Interactive Financial Services Reallocates ₹304.50 Lakhs from Office Setup to Strengthen Net Worth

Interactive Financial Services Limited has diverted ₹304.50 lakhs originally earmarked for setting up office space from its rights issue proceeds to strengthen the company's net worth following shareholder approval in an EGM. The deviation occurred after the company's registered sale agreement for immovable properties at 3rd Eye Vision project was cancelled during the quarter ended September 30, 2025.

Interactive Financial Services Reports Quarterly Results for September 2025

Interactive Financial Services Limited's Board approved unaudited financial results for the quarter and half year ended September 30, 2025, during a meeting held on November 14, 2025. The company's cash flow statement shows net profit before taxation of Rs. 234.07 lakhs for the half year, with total assets of Rs. 3,370.83 lakhs as of September 30, 2025.

Interactive Financial Services Seeks Shareholder Approval for Rights Issue Fund Reallocation

Interactive Financial Services Limited has issued a postal ballot notice seeking shareholder approval for two key resolutions. The company proposes to reallocate ₹304.50 lakhs originally earmarked for office space acquisition under its rights issue to strengthen its net worth instead. The decision to cancel the office space purchase was made due to infrastructure changes in the surrounding area and strategic reassessment. The funds will now be directed toward increasing the company's net worth, which stood at ₹2,769.65 lakhs as of March 31, 2025. Additionally, the company seeks approval to appoint M/s Insiya Nalawala & Associates as secretarial auditors for five consecutive years from 2025-26 to 2029-30 at an annual fee of ₹1,40,000 plus taxes. The e-voting period runs from August 27, 2025 to September 25, 2025, with August 22, 2025 as the cut-off date for voting eligibility.