Company Overview
Available Finance Limited, an unregistered Non-Deposit Taking Core Investment Company (NBFC-ND-CIC), filed its 34th Annual Report and AGM notice for FY 2025-2026. The company operates primarily through investments in equity shares and providing loans to group companies.
Financial Performance
Standalone Results: Revenue from operations reached ₹60.48 lakh (6.72% increase YoY) with profit after tax of ₹22.31 lakh. The company maintained cash equivalents of ₹2.55 lakh and loans (net) of ₹672.28 lakh.
Consolidated Results: Profit after tax stood at ₹107.36 crore, representing a 3.4% increase from the previous year, with EPS of ₹105.22. The investment portfolio totals ₹30,073.41 lakhs, primarily in associates Agarwal Coal Corporation (32.63% holding) and Agarwal Fuel Corporation (43.55% holding).
Key Transactions and Exposures
The company holds significant exposure to Ad-Manum Finance Limited with an outstanding loan of ₹673.96 lakh at 9.5% interest rate. FY26 transactions included loan disbursements of ₹43 lakh and interest income of ₹54.16 lakh. The AGM will seek approval for additional related party transactions up to ₹1 crore.
Corporate Governance and AGM Details
The 34th Annual General Meeting is scheduled for September 9, 2026 in hybrid mode. Agenda items include adoption of financial statements, confirmation of four new director appointments (Pramod Kishore Shrivastava as Chairman, Sahaj Jain, Suyash Choudhary, and Manish Chandan), and approval of remuneration for whole-time directors.
Board and Management Changes
Significant post-year-end changes occurred: Rakesh Sahu resigned as Whole-Time Director & CFO, while Rajendra Kumar Sohani and Vikas Gupta resigned as Non-Executive Directors. New appointments include Pramod Kishore Shrivastava as Chairman and Sahaj Jain as Whole-Time Director (later resigned as CFO). Mahesh Nirmal was appointed as CFO effective August 15, 2026.
Shareholding and Ownership
Promoter group holding stands at 65.52%, with Archana Coal Private Limited as the largest shareholder at 49.22%. Shareholding changes occurred due to transmission of shares from the late Neena Devi Agarwal to Vanshika Agarwal effective March 30, 2026.
Regulatory Compliance and Auditors
The company maintains compliance with SEBI LODR regulations, with unmodified audit reports from statutory auditors SAP Jain & Associates and secretarial auditors Ishan Jain & Co. Contingent liabilities include disputed income tax demand of ₹1.10 lakh.
Business Outlook
As a core investment company with asset size below ₹100 crore, Available Finance continues to focus on investments in group companies while preserving profits for business activities (no dividend declared for FY26).