INDERGIRI FINANCE LTD.

Earns interest income from lending as a small non-banking financial company (NBFC) based in Andheri East, Mumbai. Revenue from operations stood at ₹2.22 crore in FY26, with quarterly operations revenue falling to ₹28.43 lakhs in Q3 FY26 from ₹68.84 lakhs in Q3 FY25, and nine-month FY26 operations revenue at ₹79.58 lakhs. The largest costs are employee expenses at ₹0.92 crore (41.6% of revenue) and other operating expenses at ₹1.10 crore (49.6% of revenue). The company carries ₹19.72 crore in total assets and has defaulted on ₹425.24 lakhs of loan principal plus ₹51.02 lakhs of interest and ₹25 lakhs of NCD interest, with reserves deeply negative at ₹(385.07) lakhs as of December 2025 and Net Owned Funds at ₹(64.19) lakhs versus the RBI-required ₹500 lakhs minimum. To bolster capital the board approved a rights issue of up to ₹10 crore in February 2026, and separately allotted 30 secured, redeemable, non-convertible debentures of ₹10 lakh each at a 9.5% coupon maturing in February 2029. FY26 reported a net profit largely driven by a ₹126.18 lakh fair-value gain on remeasurement of a promoter loan rather than core lending activity, and the statutory auditor flagged material uncertainty about the company's ability to continue as a going concern.