SI Capital & Financial Services Ltd (530907)

SI Capital & Financial Services announced that its Chief Financial Officer (CFO) and Key Managerial Personnel, Ms. Jayasree V, has resigned citing personal and professional reasons. The resignation became effective as of the close of business hours on November 11, 2026. The company, which has a market cap of approximately Rs 6 Cr and TTM revenue of Rs 4 Cr, has not yet named a successor to the post.

• CFO Ms. Jayasree V resigned citing personal and professional reasons
• Cessation effective from close of business hours on November 11, 2026
• Company is a micro-cap with Rs 6 Cr market capitalization and Rs 4 Cr TTM revenue
• Successor to the CFO role has not yet been announced

SI Capital & Financial Services Ltd has announced a change in Key Managerial Personnel. Ms Jayasree V resigned as Chief Financial Officer effective November 11, 2026, citing personal and professional reasons. To fill the vacancy, the Board has appointed CA Jithendra P V as the new CFO effective November 12, 2026. Jithendra brings over 23 years of post-qualification financial experience across India, the UAE, and Qatar.

• CFO Ms Jayasree V resigned with effect from the close of business hours on November 11, 2026
• CA Jithendra P V appointed as Chief Financial Officer and KMP effective November 12, 2026
• New CFO has over 23 years of post-qualification experience across India, UAE, and Qatar
• Jithendra is a Chartered Accountant (ICAI, 2003) and CPA (USA, AICPA, 2017)

SI Capital & Financial Services Ltd submitted its Statement of Deviation or Variation and Monitoring Agency Report from Brickwork Ratings for the quarter ended September 30, 2026. The company raised ₹757.50 (in lakhs) via a Rights Issue finalized on September 9, 2026. As noted by the Audit Committee, no amount was utilised during the quarter ended September 30, 2026. There has been no deviation or variation reported in the intended use of the funds.

• Total amount raised via Rights Issue stands at ₹757.50 (lakhs)
• Funds were raised on September 9, 2026
• No funds were utilised during the quarter ended September 30, 2026
• Zero deviation or variation reported from the stated objects by monitoring agency Brickwork Ratings

SI Capital & Financial Services Ltd announced its unaudited financial results and limited review report for the quarter ended September 30, 2026. The results were approved by the Board of Directors on November 12, 2026. The detailed financial tables were not included in the primary transmittal filing text. In the previous quarter (Jun 2026), the micro-cap company reported revenue of Rs 1.09 cr and PAT of Rs 0.14 cr against an overall market cap of Rs 6 cr.

• Board approved unaudited results on November 12, 2026
• Results pertain to the quarter ended September 30, 2026
• Submission made under Regulation 33 along with the Limited Review Report
• Detailed P&L figures were not disclosed in the transmittal letter

SI Capital & Financial Services Ltd has announced the resignation of its Chief Financial Officer and Key Managerial Personnel, Ms. Jayasree V, effective from the close of business hours on November 11, 2026. The resignation was tendered citing personal and professional reasons. The micro-cap company, with a market capitalization of Rs 6 Cr and TTM revenue of Rs 4 Cr, has not yet announced a successor for the CFO role. The resignation letter will be submitted separately as required under SEBI regulations.

• CFO Ms. Jayasree V tenders resignation citing personal and professional reasons
• Cessation effective from the close of business hours on November 11, 2026
• Intimation filed under Regulation 30 on November 09, 2026
• Successor appointment not yet disclosed by the company

SI Capital & Financial Services has submitted its Integrated Annual Report for FY 2025-26 and scheduled its 32nd Annual General Meeting for September 18, 2026. In FY26, total income rose 42.7% to Rs 3.73 crore (Rs 373.49 lakhs) with PAT growing 93.6% to Rs 0.33 crore (Rs 33.37 lakhs). The gross loan book expanded 18.5% to Rs 13.63 crore, led by an 87.6% growth in vehicle loans to Rs 6.21 crore. The company highlighted an ongoing Rights Issue to raise Rs 7.58 crore (closing September 3, 2026) to bolster net owned funds.

• FY26 Total Income increased 42.7% to Rs 3.73 crore (PAT rose 93.6% to Rs 33.37 lakhs)
• Gross loan portfolio grew 18.5% to Rs 13.63 crore with vehicle loans surging 87.6% to Rs 6.21 crore
• Reported CRAR stood robust at 40.87% and NPA reduced to 3.48%
• Ongoing Rights Issue to raise Rs 7.58 crore open from August 10 to September 03, 2026

SI Capital & Financial Services Ltd has scheduled its 32nd Annual General Meeting for September 18, 2026. Key agenda items include seeking shareholder approval for an enabling resolution to issue Non-Convertible Debentures (NCDs) on a private placement basis up to Rs 10 crore. Additionally, the company is seeking approval for the revision of remuneration payable to Managing Director Anto Mekkattukulam Jayson effective April 1, 2026. The Rs 10 crore borrowing ceiling is significant compared to the company's current market capitalization of Rs 8 crore and FY26 revenue of Rs 3.71 crore.

• 32nd AGM scheduled for September 18, 2026, via Video Conferencing.
• Enabling resolution proposed to raise up to Rs 10 crore through private placement of NCDs within one year.
• Special resolution proposed for revision in remuneration of Managing Director Mr. Anto Mekkattukulam Jayson effective April 1, 2026.
• Ordinary business includes adoption of FY26 audited accounts and retirement by rotation of two directors.

