StockWatch
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Other Financial Services
Board Meeting30 Apr 2026, 02:12 pm

GLFL approves FY26 Audited Results; Re-appoints 2 Independent Directors

AI Summary

Gujarat Lease Financing Ltd's Board of Directors, at its meeting held on April 30, 2026, approved the Audited Financial Results for the quarter and year ended March 31, 2026. The Statutory Auditors issued an unmodified opinion on these results. Additionally, the Board approved the re-appointment of Animesh Mehta (DIN: 09122533) and Narayan Meghani (DIN: 09551334) as Non-Executive Independent Directors. Both directors are re-appointed for a second and final term of 5 consecutive years, commencing from March 31, 2027, to March 30, 2032. These re-appointments are subject to the approval of the company's members. Animesh Mehta brings over 40 years of experience in power plant operations, while Narayan Meghani has over 36 years of experience in CSR, supply chain, and project management for renewable energy.

Key Highlights

  • GLFL Board approved audited financial results for FY26 with unmodified opinion.
  • Animesh Mehta re-appointed as Independent Director for 5 years, subject to approval.
  • Narayan Meghani re-appointed as Independent Director for 5 years, subject to approval.
  • Re-appointments ensure continuity of experienced independent board members.