StockWatch
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Non Banking Financial Company (NBFC)
Quarterly Result28 May 2026, 08:24 pm

Board Approves FY26 & Q4 Audited Financial Results with Unmodified Opinion

AI Summary

India Lease Development Limited's Board of Directors, at its meeting on May 28, 2026, approved the Standalone Audited Financial Results for the fourth quarter and fiscal year ended March 31, 2026. The Board also took on record the Auditors' Report, which included an unmodified opinion from M/s Jagdish Chand & Co., Chartered Accountants. Sh. Rajiv Gupta, Chairman, was authorized to sign the financial results for submission to the Stock Exchange. Details of Related Party Transactions for the second half of FY26 will be filed separately. The auditor's report highlighted that the company did not satisfy the RBI's principal business criteria, as financial assets were less than 50% of total assets.

Key Highlights

  • Board approved Standalone Audited Financial Results for Q4 and FY26.
  • Statutory Auditors issued an unmodified opinion on the financial results.
  • Chairman Sh. Rajiv Gupta authorized to sign the financial results.
  • Company did not meet RBI's principal business criteria for FY26.
  • Related Party Transactions for H2 FY26 to be filed separately.