves 1,40,33,381 equity shares of the company held by him.

Regulatory Compliance and Disclosure

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures adherence to applicable SEBI LODR provisions.

Transwarranty Finance Limited, incorporated in 1994 with CIN L65920MH1994PLC080220, operates from its registered office at Regent Chambers, Nariman Point, Mumbai. The company continues to maintain regular compliance with stock exchange requirements while pursuing its business financing needs through established banking relationships.

Transwarranty Finance Limited has officially issued a postal ballot notice under Regulation 30 of SEBI Listing Regulations to seek shareholder approval for the appointment of Mr. Ashok Parumal Nawany as an Independent Director. The company sent the formal notice on January 05, 2026, to all registered shareholders for e-voting on special business matters.

Postal Ballot Timeline and Process

The company has established a comprehensive timeline for the postal ballot process, engaging National Securities Depository Limited (NSDL) to provide e-voting facilities. CS Yogesh Sharma (ICSI Membership No. FCS 11305) from M/s. Yogesh Sharma & Co has been appointed as the Scrutinizer to ensure fair and transparent voting.

Director Appointment Proposal

The postal ballot seeks approval through special resolution for Mr. Ashok Parumal Nawany's appointment as a Non-executive Independent Director for a five-year term. The Board of Directors had previously approved his appointment on November 05, 2025, based on the Nomination, Remuneration and Compensation Committee's recommendation.

Professional Background and Expertise

Mr. Nawany brings nearly four decades of leadership experience to the company, having been instrumental in the growth of Nawany Group. He has built a strong position in the industrial and commercial real estate sector with emphasis on quality construction and timely project execution. His key strengths include entrepreneurial leadership, strategic planning, relationship building, mentoring teams, and driving organizational clarity and discipline.

Regulatory Compliance and Eligibility

The company has confirmed that Mr. Nawany meets all regulatory requirements, including independence criteria under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of SEBI Listing Regulations. He is not debarred from holding directorship by SEBI or any other authority and meets the fit and proper criteria prescribed by the Reserve Bank of India.

Voting Process and Shareholder Eligibility

Shareholders whose names appear in the Register of Members or Beneficial Owners as on the cut-off date of January 02, 2026, will be eligible to vote. The notice has been sent via email to all registered shareholders in compliance with MCA Circulars. The resolution requires approval through special resolution, and once the voting period concludes, the Scrutinizer will submit the report to the Chairman for results declaration within the prescribed timeline.