Dear Sir, Submitting herewith 39th Annual Report of our Company for the Financial Year 2025-2026 For Hybrid Financial Services Limited Company Secretary

333999TTTHHH HYBRID FINANCIAL SERVICES HYBRID FINANCIAL SERVICES LIMITED HYBRID FINANCIAL SERVICES LIMITED BOARD OF DIRECTORS SHRI. SAMEER S. PIMPALE Chairman SHRI. NILAY SHARMA Director DR. NITIN TIKE Director SMT. MEGHA J. VAZKAR Director SHRI. N.R.DIVATE Whole Time Director SHRI. K.CHANDRAMOULI Whole Time Director and Company Secretary CHIEF FINANCIAL OFFICER SHRI. VINAY RAMAKANT KULKARNI MANAGEMENT TEAM SHRI. N.R.DIVATE Whole Time Director SHRI.K.CHANDRAMOULI Whole Time Director and Company Secretary AUDITORS S. RAMANAND AIYAR & CO Chartered Accountants Mumbai REGISTERED OFFICE 104, First Floor, Sterling Centre, Opp. Divine Child High School, Andheri - Kurla Road, Chakala, Andheri (East), Mumbai - 400093. WEBSITE www.hybridfinance.co.in CORPORATE IDENTIFICATION NUMBER (CIN) L99999MH1986PLC041277 REGISTRAR & SHARE TRANSFER AGENTS BIG SHARE SERVICES PRIVATE LIMITED Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai - 400 093. 39TH ANNUAL REPORT 2025-2026 NOTICE Notice is hereby given that the THIRTY NINTH ANNUAL GENERAL c) Shareholders seeking any information with regard to the Accounts MEETING of the Members of HYBRID FINANCIAL SERVICES LIMITED of the Company are requested to email to the Company’s email id will be held on Friday, 11th September, 2026 at 11 am using Video investor@hybridfinance.co.in at an early date so as to enable the Conferencing (VC) / Other Audio-Visual Means (OAVM) to transact the Management to keep the information ready. Members may also note following BUSINESS: that the Notice of the 39th Annual General Meeting and the Annual Report for 2025–2026 will also be available on the Company’s website ORDINARY BUSINESS: www.hybridfinance.co.in for download. 1. To consider and adopt the Audited Statement of Profit and Loss, d) In the light of MCA Circular No. 03/2025 dated 22nd September Cash Flow Statement, Statement of Changes in the Equity for the 2025, the company is conducting AGM through Video Conference year ended 31st March, 2026 and the Balance Sheet at that date and mode. The meeting shall be held via Bigshare i-Vote E-voting the Reports of Directors and the Auditors thereon. Systems. The link for joining the meeting is shared separately. 2. To declare Dividend @ 1% on Preference Share for the Financial Explanatory Statement Year 2025-2026 as per terms of issue. As required by Section 102 of Companies Act, 2013 (“Act”), the following SPECIAL BUSINESS: Explanatory Statement sets outs all material facts relating to the business 3. Appointment of Mrs. Megha Jatendra Vazkar as Whole Time mentioned under Item No. 3 of the accompanying Notice: Director Item No. 3 To consider and if thought fit, to pass the following resolution Appointment of Mrs. Megha Jatendra Vazkar as Whole Time Director as a Special Resolution: The Board of Directors proposed appointment of Mrs. Megha J. Vazkar as “RESOLVED THAT pursuant to the provisions of Section 196, 197, Whole-time Director for a period of Three Years with effect from 1st July 198, Schedule V and other applicable provisions, if any, of the 2026 subject to the confirmation by the members at this meeting. Her Companies Act, 2013, (including any amendment / modifications appointment as Whole Time Director is necessitated as she was a Whole thereof) and subject to such other necessary approval(s), consent(s), Time Director in the erstwhile transferor Company Maximus Securities or permission(s), as may be required, the consent of the Members Limited and also as per requirement of the Exchanges in the Merged of the Company be and is hereby accorded to appoint Mrs. Megha Entity. She is a Non Executive Woman Director in Hybrid Financial Services Jatendra Vazkar (DIN: 00179162) as a Whole Time Director of the Limited as of date. Company for a period of 3 years with effect from 1st July, 2026, on terms and conditions set out in the explanatory statement annexed Based on the recommendation of