StockWatch
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Non Banking Financial Company (NBFC)
Investment16 Jan 2026, 05:02 pm

Gilada Finance & Investments Ltd Announces Warrants Issue & NCD Allotment

AI Summary

Gilada Finance & Investments Ltd held a Board Meeting on 6th December 2025. The meeting, held through video conferencing, approved several key decisions. The company approved the proposal for issuing warrants on a preferential basis. The Board also authorized scheduling and issuing a notice for an Extraordinary General Meeting (EGM). Furthermore, the Board approved the opening of a Demat and Trading Account in the company's name and allotted 1 Non-Convertible Debenture (NCD) of face value INR 1,00,000, amounting to INR 1,00,000, to an applicant on a private placement basis.

Key Highlights

  • Gilada Finance & Investments Ltd approved the proposal for issuing warrants on a preferential basis.
  • The company authorized scheduling and issuing a notice for an Extraordinary General Meeting (EGM).
  • Gilada Finance & Investments Ltd decided to open a Demat and Trading Account in the company's name.
  • The Board allotted 1 Non-Convertible Debenture (NCD) of face value INR 1,00,000 to an applicant on a private placement basis.