| 82 Annual Report | 2024-2025 Director’s Report The Company has received several noteworthy Certifications: Received the coveted GOLD Standard in Client Protection Principles under the Cerise+SPTF Methodology, Awarded a top-notch MFI 1 grade, by CareEdge Advisory Arohan’s Code of Conduct Assessment (COCA) receives the top-notch C1 grading from CARE EDGE Received the Certificate of Registration for Quality Management System: ISO 9001:2015 by BSI CHANGE IN THE NATURE OF BUSINESS During the year under review, there was no change in the nature of the business of the Company. CAPITAL INFUSION The Company has issued and allotted 15,00,000 (Fifteen Lakhs) Equity Shares at an issue price of INR 148.35/- (Indian Rupees One Hundred and Forty Eight and Thirty five paise only) per share including a premium of INR 138.35/- (Indian Rupees One Hundred and Thirty Eight and thirty five paise Only) per share aggregating to INR 22,25,25,000 (Twenty Two Crores Twenty Five Lakh Twenty Five Thousand only) to Arohan ESOP Trust on August 30, 2024, which was approved by the shareholders at their Annual General Meeting held on August 06, 2024. Further, shareholders of the Company in the Annual General Meeting held on August 06, 2024 approved reclassification of the Authorized Share Capital of the Company being INR 2,75,00,00,000/- (Indian Rupees Two Hundred and Seventy Five Crores only) consisting of 27,50,00,000 (Twenty Seven Crore Fifty Lakhs) shares of Rs. 10/- (Indian Rupees Ten only) each divided into 19,50,00,000 (Nineteen Crores and Fifty Lakhs) Equity shares of INR 10/- (Indian Rupees Ten only) each and 8,00,00,000 (Eight Crores) Compulsorily Convertible Preference Shares of INR 10/- (Indian Rupees Ten only) each to INR 2,75,00,00,000/- (Indian Rupees Two Hundred and Seventy Five Crores only) consisting of 27,50,00,000 (Twenty Seven Crores and Fifty Lakhs) Equity shares of INR 10/- (Indian Rupees Ten only) each.” CAPITAL STRUCTURE a) Authorized Share Capital During the financial year under review, the Authorized Share Capital of the Company stood at INR 2,75,00,00,000/- (Rupees Two Hundred and Seventy Five Crores only) divided into 27,50,00,000 (Twenty Seven Crores and Fifty Lakhs only) equity shares of Rs. 10/- (Rupees Ten only) each. b) Issued and Paid–up Capital During the financial year under review, Issued and Paid-up capital of the Company stood at INR 1,58,91,23,200/-(Rupees One Hundred Fifty Eight Crores Ninety One Lakhs Twenty Three Thousand and Two Hundred only) divided into 15,89,12,320 (Fifteen Crores Eighty Nine Lakhs Twelve Thousand Three Hundred and Twenty only) equity shares of Rs. 10/- (Rupees Ten only) each. DISCLOSURES UNDER RBI GUIDELINES The relevant disclosures applicable under the RBI Master Directions have been made in the Annual Financial Statements and Annual Report for the financial year ended March 31, 2025. SCALE BASED REGULATIONS Pursuant to RBI circular on ‘Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs’ dated October 19, 2023, as amended from time to time the Company was categorised as NBFC-Middle Layer (NBFC-ML) and it continues to be under the same category till date. Further as prescribed in SBR, the Company is in adherence to the liquidity risk management guidelines. The disclosure on liquidity risk, on a quarterly basis, is also uploaded on website of the Company and details of the same are separately disclosed in the notes to the financial statements forming part of this Annual Report. NON-CONVERTIBLE DEBENTURES There is no such issuance of Non-Convertible Debentures during the period under review.
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