Kreon Finnancial Services530139Board key decisions

Board approves unaudited results for quarter and half-year ended September 30, 2026; postal ballot on reward for Executive Directors

Board meeting on October 26, 2026 considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2026, along with the Statements of Assets and Liabilities.

By ScoutQuest · Mon 26 Oct 2026, 6:15 PM IST · 2 min read

Board meeting date: October 26, 2026
Postal ballot cut-off date: Friday, October 30, 2026
E-voting agency / Scrutinizer: Purva Sharegistry (India) Pvt Ltd; Lakshmmi Subramanian & Associates

Financial results approved

The Board considered and approved the unaudited financial results of the company for the quarter and half-year ended September 30, 2026, together with the Statements of Assets and Liabilities and the Statements of Cash Flows. The Limited Review Report issued by M/s. Darpan & Associates, Chartered Accountants, Statutory Auditors, was also part of what the Board approved. A copy of the unaudited financial results, along with the Limited Review Report, is to be submitted separately.

Postal ballot on reward for Executive Directors

The Board approved the notice of a postal ballot that seeks the approval of the members, through remote e-voting, for the payment of the "StuCred Anniversary Reward" to the Executive Directors of the company. This means the payment will be put to a shareholder vote rather than decided by the Board alone.

Key dates and roles

Cut-off date for reckoning voting rights and for ascertaining which members will receive the postal ballot notice: Friday, October 30, 2026.
M/s. Purva Sharegistry (India) Private Limited appointed as the agency responsible for managing the e-voting process in the postal ballot, with written consent received.
M/s. Lakshmmi Subramanian & Associates, Practising Company Secretaries, appointed as Scrutinizer to conduct the postal ballot process in a fair and transparent manner, with written consent received.

Compliances noted

The Board took note of compliances for the quarter ended September 30, 2026.

Meeting timing

The meeting of the Board of Directors commenced at 04:30 PM and concluded at 05:36 PM.

What this means for readers

The update records the Board's approval of the quarterly and half-yearly results and of the auditor's Limited Review Report; the results statements themselves are to be shared separately.
The reward payment to Executive Directors is being routed through a postal ballot, so shareholders have a chance to vote on it, with the cut-off date set at October 30, 2026.
Names of the e-voting agency and the Scrutinizer are confirmed, which is part of setting up the postal ballot process.

Also from Kreon Finnancial Services