95th AGM Notice & Annual Report for 2025-26

Ref: SEC/SEIL/BSE/2026/126 Date: September 02, 2026 Scrip Code: 540181 BSE Limited P. J. Towers, Dalal Street, Mumbai – 400 001 Dear Sir/Madam, Sub: Disclosure under Regulation 30, 34 (1) and other applicable regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”) Re: Annual Report for Financial Year 2025-26 & Notice of 95th Annual General Meeting (“AGM”) of Salem Erode Investments Limited. This is to inform you that, the 95th AGM of the members of Salem Erode Investments Limited (“the Company”) will be held on Wednesday, September 30, 2026, at 10.30 A.M. (IST) through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) without the physical presence of the members in accordance with the applicable provisions of the Companies Act, 2013, and the Listing Regulations. The Notice of the AGM including instructions for e-voting and the Annual Report for the financial year 2025-26, which are being sent to the members of the Company in electronic mode is enclosed for your records and dissemination. Further, pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the Company has initiated sending a letter to the shareholders whose e-mail addresses are not registered with the Company/RTA/Depositories, providing a web-link for accessing the Annual Report of the Company. Thanking you, Yours faithfully, For Salem Erode Investments Limited Visakh T. V. Company Secretary M. No. A53607 A Stronger Foundation for the Future Salem Erode Investments Limited 95th Annual Report FY2025-26 Contents Values that Guide Us Corporate overview Statutory Report Business Philosophy Values that Guide Us 1 Corporate Information 09 Vision Company Profile 2-3 Notice 10 Message from the MD 4-5 Board’s Report 21 Our vision is to grow and establish ourselves Our Strategic Priorities 6-7 globally and be recognized as the most acceptable Board of Directors 8 and trusted financial institution, excelling in Financials customer service delivery with utmost satisfaction through committed, passionate, gentle and Standalone Financial Statements 64 empowered employees. A BSE-listed company Subsidiary of ICL Fincorp Limited Mission Our mission is to provide the best and trusted financial solutions to our clients and strive to build Forward-looking statements long-term relationships with them, taking into Some information in this report may contain forward- account their needs as well as the changing market looking statements. We have based these forward- dynamics. looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will Our mission is to provide simply the best and trusted or may occur in the future. Such statements generally financial solutions to our esteemed clients and strive are identified by forward-looking words such as ‘believe’, to formulate healthy and mutually rewarding long- ‘plan’, ‘anticipate’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, lasting relationships with them, bearing in mind their or other similar words. A forward-looking statement may include a statement of the assumptions or basis necessities and aspirations with due substance to the underlying the forward-looking statement. We have impact of transforming market dynamics. chosen these assumptions or bases in good faith and we believe that they are reasonable in all material respects. Know more about Salem Erode Investments Ltd at: https://www.salemerode.com Our Core Values Customer Satisfaction Passionate about Excellence Fair to All Seeking Excellence Accountability and Teamwork and Ownership Collaboration Corporate Statutory Financial Salemerode Investments Ltd. Annual Report 2025-26 Overview Reports Statements Company Profile Salem Erode Investments Limited (SEIL) is a BSE- At a glance listed Non-Banking Financial Company (NBFC) and a Loan book grew to Governance-led business subsidiary of ICL Fincorp Limited, engaged primarily BSE-listed NBFC `171.88 million in FY2026 approach in gold loan financing. Subsidiary of ICL Diversified Long-term growth With a strong foundation built on trust, transparency and customer-centricity, the Company provides secure, accessible and timely credit solutions that address the diverse financial needs of individuals and small Fincorp Limited funding mix strategy businesses. Leveraging its growing branch network and deep understanding of regional markets, SEIL combines prudent lending practices with operational excellence to deliver reliable financial solutions. Disciplined lending and Technology-enabled Focused on gold loan Guided by robust governance standards and a commitment to responsible growth, the Company continues to strengthen its capabilities, enhance customer experience and create long-term value for all stakeholders. financing risk management operations Customer-centric service model 34 127 Branches Employees Corporate Statutory Financial Salemerode Investments Ltd. Annual Report 2025-26 Overview Reports Statements Message from the Managing Director Dear Shareholders, It gives me pleasure to present the Annual Report of Salem Erode Investments Limited for the financial year ended 31 March 2026. he year under review was The financial performance for the year strengthening our internal control systems shaped by a dynamic operating continued to reflect the investments and risk management frameworks. Our environment, marked by evolving being made towards strengthening the Board provides valuable oversight and customer expectations, changing organisation and supporting the future. guidance, ensuring that the Company liquidity conditions and a heightened focus Revenue from operations stood at `35.67 remains focused on sustainable value on risk management. While these factors million, while the Company reported creation. influenced the financial services industry, a loss after tax of `48.47 million. These Looking ahead, we will deepen our they also reinforced the importance of results underscore the transitional nature presence in our existing markets, expanding building resilient institutions with a long- of our growth journey, where investments our customer reach, improving operating term perspective. At our company, we in people, systems, compliance and productivity and maintaining disciplined remained steadfast in strengthening the operational capabilities are expected to underwriting. Our focus will be on building foundations of the business while preparing create value in the future. a stronger and more resilient institution for the next phase of sustainable growth. The gold loan industry continues to capable of delivering sustainable growth As a BSE-listed Non-Banking Financial offer compelling opportunities. Rising over the long-term. Company, our objective extends beyond financial inclusion, increasing acceptance In closing, I would like to thank our short-term performance. We are focused of organised lending institutions and the shareholders for their trust and confidence on creating a business that is trusted by growing need for quick and transparent in the Company. My appreciation also our customers, governed with integrity credit solutions are creating favourable During FY2025-26, our goes to our customers, lending partners, and capable of delivering enduring conditions for long-term growth. We loan portfolio continued regulators and all stakeholders for their stakeholder value. Our efforts during the believe our customer-centric approach, support. I also acknowledge the dedication to witness healthy growth, year were directed towards improving regional expertise and disciplined operating of our employees, whose efforts remain operational efficiencies, enhancing credit framework position us well to benefit from with loans increasing to instrumental in strengthening our discipline, strengthening our processes and these structural trends. `171.88 million, reflecting organis [Showing first 8,000 characters — download PDF for full document]