Gyftr Ltd Board Approves Un-audited Financial Results; Appoints New Directors

Gyftr Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also appointed Mr. Arvind Prabhakar and Ms. Puja Punj as Additional Directors. Concurrently, Mr. Kapil Garg and Ms. Gunjan Jain resigned as Non-Executive Non-Independent Directors due to personal reasons. The auditor's report included a qualified conclusion due to an ongoing litigation concerning borrowings from Kingfisher Airlines Limited and United Breweries (Holdings) Limited, with a deposit of ₹1,126.22 lakhs made and mutual funds worth ₹643.41 lakhs attached. The company has also transitioned from NBFC operations to a gift voucher and rewards business, with its NBFC license surrendered on March 20, 2026.