Please find attached outcome of Board Meeting held on Thursday, 07th August, 2025
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Anupam Finserv's board, at its meeting on August 7, 2025, approved unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025). Total income rose to about Rs. 11.82 crore from Rs. 8.78 crore in the previous quarter, while profit after tax came in at Rs. 3.43 crore versus Rs. 1.38 crore in Q4 FY25. The board accepted the resignation of Mrs. Nirmala Gala as Managing Director effective end of day August 7, 2025, and appointed Mr. Siddharth Gala as the new Managing Director for a 5-year term from the same date. The results were reviewed by statutory auditors CGCA & Associates LLP with an unmodified review conclusion. A note also flagged that since February 2021 a bank account holding about Rs. 28.2 lakh has been frozen by the Hyderabad cybercell in connection with the company's fintech partner Yomoyo Blossom Technology; legal action is pending.
Continuity at the top looks intact — outgoing MD Nirmala Gala has been replaced by Siddharth Gala, suggesting a smooth family-led succession rather than a leadership vacuum. Quarterly profits have improved sharply, which is a positive signal, though the small frozen bank balance and pending cybercell matter remain minor unresolved issues to track.