Onelife Capital Advisors Limited has informed the Exchange regarding Outcome of Board Meeting held on March 27, 2026.
ONELIFECAP · price
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The Board of Directors of Onelife Capital Advisors, at its meeting on March 27, 2026, approved several loan disbursements totaling about Rs. 12.5 crore. This includes a Rs. 1.5 crore loan to an individual (Mr. JayKishor Chatuvedi), Rs. 5.5 crore to Abhidev Consultancy Services at 12% annual interest, and Rs. 5.5 crore collectively to two NBFCs (Jeevan Jyoti Vanijya and Gandhi Nagar Leasing and Finance). The board also approved an investment of up to Rs. 1.5 crore in its subsidiary, Dealmoney Real Estate Private Limited. The meeting ran from 1:00 PM to 3:35 PM. No new business or strategic direction was mentioned beyond these treasury and lending decisions.
The company is actively deploying its cash reserves through lending and subsidiary investment, which could generate interest income but also raises questions on capital allocation priorities. Shareholders should watch for related-party transaction disclosures and clarity on how these loans will be recovered, especially the one to an individual director/promoter.