31st Annual General Meeting (AGM) of Members of the company secheduled to be held on 01st Sept 2025
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Gilada Finance & Investments, a Karnataka-based NBFC, has announced its 31st AGM will be held on Monday, 1st September 2025 at 12:00 noon via video conferencing. The meeting will cover three items: adoption of audited FY25 financial statements, re-appointment of Mr. Sampathkumar Gilada (Whole-Time Director) who retires by rotation, and appointment of Mr. A Ramanathan as Independent Director for a 5-year term. Key FY25 numbers from the annual report show steady growth — revenue from operations rose to Rs. 6.76 crore (vs Rs. 6.25 crore last year), profit after tax improved to Rs. 2.12 crore (vs Rs. 1.70 crore), and AUM stood at Rs. 29.68 crore. EPS came in at Rs. 1.52 versus Rs. 1.21 earlier. The company reported a strong capital adequacy ratio of 59.08% (well above the 15% RBI norm) but declared no dividend, citing the need to conserve resources. Operations are spread across Bangalore, Kalaburgi, Sindagi, and Bidar, with focus on SME, mortgage, working capital, and vehicle loans.
This is a routine AGM notice with no major surprises. Shareholders should note the continued earnings growth and very healthy capital adequacy, though the absence of a dividend may slightly disappoint income-focused investors. The proposed re-appointment of the existing Whole-Time Director and addition of a new Independent Director are standard governance items requiring shareholder approval.