SI Capital & Financial Services has dispatched the notice for its 32nd Annual General Meeting scheduled for September 18, 2026. Key special resolutions include an enabling approval to raise up to ₹10 Crore via private placement of Non-Convertible Debentures (NCDs) over the next year and a revision of MD remuneration. The ₹10 Crore NCD borrowing limit is substantial compared to the company's current market cap of ~₹8 Crore and net worth of ~₹6 Crore.

• AGM scheduled for September 18, 2026, at 11:30 AM IST via Video Conferencing
• Special resolution proposed to raise up to ₹10 Crore through private placement of NCDs
• Proposed NCD limit represents ~125% of the company's current market cap of ₹8 Crore
• Resolution proposed for revision in remuneration of Managing Director Anto Mekkattukulam Jayson effective April 1, 2026
• Re-appointment of directors T.B. Ramakrishnan and Jitha Chummar retiring by rotation

SI Capital & Financial Services' Board approved seeking shareholder approval at the AGM on September 18, 2026, to issue Non-Convertible Debentures (NCDs) up to Rs 10 crore. This proposed debt limit represents ~125% of the company's current market cap of Rs 8 crore and exceeds its net worth of Rs 6 crore. The board also recommended increasing the Managing Director's fixed remuneration from Rs 75,000 to Rs 1,25,000 per month effective April 1, 2026. Both resolutions will be placed before shareholders at the upcoming 32nd AGM.

• Shareholder approval sought for NCD issuance up to Rs 10 Crore limit
• MD fixed monthly pay proposed to increase from Rs 75,000 to Rs 1,25,000 effective April 1, 2026
• MD profit-share hurdle revised to 15% of PBT exceeding Rs 70 Lakhs (previously Rs 60 Lakhs)
• 32nd Annual General Meeting scheduled for September 18, 2026

SI Capital & Financial Services Ltd has scheduled a Board of Directors meeting on August 20, 2026. The board will consider seeking shareholder approval for the issuance of Non-Convertible Debentures (NCDs) at the upcoming Annual General Meeting. Additionally, the board will review and approve the Annual Report for FY26 and finalize AGM details. Specific borrowing amounts and terms for the NCD issue remain undisclosed at this stage.

• Board meeting scheduled for August 20, 2026.
• Proposal to seek shareholder approval for Non-Convertible Debentures (NCD) issuance.
• Board to review and approve Annual Report for the fiscal year ended March 31, 2026.
• Convening and drafting notice for the upcoming Annual General Meeting.

SI Capital & Financial Services has finalized the record date of July 31, 2026, for its ₹7.575 crore rights issue. The company will issue up to 75.75 lakh shares at a price of ₹10 each, representing a significant discount to the current market price of ₹29.7. The entitlement ratio is 3:2, meaning eligible shareholders can subscribe to 3 new shares for every 2 held. This fundraise is highly material, representing approximately 50% of the current market capitalization and exceeding the company's total net worth of ₹6 crore.

• Rights issue size of up to ₹757.50 Lakhs (₹7.575 Cr) at a price of ₹10 per share
• Entitlement ratio fixed at 3:2 (3 new shares for every 2 existing shares held)
• Record date for eligibility set as July 31, 2026, with the issue opening on August 10, 2026
• Total outstanding equity shares to increase from 50.50 lakh to 126.25 lakh post-issue (150% increase)
• Last date for on-market renunciation of Rights Entitlements (RE) is August 28, 2026

SI Capital & Financial Services approved its unaudited financial results for the quarter ended June 30, 2026, in a board meeting held on July 24, 2026. The company operates as a micro-cap entity with a market capitalization of only Rs 15 Cr and TTM revenue of Rs 4 Cr. Given its relatively high debt-to-equity ratio of 1.40 (Rs 8 Cr debt), quarterly performance is critical for monitoring solvency. The previous quarter (Mar 2026) reported a modest net profit of Rs 0.13 Cr on revenue of Rs 1.02 Cr.

• Board meeting held on July 24, 2026, to approve the unaudited financial results.
• Results cover the first quarter of the 2026-27 fiscal year (ended June 30, 2026).
• Company maintains a small scale with TTM revenue of approximately Rs 4 Cr.
• Debt levels remain significant for its size at Rs 8 Cr against a Rs 6 Cr net worth.
• Promoter holding has remained stagnant at 39.47% as of June 2026.

SI Capital & Financial Services Ltd has responded to a BSE surveillance query regarding recent price movements. In its filing dated July 16, 2026, the company stated that there is no undisclosed material information or announcement that could impact the stock's price behavior. The management maintains that the price fluctuations are purely market-driven and that the company remains in compliance with SEBI Regulation 30. This follows a period where the stock has declined by 34.9% over the last three months.

• BSE issued a clarification request via Letter No. L/SURV/ONL/PV/SJ/2026-2027/4066 on July 15, 2026.
• Company responded on July 16, 2026, confirming all material events have been disclosed.
• Stock price has experienced a 34.9% decline over the trailing 3-month period.
• Management stated the price movement is purely market-driven and beyond company control.