Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Annual Report for FY 2024-25
Awaiting price reaction for this filing.
Jindal Leasefin Limited has filed its Annual Report for FY 2024-25 along with the Notice of its 31st Annual General Meeting, scheduled for September 30, 2025. The company reported deeply negative financial performance: revenue from operations was a negative Rs. 293.10 lakhs versus Rs. 0.73 lakhs in the previous year, and net loss after tax widened sharply to Rs. 237.66 lakhs from Rs. 15.77 lakhs in FY24. Total expenditure was nearly flat at Rs. 19.59 lakhs, and EPS stood at Rs. (7.90). The AGM will consider adoption of financial statements, re-appointment of director Ms. Chavi Rungta (daughter of the MD), re-appointment of statutory auditors M/s ANSK & Associates for a fresh 5-year term, and appointment of Mr. Prateek Singhal as Independent Director.
Shareholders will see widening losses and a swing to negative revenue, reflecting weak operational performance. The results are negative for sentiment; near-term stock reaction may be subdued unless the company articulates a credible business revival plan.