Ad-Manum Finance Approves Quarterly Results and Announces Memorandum Changes at Board Meeting

Ad-Manum Finance Approves Quarterly Results and Announces Memorandum Changes at Board Meeting​

Ad-Manum Finance Ltd held its Board of Directors meeting on Friday, July 24, 2026, concluding the decision-making processes for key operational updates, financial reporting, and corporate structure amendments. The board reviewed and approved several critical items relating to the company’s performance and constitution.

Key decisions made during the meeting included the consideration and approval of the Unaudited Financial Results for the Quarter ended June 30, 2026. Management also took on record the Limited Review Report from the Statutory Auditors concerning the un-audited financial statements for that quarter, along with the CEO & CFO Certificate. Furthermore, the Board approved the Corporate Governance Report and the Board Report pertaining to the Financial Year 2025-26.

Corporate Structure and Objectives Alteration​

A significant focus of the meeting was the modernization of the company's foundational documents. The board considered and approved the adoption of a new set of the Memorandum of Association (MOA) as per Table -A of Schedule I of Companies Act, 2013, subject to shareholder approval. Relatedly, the alteration of the Object Clause of the MOA was also approved by the board, substituting the existing Sub-clause 3 of Clause III(A), which is also subject to shareholder sanction.

The corporate objectives were further streamlined as the meeting approved the deletion of Clause 3(c) (Other Objects) and incorporated an additional clause under Clause 3(b) of the Memorandum of Association titled "Matters which are Necessary for Furtherance of the Objects Specified in Clause 3(a) are."

General Meetings and Appointment​

The directors considered and approved the Notice of the company's 40th Annual General Meeting (AGM). The meeting also finalized the Cut-off Date designated for remote e-voting and e-voting processes at the upcoming AGM.

In preparation for the 39th Annual General Meeting, the board considered and approved the appointment of CS Ishan Jain, Proprietor of M/s Ishan Jain & Co., as the Scrutinizer. This role is responsible for conducting the voting process (e-Voting and Poll Voting) in a fair and transparent manner.

Financial Reporting Updates​

The company confirmed that the Un-audited Standalone Financial results will be submitted in PDF format and Integrated XBRL within the stipulated timeframe. These financial results are scheduled to be hosted on the official website, www.admanumfinance.com, and will also be published in widely circulated English and Hindi newspapers in the prescribed format.

Management stated that the date of the 40th Annual General Meeting, along with the book closure and Cut-off Date for remote e-voting and e-voting at the AGM, will be intimated in due course.

Stock Price Movement​

Ad-Manum Finance Ltd shares settled at ₹55.06 after the close of trading today, marking a 2.23% gain. The stock traded within a volatile range throughout the day, hitting an intraday low of ₹54.07 and peaking at a high of ₹59.98.