Board Meeting14 Aug 2026, 06:22 pm
Indergiri Finance Board Approves Unaudited Q1 FY27 Results
AI Summary
Indergiri Finance Ltd's Board of Directors convened on August 14, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The meeting also adopted the Director's Report and Secretarial Audit Report for FY25-26, appointed a scrutinizer for the upcoming 32nd AGM, and approved the AGM notice. Additionally, the board approved a change in the company's registered office address within the local limits. A key concern highlighted by the auditors is the company's Net Owned Funds falling below the RBI's regulatory threshold, with a plan for a rights issue of ₹1,000 Lakhs to address this deficiency.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Director's Report and Secretarial Audit Report for FY25-26 adopted.
- Scrutinizer appointed for the 32nd Annual General Meeting.
- Registered office address change approved.
- Net Owned Funds below RBI threshold; rights issue planned.
Price Impact
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