Intimation of Shareholders'' Meeting as on Wednesday, 10th December, 2025 at 03:00 P.M.
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Unifinz Capital India Limited has called an Extra Ordinary General Meeting (EGM) on Wednesday, December 10, 2025 at 3:00 PM via video conferencing. Shareholders will vote on six resolutions including: (1) appointment of Mr. Manish Aggarwal as Non-Executive and Non-Independent Director, (2) appointment of Mrs. Ritu Sharma as Non-Executive and Non-Independent Woman Director, and (3) appointment of Mr. Shubh Charn Bansal as Independent Director for a 5-year term ending October 13, 2030. The most significant item is a proposal to issue bonus shares in a 4:1 ratio (4 bonus shares for every 1 existing share), capitalizing up to Rs. 35.41 crore from free reserves and securities premium. Additionally, the company seeks approval for the UCIL ESOP 2025 stock option plan covering up to 50 lakh equity shares, along with permission to grant ESOP options exceeding 1% of issued capital to identified employees. The cut-off date for e-voting eligibility is December 3, 2025, and remote e-voting runs from December 7-9, 2025.
The 4:1 bonus issue is the most material item for shareholders, potentially increasing share count fivefold while reducing per-share price proportionally (no change in overall value). The director appointments strengthen board composition, including adding an independent director and a woman director. The ESOP plan of up to 50 lakh shares introduces future dilution but aligns employee incentives with shareholders.