Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 and 51 of SEBI Listing Regulations

Corporate Actions:

Registrar & Transfer Agent Change:

  • Change from M/s. MUFG Intime India Private Limited to M/s. Purva Sharegistry (India) Private Limited (SEBI Registration Number: INR000001112)
  • MUFG will continue until completion of data transition, shifting of electronic connectivity, and receipt of necessary confirmations/approval from NSDL, CDSL and other authorities
  • Effective date will be communicated after receiving No Objection Certificate from existing RTA and entering into Tripartite Agreements
  • Reason for change: Purva has robust workforce, provides multiple e-solutions, established electronic interface for shareholder queries, technologically advanced infrastructure, and wider reach to shareholders

Management Changes:

  • Resignation of Mr. Naveen Kottala as Chief Executive Officer effective close of business hours on October 20, 2026
  • Reason for resignation: Pursuing other professional opportunities aligned with long-term career aspirations (as per resignation letter)
  • Appointment of Mr. Siddharth Purandare as Chief Executive Officer effective December 13, 2026
  • Mr. Purandare's profile: 23+ years experience in financial services, expertise in business leadership, credit risk, sales strategy, product innovation across lending segments
  • Previously instrumental in setting up MSME-focused NBFC for US-based AVANA Companies, spent over a decade at Edelweiss Retail Finance Limited
  • Qualifications: M.M.S. (Finance) from Jamnalal Bajaj Institute of Management Studies, Bachelor's in Mechanical Engineering from Fr. Agnel, Mumbai University
  • No relationship with other directors

Compliance Appointment:

  • Appointment of Mr. Hussain Mohammed Pittalwala as Chief Compliance Officer effective October 1, 2026
  • Appointment made pursuant to Reserve Bank of India (Non-Banking Financial Companies - Compliance Function) Directions, 2026

Employee Stock Options:

  • Grant of 4,50,000 (Four Lakh Fifty Thousand) Employee Stock Options under "Finkurve ESOP Plan -2018"
  • Scheme complies with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021
  • Options exercisable into 4,50,000 equity shares of face value of ₹1 each fully paid-up
  • Exercise Price: ₹65 per option
  • Vesting period: Minimum 1 year from date of grant
  • Exercise period: All vested options exercisable within maximum 5 years from vesting date

Other Significant Information:

  • Signed by Kajal Kunal Parmar, Company Secretary & Compliance Officer (Membership No: ACS65484)
  • Documents include Annexure A (RTA change details), Annexure B & C (CEO change details), Annexure D (ESOP details), Annexure E (resignation letter)