This is to inform that the Board of Directors of the Haryana Financial Corporation (HFC) at its meeting held today i.e. on 29.05.2026 have inter-alia considered and approved the followings:- i) ....
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Haryana Financial Corporation (HFC) has reported audited annual results for FY 2025-26 with a net profit of Rs. 7.73 million (EPS Rs. 0.37), compared to a net loss of Rs. 0.01 million in the previous year. Total income increased to Rs. 100.94 million from Rs. 4.16 million, largely due to interest income on loans and prior period income recovery. The company has recommended winding up/liquidation under Section 45 of the SFCs Act, and the State Government has decided to delist the shares from BSE, with SEBI granting relaxations from certain delisting regulations. The auditor has highlighted a material uncertainty regarding the company's ability to continue as a going concern. The accumulated losses have reduced from Rs. 59.89 crore to Rs. 52.16 crore.
This is a critical development for shareholders as the company is in the process of winding up and delisting from BSE. While FY 2025-26 shows a profit turnaround, the going concern uncertainty means the stock has no long-term investment value. The delisting process is underway with a merchant banker and registered valuer appointed.