StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting13 Aug 2026, 12:30 pm

Finkurve Financial Services Board Approves Unaudited Results

AI Summary

Finkurve Financial Services Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The board also approved a Security Cover Certificate, statements on the utilization of issue proceeds for preferential issues and non-convertible securities, and material related party transactions. Additionally, approvals were granted for the power to borrow up to ₹5000 Crore, increased thresholds for loans and investments, the issue of Non-Convertible Debentures, and the continuation of a Non-Executive Independent Director's tenure post-75 years of age, all subject to shareholder approval. The meeting commenced at 10:31 AM and concluded at 12:09 PM IST.

Key Highlights

  • Unaudited financial results for Q1 FY27 approved.
  • Board approved borrowing power up to ₹5000 Crore.
  • Material related party transactions were approved.
  • Shareholder approval sought for several key proposals.
  • Security Cover Certificate and utilization of issue proceeds noted.