Book Closure for the purpose of EGM mentioned in the attached letter,
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India Finsec Ltd has called an Extra-Ordinary General Meeting on Friday, April 24, 2026 at 11:30 AM, to be held via video conferencing. The EGM has two special business items: (1) approval for an Initial Public Offering (IPO) of its subsidiary IFL Finance Limited (formerly IFL Housing Finance Limited), involving a fresh issue of equity shares and/or an Offer for Sale by existing shareholders, with proposed listing on BSE and/or other recognised stock exchanges; and (2) the re-appointment of Mr. Devi Dass Agarwal (DIN: 09152596) as Independent Director for a second term of five consecutive years from July 1, 2026 to June 30, 2031. The Register of Members and Share Transfer Books will remain closed from April 17, 2026 to April 24, 2026. The cut-off date for e-voting eligibility is April 17, 2026, and remote e-voting runs from April 21 (9:00 AM) to April 23, 2026 (5:00 PM) via NSDL.
This is a procedural filing, but the proposed IPO of the subsidiary could be a significant value-unlocking event for shareholders, subject to shareholder approval and market/regulatory conditions. Shareholders should note the book closure period (April 17–24, 2026) during which no share transfers will be processed, and ensure they are on the shareholder records by April 17, 2026 to be eligible to vote on the resolutions.