V.B.DESAI FINANCIAL SERVICES LTD.

V B Desai Financial Services Ltd has submitted its 40th Annual Report for the Financial Year 2025-26, along with the Notice of the Annual General Meeting (AGM). The report details the company's performance and governance for the fiscal year ending March 31, 2026. Key information includes the Board of Directors, Auditors, Bankers, and Registrar & Share Transfer Agent. The AGM will be held on September 17, 2026, to adopt financial statements and appoint directors. A special resolution is proposed for the appointment of Mr. Hemendra Jitendra Shroff as Executive Director cum Chief Financial Officer for five years.

V B Desai Financial Services Ltd has announced its 40th Annual General Meeting (AGM) will be held on September 17, 2026, at 11:30 am via Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting agenda includes the adoption of the Profit and Loss Account and Balance Sheet for the year ended March 31, 2026, the appointment of a director retiring by rotation, and the appointment of Mr. Hemendra Jitendra Shroff as Executive Director cum Chief Financial Officer for a five-year term. Additionally, Mr. Suraj R. Vishwakarma is proposed for appointment as a Non-executive Independent Director. The AGM notice and Annual Report are available on the company's website.

V B Desai Financial Services Ltd has announced a book closure period from September 11, 2026, to September 16, 2026. This closure is for the purpose of the company's 40th Annual General Meeting (AGM) scheduled for Thursday, September 17, 2026. During this period, the Register of Members and Share Transfer Books will be closed. Additionally, the company has specified a remote e-voting period from September 14, 2026, to September 16, 2026, with a cut-off date of September 10, 2026, for determining e-voting rights.

V B Desai Financial Services Ltd announced board changes effective August 17, 2026. Mr. Suraj Ravishchandra Vishwakarma has been appointed as a Non-Executive Independent Director, bringing expertise in Cyber Law, Criminal Law, and Civil Law with over 10 years of experience. Mr. Hemendra Jitendra Shroff, previously a Non-executive, Non-Independent Director, has been appointed as Non-Independent Executive Director cum Chief Financial Officer, with over 27 years of experience in Investment Banking. Following these appointments, several board committees, including Audit, Nomination and Remuneration, Stakeholders Grievance, and Risk Management, have been reconstituted.

V B Desai Financial Services Ltd has announced the sad demise of Mr. Shashank Shripad Vijayakar, the company's Chief Financial Officer and a Key Managerial Person. The cessation of his role is effective from August 09, 2026. The company has provided the necessary disclosures as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, detailing the event as a demise. No directorships in other listed companies were held by Mr. Vijayakar.

V B Desai Financial Services Ltd announced that its Board of Directors met on July 29, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026, with an unmodified opinion from the auditors on the standalone financial results. Additionally, the board accepted the resignation of Mr. Nilesh Ramanlal Doshi, Independent Director and Chairman, effective the same date, citing health reasons. The meeting commenced at 11:45 am and concluded at 12:30 pm.

V B Desai Financial Services Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on July 29, 2026. The company also accepted the resignation of Mr. Nilesh Ramanlal Doshi, Independent Director and Chairman, due to health reasons, effective the same date. The auditors provided an unmodified opinion on the standalone financial results.

V B Desai Financial Services Ltd announced the outcome of its Board Meeting held on July 29, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026. The auditors provided an unmodified opinion on the standalone financial results. Additionally, the board accepted the resignation of Mr. Nilesh Ramanlal Doshi, Independent Director and Chairman, effective July 29, 2026, due to health reasons. The meeting commenced at 11:45 am and concluded at 12:30 pm.

V B Desai Financial Services Ltd has announced that its Board of Directors will convene on July 29, 2026. The primary agenda item is to consider and approve the unaudited financial results for the quarter ending June 30, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will also address any other business as permitted by the Chair and agreed upon by the directors.

V B Desai Financial Services Ltd has announced the closure of its trading window for designated persons. This closure will be effective from July 1, 2026, and will remain in effect for 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The specific date of the board meeting to consider these results will be communicated separately. The trading window will reopen 48 hours post-declaration of the financial results.