Finkurve Financial Services logo

Finkurve Financial Services MD, chairman, board of directors and AGM

NSE: FINKURVEBSE: 508954FinanceSmall Cap

Last close ₹62.65down ₹0.57 (0.90%)BSE ₹61.79

Share price at the NSE close on 23 Oct 2026. Previous close ₹63.22.

52-week range of traded prices to 23 Oct 2026
₹48.02Low, 30 Mar 2026₹125.00High, 23 Oct 2025
Market cap
₹878 Cr1,472nd largest listed
P/E
29.9
P/B
2.5
Dividend yield
Nonein the last 12 months
ROE
10.7%
NIM
20.60%
Cost of funds
8.99%
Credit cost
2.96%
ROA
3.04%
Leverage
3.10times net worth
Volume, NSE
30,96573.1% delivered

Finkurve Financial Services board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonKetan Kothari
  • Company Secretary and Compliance Officerkajal parmar

7 directors4 independent1 executive2 non-executive

  • Ketan Kothari · ChairpersonNon-executive · joined Dec 2010 · reappointed Sep 2021 · 1 listed board · 1 committee seat, 1 as chair
  • Priyank Rakesh KothariExecutive · joined May 2021 · reappointed Sep 2023 · 1 listed board · 1 committee seat
  • Nishant Tolchand RankaIndependent · joined Mar 2018 · reappointed Sep 2022 · 102 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • Himadri BhattacharyaIndependent · joined Nov 2024 · 22 months as independent · 1 listed board · 1 as independent
  • Cavale RaghupathiIndependent · joined Nov 2024 · 22 months as independent · 1 listed board · 1 as independent
  • Aastha Vishal SolankiIndependent · joined Jun 2024 · 26 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Rajendran Chinna VeerappanNon-executive · joined Apr 2026 · 2 listed boards · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Narendra Champalal Jain, left 30 Aug 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 1 Sep 20264 of 7 present2 independent · 18 days in between
    • 13 Aug 20267 of 7 present4 independent · 16 days in between
    • 27 Jul 20265 of 7 present3 independent · 31 days in between
    • 25 Jun 20266 of 7 present4 independent · 9 days in between
    5 earlier meetings
    • 15 Jun 20265 of 7 present3 independent · 11 days in between
    • 3 Jun 20264 of 7 present2 independent · 13 days in between
    • 20 May 20267 of 7 present4 independent · 6 days in between
    • 13 May 20265 of 7 present3 independent · 18 days in between
    • 24 Apr 20264 of 6 present3 independent
  • Audit Committee

    Chair Nishant Tolchand Ranka

    Priyank Rakesh Kothari, Aastha Vishal Solanki

    • 13 Aug 20263 of 3 present2 independent · 16 days in between
    • 27 Jul 20263 of 3 present2 independent · 53 days in between
    • 3 Jun 20263 of 3 present2 independent · 13 days in between
    • 20 May 20263 of 3 present2 independent · 6 days in between
    1 earlier meeting
    • 13 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Nishant Tolchand Ranka

    Ketan Kothari, Aastha Vishal Solanki

    • 13 Aug 20263 of 3 present2 independent · 48 days in between
    • 25 Jun 20263 of 3 present2 independent
    • 24 Apr 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair Ketan Kothari

    Nishant Tolchand Ranka, Aastha Vishal Solanki

    • 25 Jun 20262 of 3 present2 independent
  • Corporate Social Responsibility Committee

    Chair Ketan Kothari

    Nishant Tolchand Ranka, Aastha Vishal Solanki

    • 3 Jun 20263 of 3 present2 independent
  • INDEPENDENT DIRECTOR'S COMMITTEE

    Chair Nishant Tolchand Ranka

    Aastha Vishal Solanki, Cavale Raghupathi, Himadri Bhattacharya

    No meeting listed in the filing.

  • FINANCE COMMITTEE

    Chair Priyank Rakesh Kothari

    Ketan Kothari, Nishant Tolchand Ranka

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Ladha Singhal & AssociatesPeer-review certificate valid to Jan 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Finkurve Financial Services AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Finkurve Financial Services share news and announcements

Annual general meeting, 30 Sep 2026

4,058 shareholders on the register on 23 Sep 2026; present: 6 promoters and 41 others; votes counted by Mayank Arora / Mayank Arora and Co..The company's voting result (opens in a new tab)

  1. Adoption of audited financial statements for the financial year ended March 31, 2026, along with Board Report and Audit Report
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 57.08% · promoters 100.00% · institutions 0.00% · other public 1.99%

  2. Appointment of Mr. Ketan Kothari (DIN: 00230725), as a director, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 38.86% · promoters 67.59% · institutions 0.00% · other public 1.99%

  3. Approval of Material Related Party Transactions pertaining to grant of loans to Related Parties from the conclusion of 42nd Annual General Meeting till the conclusion of 43rd Annual General Meeting to be held in the Year 2027.MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.87% · promoters 0.00% · institutions 0.00% · other public 1.99%

  4. Approval of Material Related Party Transactions pertaining to acceptance of loans from Related Parties from the conclusion of 42nd Annual General Meeting till the conclusion of 43rd Annual General Meeting to be held in the Year 2027.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.87% · promoters 0.00% · institutions 0.00% · other public 1.99%

