Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GDL Leasing & Finance Ltd reported a strong H1 FY26 (ended Sept 30, 2025), with total income nearly tripling to ₹183.27 lakhs (vs ₹68.87 lakhs YoY) and profit before tax more than doubling to ₹91.45 lakhs (vs ₹43.08 lakhs YoY). Net profit for H1 FY26 came in at ₹81.75 lakhs (vs ₹31.84 lakhs), translating to EPS of ₹1.63. The Board accepted the resignation of CFO Ashish Jain and Independent Director Rajender Agarwal (personal reasons), appointing Atul Jain as the new CFO and Akash & Co. as the new Secretarial Auditor (replacing C. Gaur and Associates). It also approved a preferential issue of up to 49.5 lakh convertible warrants at ₹11.20 each (total ~₹5.54 crore) to promoter Prem Kumar Jain and non-promoter group, which will lift the promoter's stake from 40.46% to 43.65% post-issue, subject to shareholder approval at an EGM. Separately, the Board approved a 100% cash acquisition of Karma Fiintech Pvt Ltd (NBFC/loan facilitation, ₹25 lakh) as a wholly owned subsidiary and a 51% stake in Accredit Marketplace Pvt Ltd (financial consultancy, ₹5,100) as a subsidiary.
The sharp jump in revenue and profits is a positive signal, but the preferential issue will lead to promoter-led equity dilution. The management churn (CFO and Independent Director exits) alongside small-ticket acquisitions suggests a restructuring phase rather than transformational growth.