StockWatch
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Non Banking Financial Company (NBFC)
Quarterly Result29 May 2026, 02:26 am

Board approves Q4 FY26 results, appoints Ashish Anand as Director

AI Summary

The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, which included a modified auditor's opinion. Key decisions also included increasing the company's borrowing limits to ₹500 crore, subject to shareholder approval. Mr. Ashish Anand was appointed as an Additional Non-Executive Independent Director for a five-year term. Furthermore, the board reconstituted the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, appointed Mr. Rahul Katakkar as the Internal Auditor for FY27, and revised the remuneration for the Executive Director & CEO, Mr. Jaspal Singh Sidhu. A CSR Committee was also constituted.

Key Highlights

  • Board approved Q4 and FY26 audited financial results with modified opinion.
  • Borrowing limits increased to ₹500 crore, pending shareholder approval.
  • Ashish Anand appointed as Additional Non-Executive Independent Director.
  • Audit, NRC, and Stakeholders Relationship Committees reconstituted.
  • Rahul Katakkar appointed as Internal Auditor for FY27.