Pasupati Fincap Limited Issues Correction Notice for Capital Reduction Disclosure Errors

Pasupati Fincap Limited has issued a correction notice to BSE Limited addressing typographical errors in its previous board meeting disclosure regarding capital reduction. The notice, dated February 12, 2026, and signed by Whole Time Director Anil Malik, pertains to corrections in the outcome of the board meeting held on February 09, 2026. The company identified inadvertent typographical and clerical errors in the figures mentioned under Annexure-II of its original capital reduction announcement. The revised disclosure has been submitted to comply with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Capital Reduction Scheme Details The proposed capital reduction scheme involves significant restructuring of the company's equity capital structure. The plan contemplates cancellation and extinguishment of equity shares on a pro-rata basis to realign the company's capital base. Parameter Before Reduction After Reduction Paid-up Capital ₹4,70,00,000 ₹23,50,000 Number of Shares 47,00,000 2,35,000 Shares to be Cancelled - 44,65,000 Face Value per Share ₹10 ₹10 Financial Impact and Objectives The capital reduction aims to address the company's accumulated losses and improve its financial position. The scheme will result in setting off a substantial portion of past losses against the reduced share capital. Financial Aspect Amount Amount to be Set Off ₹4,46,50,000 Total Accumulated Losses ₹5,35,37,249.50 Remaining Losses Post-Reduction ₹88,87,249.50 The board believes this capital reduction is necessary to provide a true and fair view of the company's financial position by eliminating a substantial portion of accumulated losses from the balance sheet. Shareholding and Benefits The restructuring maintains fairness among existing shareholders while simplifying the capital structure. Key aspects include: Pro-rata cancellation: All shares will be cancelled proportionally Unchanged ownership: Relative shareholding percentages remain the same No consideration: No payment to shareholders for cancelled shares No promoter benefit: No specific benefit accrues to promoter/promoter group The capital reduction is designed to enhance financial ratios and overall capital efficiency without impacting the economic interest of existing shareholders. The simplified capital structure will provide a clearer depiction of the company's financial position while improving its net worth through the elimination of past losses. Pasupati Fincap Limited has announced its unaudited financial results for the quarter ended December 31, 2025, marking the third quarter of fiscal year 2026. The company published these results in newspapers pursuant to Regulation 47 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Financial Performance Overview The company's financial performance for Q3 FY26 shows mixed results with operational income generation but continued losses. The financial metrics demonstrate the company's ongoing challenges in achieving profitability. Metric: Q3 FY26 (₹ lakhs) Nine Months FY26 (₹ lakhs) Q3 FY25 (₹ lakhs) FY25 (₹ lakhs) Total Income from Operations: 3.62 8.95 - - Net Loss Before Tax: (8.05) (22.21) (1.83) (35.19) Net Loss After Tax: (8.05) (22.21) (1.83) (35.19) Earnings Per Share (Basic): (0.17) (0.47) (0.04) (0.75) Earnings Per Share (Diluted): (0.17) (0.47) (0.04) (0.75) Capital Structure and Share Information Pasupati Fincap Limited maintains a stable equity share capital structure throughout the reporting periods. The company's equity share capital remained constant at ₹470.00 lakhs across all reported periods, with shares having a face value of ₹10 each. Corporate Governance and Compliance The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in their meeting held on February 9, 2026. The company's statutory auditors conducted a limited review of the financial results in accordance with Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. Publication and Disclosure In compliance with regulatory requirements, Pasupati Fincap Limited published the financial results in Financial Express (English) and Jansatta (Hindi) editions dated February 11, 2026. The complete format of the quarterly financial results is available on the Bombay Stock Exchange website at www.bseindia.com and the company's website at www.pasupatifincap.co.in . Company Information Pasupati Fincap Limited operates with its registered office located at Shop No. 37 Shanker Market, Connaught Place, Central Delhi, and corporate office at 3rd Floor, 56/33, Site-IV, Industrial Area, Sahibabad, Ghaziabad, Uttar Pradesh. The company is incorporated under CIN: L22207DL1996PLC461661 and trades on BSE with scrip code 511734 and symbol PASUFIN. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. 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