Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gilada Finance & Investments Ltd reported FY2026 audited results with total income of ₹743.57 lakhs (up from ₹710.04 lakhs in FY25). Profit after tax stood at ₹217.42 lakhs, representing a modest growth of 2.1% YoY. EPS improved slightly to ₹1.55 per share from ₹1.52. The board also approved allotment of 15 Non-Convertible Debentures worth ₹15 lakhs at 12.25% interest rate for 2 years on private placement basis. Auditors Bennur Nagaraja & Co issued a clean (unmodified) opinion with no going concern issues. Notable auditor observations include related party loans of ₹781.87 lakhs (24.17% of total loans), Stage 2/3 loan assets worth ₹2.37 crores, and a disputed income tax liability of ₹20.51 lakhs for AY 2017-18. The company has appointed new secretarial and internal auditors for FY 2026-27.
The company shows steady but modest profitability growth with clean audit status. However, the high proportion of related party loans and stressed loan assets (overdue above 90 days of ₹2.22 crores) warrant investor attention. NCD issuance indicates debt-raising activity.