Unifinz Capital has received a regulatory penalty from BSE Limited for non-compliance with board composition requirements under securities regulations. The company disclosed this development through a regulatory filing on December 16, 2025, following receipt of the exchange communication.

Fine Details and Regulatory Action

BSE Limited imposed the penalty through its communication dated December 15, 2025, which Unifinz Capital received on the same day at approximately 19:07 hours. The fine relates to violations under Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nature of Non-Compliance

The penalty stems from the company's non-compliance with board composition requirements, specifically the failure to appoint a woman director as mandated under the regulations. This violation falls under Regulation 17(1) of the SEBI Listing Regulations, which governs the composition and structure of company boards for listed entities.

Company Response and Impact Assessment

Unifinz Capital has indicated that it is preparing a waiver application to BSE Limited, requesting relief from the imposed fine. The company is in the process of submitting this waiver request to the exchange authorities.

Regarding the financial impact, the company has assessed that the penalty will not affect its operations or financial performance:

Regulatory Disclosure Framework

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the guidelines outlined in SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. This regulatory framework mandates timely disclosure of material events and regulatory actions to ensure transparency for investors and market participants.

The company's registered office is located at Rajlok Building (Floor-5), 24, Nehru Place, New Delhi-110019, while its corporate office operates from MCT House (Floor-1), New Friends Colony, Near Sukhdev Vihar Metro Station, New Delhi-110025.

Unifinz Capital India Limited has successfully completed the regularization of three director appointments following unanimous shareholder approval at the Extra-Ordinary General Meeting held on December 10, 2025. The company filed its regulatory disclosure with BSE Limited on December 12, 2025, pursuant to Regulation 30 of the SEBI Listing Regulations, confirming the formalization of appointments initially made by the Board of Directors on October 14, 2025.

Director Appointments and Remuneration Approval

The shareholders approved the regularization of three key directors who were initially appointed as Additional Directors by the Board of Directors on October 14, 2025. The regularization process includes approval for payment of remuneration and sitting fees in accordance with the provisions of the Companies Act, 2013.

Director Profiles and Professional Background

Manish Aggarwal brings over 15 years of progressive experience as a Chartered Accountant in taxation, finance, and accounting across real estate, broadcasting, and corporate sectors. His expertise includes statutory compliance, audit management, GST migration implementation, fund management, and comprehensive financial reporting. He is recognized for his analytical acumen, leadership, and commitment to excellence.

Ritu Sharma, a commerce graduate with a PG Diploma in Business Administration, contributes over 9 years of experience in treasury and financial management. She previously served as Chief Financial Officer from November 2021 until October 13, 2025, bringing expertise in strategic financial planning, risk management, compliance, and policy development. She holds certifications in insurance (AICPCU), Lean methodology, complete accountancy, and NISM V-A certification.

Shubh Charn Bansal is a Chartered Accountant with over 22 years of experience in financial management, statutory compliance, taxation, internal controls, and business process improvement. His expertise includes financial strategy, risk management, and corporate governance, with experience leading critical projects such as GST rollout and Oracle ERP implementation in organizations including NICSI, a Government of India Undertaking.

EGM Proceedings and Regulatory Compliance

The Extra-Ordinary General Meeting was conducted through Video Conferencing from 3:00 PM to 3:50 PM on December 10, 2025, addressing six resolutions with unanimous shareholder support. The meeting covered director appointments, bonus share issuance, and employee stock option plans.

The company confirmed that all appointed directors are not debarred from holding directorial positions by SEBI or any other authority, ensuring compliance with BSE and NSE circular requirements. None of the directors are related to existing board members as defined under Section 2(77) of the Companies Act, 2013. The regulatory disclosure was signed by Ritu Tomar, Company Secretary and Compliance Officer, demonstrating the company's commitment to transparent governance practices.