Brief of Notice Consolidated Finvest & Holdings Limited has submitted a regulatory disclosure informing the National Stock Exchange of India Limited (NSE) about the appointment of M/s Bhumika & Co., a Practicing Company Secretary firm, to perform essential due diligence. The appointment was finalized during a Board of Directors meeting conducted on September 11, 2026, running from 4:30 P.M. to 5:00 P.M. This due diligence action follows an initial public announcement dated September 3, 2026, submitted by Saffron Capital Advisors Private Limited on behalf of Concatenate Advest Advisory Private Limited and Jindal India Powertech Limited, seeking to acquire all public equity shares and voluntarily delist the company from the NSE.

Details about the Notice The formal appointment of M/s Bhumika & Co. has been executed under Regulation 10(2) of the SEBI (Delisting of Equity Shares) Regulations, 2021. The designated practicing company secretary firm holds a peer-reviewed certificate bearing No. 8009/2026, issued on May 26, 2026, and valid until May 31, 2031. According to Regulation 10(3) and other related legal framework directives under the SEBI Delisting Regulations, the newly appointed peer-reviewed secretary will perform complete due diligence on behalf of the Target Company and compile a formal diligence report. This report forms an indispensable procedural requirement toward evaluating and advancing the voluntary delisting proposal put forth by the promoter group entities.

Business Details, Recent News, Orders, and Company Updates

Consolidated Finvest & Holdings Limited is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) and operates as a Core Investment Company within the B. C. Jindal Group. Its core business activity comprises holding long-term strategic investments in equity shares, stocks, debentures, and mutual funds, alongside offering inter-corporate loans and advances mainly to group companies. During 2025, the company approved key corporate decisions, including a final dividend payment of ₹1.13 per share declared in July 2025. Operating as an investment arm for the group, the company continues to focus on capital management and funding strategic holdings across entities in sectors like packaging films and power generation.

Financial Results, Revenue, Profit Growth, and Investor Details

During the financial period reported in 2025, Consolidated Finvest & Holdings Limited posted an operating revenue of ₹19.09 Crores and a net profit of ₹15.71 Crores for Q2 FY2025-26. The revenue demonstrated a 10.86% year-on-year increase compared to ₹17.22 Crores in the corresponding quarter of the previous year (Q2 FY2024-25), while sequential revenue grew by 27.10% from ₹15.02 Crores in Q1 FY2025-26. Conversely, net profit for the quarter dropped by 66.69% YoY from ₹47.16 Crores recorded in the corresponding prior-year quarter, despite achieving a quarter-on-quarter growth of 24.09% compared to Q1 FY2025-26. The main promoter group investor, Concatenate Advest Advisory Private Limited, holds a major controlling stake of over 69% in the equity structure.