Revised Outcome of EGM held on December 23, 2025
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Pro Fin Capital Services Ltd held its Extra Ordinary General Meeting on December 23, 2025, from 11:30 AM to 12:15 PM at its registered office in Borivali East, Mumbai. Two special business items were transacted: (1) an increase in the Authorized Share Capital and alteration of the Capital Clause of the Memorandum of Association, and (2) the issue of bonus shares in a 1:1 ratio — one new fully paid-up equity share of ₹1 each for every one existing share of ₹1 each. Pre-bonus issued and paid-up share capital stands at 29,62,97,163 equity shares, which will rise to 59,25,94,326 shares post-bonus. The bonus is being issued out of free reserves and retained earnings, requiring capitalisation of approximately ₹29.63 crore; the company had ₹53.18 crore in reserves as of 30 September 2025. Bonus shares are expected to be credited by 15 January 2026. Voting results and the scrutiniser's report are to be filed separately.
A 1:1 bonus doubles the shareholder count without changing the company's market value, so the share price will mechanically halve on the ex-bonus date, while each investor's total holding value remains unchanged in the short term. The move signals management's confidence in capital adequacy and rewards existing shareholders, though it dilutes EPS on a per-share basis going forward.