Outcome of Board meeting held on Tuesday, 12th August, 2025.
Awaiting price reaction for this filing.
The Board of Directors of Shri Niwas Leasing And Finance Ltd met on August 12, 2025 and approved the unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). Based on the disclosed figures, the company reported a loss of approximately Rs. 1.16 lakhs for the quarter, on a total income of around Rs. 1.16 lakhs, indicating negligible operating activity. The statutory auditors, VRSK & Associates, issued a Limited Review Report containing an 'Emphasis of Matter' paragraph. The Board also discussed Regulation 32 compliance, with the filing initially stating it is not applicable (no public/rights/preferential issue), but a separate undertaking later contradicts this by stating the company did undertake a rights issue in the quarter. The company is a small NBFC registered in New Delhi with a paid-up equity capital at face value of Rs. 10 per share.
The results reflect a near-dormant micro-cap NBFC with minimal business activity and a small quarterly loss, which is unlikely to move the stock meaningfully. Investors should note the contradictory statements regarding Regulation 32 applicability and the Emphasis of Matter flagged by the auditors, which together suggest some compliance and disclosure concerns.