1. Warrant conversion fundraise - 7.85 cr of 8.85 cr warrants have converted into equity, raising ₹14.68 cr post-FY26 with the final 1 cr warrant still exercisable. This roughly doubles paid-up capital from ₹14.25 cr to ₹22.10 cr, giving the NBFC a larger base to expand lending against.
2. Branch expansion - New branches opened at Jodhpur (1 July 2026) and Ahmedabad (10 August 2026), with Mumbai, Surat and Indore approved. Each branch extends the company's reach into new lending markets, directly supporting the stated priority of expanding geographic presence.
3. Authorized capital headroom - Authorized share capital rises from ₹18 cr to ₹30 cr, with a further increase to ₹75 cr proposed at the 32nd AGM. This triples-plus the ceiling for future equity issuance, enabling follow-on fundraising as the warrant route concludes.
4. Product diversification - Management lists introducing innovative financial products and services as a strategic priority, alongside fintech partnerships and co-lending arrangements. New products would broaden the revenue base beyond the current interest income, which has seen segment margins compress from 38% to 23% over recent periods.