AGM Details

  • Date: September 30, 2026
  • Time: 11:30 AM IST
  • Mode: Video Conferencing/Other Audio Visual Means
  • Cut-off date for e-voting: September 22, 2026
  • E-voting period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
  • Platform: Central Depository Services (India) Limited

Financial Highlights (Standalone)

  • Profit for FY25-26: ₹53.14 crore (compared to ₹2.68 crore in FY24-25)
  • Basic and diluted EPS: ₹4.90 (compared to ₹0.33 in FY24-25)
  • Dividend recommended: Final dividend of 5% (1 paisa per equity share of face value ₹2 each)
  • Dividend payment timeline: Within 30 days from AGM date

Corporate Actions

Dividend Declaration:

  • Final dividend of 5% i.e., 1 paisa per equity share of face value ₹2 each
  • Subject to tax deduction at source under Section 123 of Companies Act, 2013

Director Appointments:

1. Mrs. Shweta Samir Shah - Re-appointment as Managing Director (retiring by rotation)

2. Mr. Aayush Kamleshbhai Shah - Appointment as Independent Director for 5 years (July 1, 2026 to July 1, 2031)

3. Ms. Neha Vinod Kothari - Appointment as Independent Director for 5 years (July 1, 2026 to July 1, 2031)

Board Composition (as of March 31, 2026)

Managing Director: Mrs. Shweta Samir Shah (DIN: 03082967)

Independent Directors:

  • Mr. Kaival Niteshkumar Shah (DIN: 11019174) - from March 25, 2025
  • Mr. Pankaj Sharma (DIN: 11097604) - from May 8, 2025
  • Mr. Aayush Sharma (DIN: 10149440) - from July 1, 2026
  • Ms. Neha Kothari (DIN: 11022380) - from July 1, 2026

Key Managerial Personnel:

  • Company Secretary: Ms. Sakshi Patel (from January 10, 2026)
  • CFO: Mr. Pranav Bharatkumar Chalishajar

Strategic Business Developments

1. Retail Secured Lending Entry: The company entered retail secured lending segment with focus on Tier 2 and Tier 3 markets, particularly underserved semi-urban and rural areas

2. SEBI AIF Approval: Received SEBI approval for launching ₹100 crore Category 3 AIF

3. Business Model: Hub-and-spoke model for rapid disbursement, technology-enabled lending infrastructure with OCR, real-time verification, and risk-based scoring

4. Geographic Expansion: Initiated operations from 2 states with outreach to smaller districts around major towns

Subsidiary Information

  • Sera Capital Services Private Limited: Wholly owned subsidiary incorporated in FY24-25
  • Sera Code Private Limited: Acquired 99.21% stake, became subsidiary
  • Financials of subsidiaries (as per Form AOC-1):
  • Sera Code Private Limited: Share capital ₹1.26 crore, Reserves (₹45.81 lakh), Total assets ₹85.55 lakh
  • Sera Capital Services Private Limited: Share capital ₹10 lakh, Reserves (₹15.52 lakh), Total assets ₹5.37 lakh

Capital Structure

  • Authorized Share Capital: ₹14 crore (7 crore equity shares of ₹2 each)
  • Issued, Subscribed and Paid-up Capital: ₹13.10 crore (6.54 crore equity shares of ₹2 each)
  • Preferential Issue: Allotted 4,93,000 equity shares at ₹13.50 per share (including premium of ₹11.50) upon conversion of 1,50,00,000 warrants

Corporate Governance

  • Board Meetings: 10 meetings held during FY25-26
  • Committee Meetings:
  • Audit Committee: 5 meetings
  • Nomination and Remuneration Committee: 7 meetings
  • Stakeholders Relationship Committee: 1 meeting
  • Director Attendance:
  • Mrs. Shweta Samir Shah: 7 out of 8 meetings
  • Mr. Kaival Niteshkumar Shah: 8 out of 8 meetings
  • Mr. Pankaj Sharma: 8 out of 8 meetings

Management Commentary Highlights

  • NB Sector Performance: NBFC sector grew 20.8% YoY in September 2023 with improved asset quality (GNPA declined to 4.6% from 5.9%)
  • Economic Outlook: India's economy expected to grow at 6.8% in FY25-26 and nearly 8% in FY26-27
  • Growth Strategy: Focus on enhancing customer lifetime value, expanding into semi-urban/rural markets, strengthening fintech partnerships
  • Investment Services: Indian alternative markets driven by AIFs expected to expand 5x to ₹5.4 trillion by March 2025

Other Material Information

  • Registrar and Share Transfer Agent: Purva Sharegistry India Private Limited, Mumbai
  • Bankers: HDFC Bank Limited

Voting Information

  • E-voting: Through CDSL platform
  • Physical Shareholders: Encouraged to dematerialize shares as securities can only be transferred in dematerialized form per Regulation 40 of Listing Regulations
  • Contact for queries: evoting@purvashare.com or 022-49614132

#Tags: #SeraInvestments #AnnualReport #SEBIDisclosure #Dividend #NBFC #AIF #CorporateGovernance #FinancialResults