GYFTRBSEGyftr LtdHighNegative
Announced Fri, 29 May · 19:17 IST

Resignation of Company Secretary & Compliance Officer.

Management Changes View source PDF

GYFTR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹189.00
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AI summary

Gyftr Limited (formerly LKP Finance Limited) announced the resignation of Mr. Rishi Arya as Company Secretary & Compliance Officer effective June 15, 2026, with immediate appointment of Ms. Tisha Lamba from June 16, 2026. The Board also approved audited FY2026 standalone financial results showing total income of Rs. 44,141.02 lakhs and profit after tax of Rs. 1,838.97 lakhs. The auditors issued a qualified opinion due to inability to obtain balance confirmations from two lenders (Rs. 3,596.65 lakhs) and an ongoing DRT garnishee order claiming Rs. 2,500 lakhs related to Kingfisher Finvest borrowings. The company surrendered its NBFC license in March 2026 and is now primarily in the gift voucher and rewards business.

Likely market impact

The KMP resignation and immediate replacement appears orderly with no governance gap. However, the qualified audit opinion and ongoing legal disputes (DRT garnishee order, inability to verify old borrowings) represent material risks that investors should monitor, particularly as the company transitions from NBFC to retail business.