| 162 Annual Report | 2025-2026 Financials Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2026 (cont’d) (All amounts in ₹ lakhs unless otherwise stated) (c) No additional shares were allotted as fully paid-up by way of bonus shares or pursuant to contract without payment being received in cash during the financial year. Further, none of the shares were bought back by the Company during the financial year. (d) Shareholding of promoters Shares held by promoters at the end of the year As at March 31, 2026 As at March 31, 2025 Percentage change during the year Particulars No. of shares % of total shares No. of shares % of total shares 1. Aavishkaar Venture Management Services Private Limited 60,94,083 3.82% 60,94,083 3.83% (0.01%) 2. Intellectual Capital Advisory Services Private Limited 1,64,72,146 10.33% 1,64,72,146 10.37% (0.03%) (e) Details of shareholders holding more than 5% shares Particulars As at March 31, 2026 As at March 31, 2025 Number percentage (%) Number percentage (%) Equity shares of ₹10 each Teachers Insurance And Annuity Association Of America (TIAA) 1,92,20,332 12.06% 1,92,20,332 12.09% Aavishkaar Goodwell India Microfinance Development Company II Limited 1,85,39,529 11.63% 1,85,39,529 11.67% Tano India Private Equity Fund II 1,66,87,029 10.47% 1,66,87,029 10.50% Intellectual Capital Advisory Services Private Limited 1,64,72,146 10.33% 1,64,72,146 10.37% Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (FMO) 1,57,28,114 9.87% 1,57,28,114 9.90% Maj Invest Financial Inclusion Fund II 1,54,01,267 9.66% 1,54,01,267 9.69% Danish Sustainable Development Goals Investment Fund K/S (IFU) 1,34,81,631 8.46% 1,34,81,631 8.48% TR Capital III Mauritius 97,18,722 6.10% 97,18,722 6.12% (f) Aggregate number of shares issued for consideration other than cash during the period of five years immediately preceding the reporting date There are no class of shares allotted as fully paid up pursuant to contract(s) without payment being received in cash nor any class of shares allotted as fully paid up by way of bonus shares nor any class of shares bought back during the period of five years immediately preceding the reporting date. Note 25: Share capital (cont’d)
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