  5. Approval of Material Related Party Transactions pertaining to making payment/Receiving payment towards Service Fees, Commission and other charges to/from M/s. Augmont Goldtech Private Limited from the conclusion of 42nd Annual General Meeting till the conclusion of 43rd Annual General Meeting to be held in the Year 2027.MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.87% · promoters 0.00% · institutions 0.00% · other public 1.99%

  6. Power to borrow funds pursuant to the provisions of Section 180(1) (c) of the Companies Act, 2013, not exceeding ₹ 5000 Crore (Rupees Five Thousand Crore Only)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 57.08% · promoters 100.00% · institutions 0.00% · other public 1.99%

  7. Increase in threshold of loans/ guarantees, providing of securities and making of investments in securities under section 186 of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 57.08% · promoters 100.00% · institutions 0.00% · other public 1.99%

  8. Approve the Issue of Non – Convertible Debentures on Private Placement Basis.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 57.08% · promoters 100.00% · institutions 0.00% · other public 1.99%

  9. Continuation of the Directorship of Mr. Himadri Bhattacharya (DIN: 02331474), as Non-Executive Independent Director of the Company, post attaining the age of 75 (Seventy-Five) Year
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 57.08% · promoters 100.00% · institutions 0.00% · other public 1.99%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 Jul 2026, 2 resolutions

3,476 shareholders on the register on 4 Jul 2026; votes counted by Mayank Arora / M/s Mayank Arora & Co..The company's voting result (opens in a new tab)

  1. Appointment of Mr. Rajendran Chinna Veerappan (DIN: 00460061) as a Director (Non-Executive, Non-Independent) of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

  2. To approve the modification of the Material Related Party Transaction(s) pertaining to acceptance of loans from related parties
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 11.93% · promoters 11.48% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2025, 10 resolutions

2,844 shareholders on the register on 23 Sep 2025; present: 6 promoters and 25 others; votes counted by Mayank Arora / Mayank Arora and Co..The company's voting result (opens in a new tab)

  1. APPROVAL AND ADOPTION OF THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREIN
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.57% · promoters 99.49% · institutions 0.00% · other public 1.50%

  2. REAPPOINTMENT OF MR. KETAN KOTHARI (DIN: 00230725), DIRECTOR, LIABLE TO RETIRE BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.57% · promoters 99.49% · institutions 0.00% · other public 1.50%

  3. APPROVAL AND APPOINTMENT OF M/S. LADHA SINGHAL & ASSOCIATES, CHARTERED ACCOUNTANTS (FIRM REGISTRATION NO. 120241W) STATUTORY AUDITORS OF THE COMPANY AND FIX THEIR REMUNERATION
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.57% · promoters 99.49% · institutions 0.00% · other public 1.50%

  4. APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO GRANT OF LOANS TO RELATED PARTIES FROM THE CONCLUSION OF 41ST ANNUAL GENERAL MEETING TILL THE CONCLUSION OF 42ND ANNUAL GENERAL MEETING TO BE HELD IN THE YEAR 2026MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 38.33% · promoters 67.08% · institutions 0.00% · other public 1.50%

  5. APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO ACCEPTANCE OF LOANS FROM RELATED PARTIES FROM THE CONCLUSION OF 41ST ANNUAL GENERAL MEETING TILL THE CONCLUSION OF 42ND ANNUAL GENERAL MEETING TO BE HELD IN THE YEAR 2026MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 38.33% · promoters 67.08% · institutions 0.00% · other public 1.50%

  6. APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS PERTAINING TO MAKING PAYMENT/RECEIVING PAYMENT TOWARDS SERVICE FEES, COMMISSION AND OTHER CHARGES (INCLUDING BRAND USAGE AND TECH SUPPORT) TO/FROM M/S. AUGMONT GOLDTECH PRIVATE LIMITED FROM THE CONCLUSION OF 41ST ANNUAL GENERAL MEETING TILL THE CONCLUSION OF 42ND ANNUAL GENERAL MEETING TO BE HELD IN THE YEAR 2026MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 38.33% · promoters 67.08% · institutions 0.00% · other public 1.50%

  7. APPOINTMENT OF M/S. MAYANK ARORA & CO., PRACTICING COMPANY SECRETARIES, A PEER REVIEWED FIRM (CERTIFICATE OF PRACTICE NUMBER: 13609 / PEER REVIEW CERTIFICATE NUMBER: 5923/2024) AS SECRETARIAL AUDITORS OF THE COMPANYMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.57% · promoters 99.49% · institutions 0.00% · other public 1.50%

  8. APPROVAL OF POWER TO BORROW FUNDS PURSUANT TO THE PROVISIONS OF SECTION 180(1)(C) OF THE COMPANIES ACT, 2013, NOT EXCEEDING ₹ 2,500 CRORE (RUPEES TWO THOUSAND FIVE HUNDRED CRORE ONLY)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.57% · promoters 99.49% · institutions 0.00% · other public 1.50%

  9. TO INCREASE IN THRESHOLD OF LOANS/ GUARANTEES, PROVIDING OF SECURITIES AND MAKING OF INVESTMENTS IN SECURITIES UNDER SECTION 186 OF THE COMPANIES ACT, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.57% · promoters 99.49% · institutions 0.00% · other public 1.50%

  10. TO APPROVE THE ISSUE OF NON – CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 56.57% · promoters 99.49% · institutions 0.00% · other public 1.50%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesMay 2025, checked by Crisil Ratings Limited38.76––No
OthersMay 2025, checked by Crisil Ratings Limited40.00––No
Preferential IssuesMay 2025, checked by Crisil Ratings Limited62.74––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.