StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting19 Jun 2026, 04:18 pm

Gilada Finance Approves JV, Allots NCDs, Appoints Auditor

AI Summary

Gilada Finance & Investments Ltd announced the outcome of its Board Meeting held on June 19, 2026. The board approved a strategic joint venture agreement with Harley of London India (HOLI) for collaboration in healthcare, wellness, lifestyle, and financial services. Additionally, the company approved the allotment of 5 Non-Convertible Debentures (NCDs) worth ₹5,00,000 at a 12.25% interest rate for a tenure of 2 years. The board also appointed Anand Boob & Associates as the internal auditor for the Financial Year 2026-27.

Key Highlights

  • Board approves strategic joint venture with Harley of London India.
  • Allotment of 5 NCDs worth ₹5 Lakhs approved at 12.25% interest.
  • Anand Boob & Associates appointed as internal auditor for FY27.