We are hereby submitting the Outcome of Board Meeting held today ie., 30th August, 2025, Saturday to consider various matters.
Awaiting price reaction for this filing.
The board of Pasupati Fincap Ltd approved eight items in a meeting held on 30 August 2025. It appointed M/s. Akash & Co. as the Secretarial Auditor and DPA & Co. as the Internal Auditor, both for a five-year term starting FY 2025-26. The books of account will be shifted from Haryana to Sahibabad, Ghaziabad (UP), which will also serve as the new Corporate Office. The 30th Annual General Meeting was scheduled for 30 September 2025 via video conferencing, and the Board’s Report for FY25 was approved. Notably, the board approved a major alteration to the Object Clause of the Memorandum of Association, adding textile, yarn, plastic, and general trading businesses alongside its existing financial activities. The registered office will also be shifted from Haryana to the National Capital Territory of Delhi, subject to shareholder and Regional Director approval.
The most material change is the proposed shift in the company's core business scope — moving from a pure financial services entity (fincap) toward manufacturing and trading of textiles, yarn, and plastic products. Shareholders should watch for the AGM vote on 30 September 2025, as the object clause change and registered office shift to Delhi both require member approval and could reshape the company's future direction.