
Board Meeting6 Aug 2026, 04:13 pm
Hem Holdings Board Approves Un-Audited Financial Results
AI Summary
Hem Holdings & Trading Ltd announced that its Board of Directors met on August 6, 2026, to approve the Un-Audited Financial Results (Standalone) for the quarter ended June 30, 2026. The board also reviewed the Independent Auditor's Limited Review Report for the same period. Additionally, the company approved an increase in its Net Owned Fund to ₹10 crore by September 30, 2026, to comply with RBI's Scale Based Regulation Framework. Management has been authorized to take necessary actions to ensure regulatory compliance.
Key Highlights
- Board approved Un-Audited Financial Results for Q1 FY27.
- Independent Auditor's Limited Review Report was also approved.
- Net Owned Fund to be increased to ₹10 crore by Sept 30, 2026.
- Management authorized to ensure regulatory compliance.
Price Impact
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