Meeting Details

The 46th Annual General Meeting of Poonawalla Fincorp Limited was held on Friday, July 24, 2026 at 03:00 P.M. through Video-Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting concluded at 05:25 P.M. (IST), including an e-voting period of 30 minutes.

The deemed venue was the Registered Office of the Company at 201 and 202, 2nd Floor, AP81 Koregaon Park Annex, Mundhwa, Pune, 411036, Maharashtra.

Voting Process

The Company provided facility for Members to cast votes electronically through:

  • Remote e-Voting: Commenced Monday, July 20, 2026 at 09:00 A.M. (IST) and concluded Thursday, July 23, 2026 at 05:00 P.M. (IST)
  • E-voting during the AGM: Available for 30 minutes post conclusion of the meeting

Mr. Girish Bhatia, Practicing Company Secretary (FC: 3295 CP No. 13792), was appointed as Scrutinizer to scrutinize the voting process.

Financial Performance Highlights (FY26)

The Chairman and Managing Director & CEO presented the following financial and operational highlights:

  • Assets Under Management (AUM): Increased by 69.4% to ₹60,348 crore
  • Net Interest Income: Grew by 49% to ₹4,029 crore
  • Profit After Tax: Stood at ₹542 crore
  • Gross NPA: Improved to 1.44%
  • Net NPA: Improved to 0.74%
  • 6MoB30+ delinquency metric: Remained at 1.05%
  • Capital Adequacy Ratio: 20.74%
  • Return on Assets: Improved to 1.16%
  • Pre-Provision Operating Profit: Grew 36% year-on-year to ₹1,934 crore

Strategic Updates

Management highlighted the company's transformation along three vectors:

1. Institutional muscle: Converted leadership knowledge into systems, processes and governance frameworks

2. Calibrated portfolio construction: Launched 6-7 new businesses including Gold Loans, Consumer Durable Loans, Prime Personal Loans, Commercial Vehicle Finance, Education Loans

3. Artificial intelligence: Implemented 42 of 76 identified AI solutions across underwriting, collections, customer service, audit and compliance

The company completed a ₹2,500 crore QIP that strengthened its capital base.

Growth Outlook

  • Near-term target: 35-40% AUM growth
  • Five-year aspiration: Scale Assets Under Management by five to six times over the next five years (using FY25 as baseline)
  • FY27 focus: Scaling with discipline while investing in technology, talent and customer relationships

Resolutions Considered and Voting Results

The AGM considered and approved the following 4 ordinary resolutions:

Resolution 1: Adoption of audited standalone financial statements for FY26

  • Result: Passed
  • Total votes polled: 750,832,817 (85.2736% of outstanding shares)
  • Votes in favor: 750,832,300 (99.9999% of votes polled)
  • Votes against: 517 (0.0001% of votes polled)

Resolution 2: Adoption of audited consolidated financial statements for FY26

  • Result: Passed
  • Total votes polled: 750,832,852 (85.2736% of outstanding shares)
  • Votes in favor: 750,832,255 (99.9999% of votes polled)
  • Votes against: 597 (0.0001% of votes polled)

Resolution 3: Re-appointment of Mr. Adar Poonawalla (DIN: 00044815) as Director

  • Result: Passed
  • Total votes polled: 750,837,780 (85.2742% of outstanding shares)
  • Votes in favor: 747,808,224 (99.5965% of votes polled)
  • Votes against: 3,029,556 (0.4035% of votes polled)
  • Promoter group voted 100% in favor (519,644,637 votes)

Resolution 4: Appointment of B. K. Khare & Co., Chartered Accountants (Firm Registration Number: 105102W) as Joint Statutory Auditor

  • Result: Passed
  • Total votes polled: 750,837,800 (85.2742% of outstanding shares)
  • Votes in favor: 750,131,312 (99.9059% of votes polled)
  • Votes against: 706,488 (0.0941% of votes polled)

Attendance and Participation

  • Total shareholders on record date (July 17, 2026): 187,786
  • Shareholders attending through VC/OAVM: 69 (1 Promoter and Promoter Group, 68 Public)
  • The Register of Directors and Key Managerial Personnel, Register of Contracts and Arrangements, and Secretarial Auditor certificate were available for inspection

Additional Information

The full details including the Consolidated Scrutinizer's Report and voting results are available on the company's website at www.poonawallafincorp.com and at NSDL at www.evoting.nsdl.com.