Board Meeting10 Aug 2026, 04:51 pm
Gilada Finance Approves Unaudited Q1 FY27 Results & NCD Allotment
AI Summary
Gilada Finance & Investments Ltd announced the outcome of its Board Meeting held on August 10, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report. Additionally, the company approved the allotment of 19 Non-Convertible Debentures (NCDs) worth ₹19,00,000 on a private placement basis. The board also approved the notice for the 32nd Annual General Meeting, which includes proposals for increasing authorized share capital and altering the Memorandum of Association. The appointment of Mr. Sanjeev Kumar as an Additional Director and the appointment of Statutory Auditors were also approved, subject to member approval.
Key Highlights
- Unaudited financial results for Q1 FY27 approved.
- Limited Review Report by Statutory Auditor approved.
- 19 NCDs totaling ₹19,00,000 allotted via private placement.
- Notice for 32nd AGM approved, including share capital increase proposal.
- Appointment of Additional Director and Statutory Auditors approved.
Price Impact
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