Nomination and Remuneration Committee hereto. and approval of the Board of Directors, Mrs. Megha Jatendra Vazkar is proposed to be appointed as a Whole Time Director of the Company for RESOLVED FURTHER THAT where in any financial year during the the period of three years with effect from 1st July, 2026 subject to the tenure of Mrs. Megha Jatendra Vazkar, Whole Time Director the approval of the members. She will be designated as Whole Time Director Company has no profits or the profits are inadequate, approval of of the Company as per requirement of Exchanges. the members of the Company be and is hereby accorded to pay her the maximum remuneration in accordance with the provisions of the Duties: Act. As a Whole Time Director, Mrs. Megha Jatendra Vazkar shall be responsible RESOLVED FURTHER THAT the Board and / or Nomination & for the business of stock broking and investment activities carried on by Remuneration Committee constituted by the Board be and is hereby the company as a member of recognized Stock Exchanges viz. BSE and authorized to vary the terms of appointment and to do all such acts, NSE and shall exercise substantial powers of management in connection deeds, matters and things, as it may, in its absolute discretion, with the said business. She shall however function under the direction, deem necessary and with the power on behalf of the Company to control and superintendence of the Director in charge and the Board of settle questions, difficulties or doubts that may arise in this regard Directors and shall perform such specific functions and duties as are without requiring the Board to secure any further consent or approval entrusted to her by the Board from time to time. of the members of the Company.” Terms of remuneration payable to Mrs. Megha Jatendra Vazkar, Registered Office: Wholetime Director: 104, First Floor, Sterling Centre, Opp. Divine Child High School, a. Salary: In the Basic Pay Scale of Rs.1,00,000 to Rs. 1,75,000 with Andheri-Kurla Road, annual increments of Rs.15,000 or at the discretion of the Board / Andheri (East), Mumbai - 400 093. Director in charge. b. Variable Pay : The variable pay up to Rs.10 Lakhs at the discretion Date: 21st May, 2026 of the company based on the performance and as approved by Nomination and Remuneration Committee and Board. By Order of the Board For HYBRID FINANCIAL SERVICES LIMITED c. Commission: on the annual net profit of the company of a particular financial year, computed in the manner laid down in Section 197 of K.CHANDRAMOULI the Companies Act, 2013 as may be decided by the Board at its Whole Time Director and absolute discretion, subject to the ceiling laid down in Schedule V Company Secretary The Companies Act, 2013, on the total remuneration. In addition to the above, she shall be entitled to the following which NOTES: shall not be included in the computation of perquisites for the purpose of calculating the said ceiling a) The relative Explanatory Statement pursuant to Section 102 of i. Provision of conveyance for the business of the Company. Companies Act, 2013 (“Act”) setting out material fact concerning the business under Item No. 3 of the Notice, is annexed hereto. ii. Free Telephone facility at the residence for the business of the Company. b) The Register of Members and the Share Transfer Books of the Company will remain closed from Monday, 7th September, 2026 to iii. Reimbursement of expenses actually and properly incurred Friday, 11th September, 2026 (both days inclusive). Members are by her for the business of the Company. requested to notify any change in their address, e-mail id and iv. Leave: As per rules of the Company. mobile no. etc. to the Company’s Registrars & Share Transfer Agents, M/s. Big Share Services Pvt. Ltd., Office No. S6-2, 6th Floor, d. Notwithstanding anything to the contrary herein contained, wherein Pinnacle Park, Next to Ahura Centre, Mahakali Caves Road, any financial year during the currency of the tenure of Whole time Andheri (East), M [Showing first 8,000 characters — download PDF for full document]