UPSURGE INVESTMENT & FINANCE LTD.

Upsurge Investment & Finance Limited confirms no deviation or variation in the use of proceeds raised through the preferential issue of equity shares via warrant conversion for the year ended March 31, 2026. The company raised ₹10,12,87,500 on February 23, 2026, for capital expenditure, working capital, and general corporate purposes, with no deviations reported.

Upsurge Investment & Finance Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026. The results, reviewed by the Audit Committee, show total revenue from operations of ₹5,524.71 Lakhs for the quarter and ₹11,367.29 Lakhs for the year ended March 31, 2026. The meeting concluded at 5:18 P.M. and the results are available on the company website.

Upsurge Investment & Finance Ltd. announced the approval of its audited standalone financial results for the year ended March 31, 2026, during a board meeting held on May 26, 2026. The results, reviewed by the Audit Committee, show total revenue from operations of ₹3,709.53 Lakhs and a profit/(loss) for the period of ₹2,007.14 Lakhs. The meeting commenced at 05:00 P.M. and concluded at 5:18 P.M. Detailed financial information is available on the company's website.

Upsurge Investment & Finance Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the standalone audited financial results for the quarter and financial year ended March 31, 2026, and the audited standalone financial statement of the company. The trading window is closed from April 1, 2026, until 48 hours after the results are made public.

Upsurge Investment & Finance Ltd has announced the closure of its trading window for designated persons from 01st April 2026 until 48 hours after the declaration of audited financial results for the quarter and year ended 31st March 2026. This decision is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. All connected/designated persons and their relatives are advised not to trade in the securities of the company during this period. The date of the board meeting for approving the audited financial results will be informed in due course.

Pratibha Goyal, a promoter, has acquired 10,00,000 shares of Upsurge Investment & Finance Ltd. This acquisition increases her holding to 14.99% from the previous 11.39%. The shares were acquired at a price of Rs. 10/- each, amounting to Rs. 1,00,00,000. The total equity shares of the company before the acquisition were 2,00,71,400, which increased to 2,19,21,400 after the acquisition. The total diluted share/voting capital of the company also increased to 2,19,21,400 after the acquisition.

Dayakrishna Goyal has acquired 4% stake in Upsurge Investment & Finance Ltd. The acquisition was made through open market purchases, as per the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The total shares of Upsurge Investment & Finance Ltd before the acquisition were 2,00,71,400 Equity Shares of Rs. 10/- each, and after the acquisition, the total shares have increased to 2,19,21,400 Equity Shares of Rs. 10/-. The total diluted share/voting capital of the TC after the acquisition/sale is also 2,19,21,400 Equity Shares of Rs. 10/- each.

D.K. Goyal HUF has acquired 15,19,000 shares of Upsurge Investment & Finance Ltd, which is a substantial acquisition under the SEBI regulations. This acquisition has increased D.K. Goyal HUF's holding to 8.75% of the company's total voting rights. The acquisition was made through the allotment of equity shares pursuant to the conversion of warrants on 23rd February, 2026.

Upsurge Investment & Finance Ltd. announced the outcome of their Board Meeting held on 23 February 2026. The Board approved the allotment of 18,50,000 Equity Shares at a premium of Rs. 63/- each to Promoter/ Promoter Group and Strategic Investors (Non-Promoters) following the conversion of Convertible Warrants. The warrants were initially issued and allotted on a preferential basis on 24 August 2024. The allotment is in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and The Companies Act, 2013. The company has received Rs. 10,12,87,500/- from the allottees on conversion of Convertible Warrants.

Upsurge Investment & Finance Ltd. board of directors approved the allotment of 18,50,000 equity shares at a premium of Rs. 63/- each to promoters, promoter group, and strategic investors. This allotment is pursuant to the conversion of convertible warrants issued on 24th August 2024. The company has received Rs. 10,12,87,500/- from the allottees. The equity share capital of the company has increased from Rs. 20,07,14,000/- to Rs. 21,92,14,000/- post allotment.