PMC Fincorp Allots ₹23.58 Crore Warrants to Non-Promoters, Appoints New Executive Director

PMC Fincorp Limited announced major corporate developments on February 17, 2026, including a substantial warrant allotment and key leadership appointment. The company's board approved the allotment of 9,00,00,000 fully convertible warrants worth ₹23.58 crores to non-promoter entities and the appointment of a new Executive Director. Warrant Allotment Details The board approved the allotment of 9,00,00,000 fully convertible warrants at an issue price of ₹2.62 per warrant on a preferential basis to six non-promoter entities for an aggregate amount of ₹23.58 crores. Allottee Category Warrants Allotted Animax Ventures Private Limited Non-promoter 1,00,00,000 Puneet Arora Non-promoter 54,00,000 RSP Ventures through Sahil Kumar Non-promoter 70,00,000 Stellant Securities (India) Limited Non-promoter 2,00,00,000 Subhash Phootarmal Rathod Non-promoter 4,40,00,000 Promila Chaddha Non-promoter 36,00,000 Total 9,00,00,000 Following this allotment, the company's paid-up equity share capital on a fully diluted basis increased to ₹80,20,81,600, comprising 80,20,81,600 equity shares of face value Re. 1 each. Executive Director Appointment Based on the recommendation of the Nomination and Remuneration Committee, the board unanimously approved the appointment of Puneet Arora (DIN: 03056312) as Additional Director designated as Executive Director, effective February 17, 2026. Parameter Details Appointment Date February 17, 2026 Term Duration Five years (subject to shareholder approval) Designation Executive Director DIN 03056312 Professional Background Puneet Arora brings over sixteen years of diverse experience as a seasoned Chartered Accountant and finance professional. His expertise spans multiple areas including: Financial Markets: Equity trading, capital markets operations, and portfolio structuring Audit & Assurance: Financial reporting, internal controls, and statutory compliance Investment Management: Active involvement in Alternative Investment Fund (AIF) structures Proprietary Trading: Shareholder in proprietary broking entity Debt Syndication: Structuring and arranging debt financing solutions for corporate clients Arora's core competencies include financial markets operations, regulatory compliance, corporate governance, and strategic capital allocation. His diversified sector exposure is expected to enhance the company's structured growth planning and governance excellence. Regulatory Compliance The company confirmed that Puneet Arora is not debarred from accessing capital markets or restrained from holding director positions by SEBI or any other regulatory authority. The appointment follows all regulatory requirements under SEBI LODR regulations and related circulars. The board meeting was conducted on February 17, 2026, commencing at 3:30 PM and concluding at 4:20 PM, with all decisions made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. PMC Fincorp Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showing a notable decline in profitability compared to previous periods. The Board of Directors approved these results during a meeting held on February 14, 2026. Financial Performance Overview The company's financial performance for Q3FY26 reflects significant challenges, with key metrics showing substantial declines across multiple parameters. Metric Q3FY26 Q2FY26 Q3FY25 Change (QoQ) Change (YoY) Total Revenue ₹495.43 lakhs ₹505.70 lakhs ₹512.99 lakhs -2.03% -3.42% Net Profit ₹51.95 lakhs ₹195.40 lakhs ₹379.19 lakhs -73.41% -86.30% EPS (₹) 0.01 0.03 0.05 -66.67% -80.00% Revenue Analysis The company's revenue composition for Q3FY26 showed mixed performance across different income streams. Interest income, the primary revenue source, declined to ₹464.94 lakhs from ₹479.19 lakhs in the previous quarter. Other significant contributors included net gain on fair value changes of ₹15.47 lakhs and other income of ₹12.70 lakhs. Nine-Month Performance For the nine months ended December 31, 2025, PMC Fincorp's performance showed a contrasting trend compared to the corresponding period last year. Parameter 9M FY26 9M FY25 Change (%) Total Income ₹1,472.54 lakhs ₹2,030.30 lakhs -27.46% Net Profit ₹656.01 lakhs ₹1,503.58 lakhs -56.36% EPS (₹) 0.09 0.21 -57.14% Expense Management Total expenses for Q3FY26 increased significantly to ₹394.06 lakhs compared to ₹241.52 lakhs in Q2FY26. The major expense components included finance costs of ₹88.18 lakhs, employee benefits expense of ₹28.70 lakhs, and other expenses of ₹79.62 lakhs. Notably, the company reported a loss on sale of investments amounting to ₹195.90 lakhs during the quarter. Key Financial Ratios The company maintained stable financial ratios despite the profit decline: Ratio Q3FY26 Previous Year Debt-Equity Ratio 0.26 0.27 Net Worth ₹17,955.68 lakhs ₹16,902.86 lakhs Net Profit Margin 10.48% 66.39% Book Value ₹2.52 ₹2.37 Corporate Governance The financial results underwent a limited review by the company's statutory auditors, M/s Sunil K. Gupta & Associates. The audit committee reviewed and the Board of Directors approved these results in compliance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The board meeting commenced at 01:00 P.M. IST and concluded at 01:40 P.M. IST on February 14, 2026. The company has made these financial results available on its website at www.pmcfincorp.com and will also be accessible through the BSE website, ensuring transparency and accessibility for stakeholders and investors. 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. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.