StockWatch
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Investment Company
Board Meeting10 Jul 2026, 06:20 pm

L&T Finance Board Approves Unaudited Results, Director Appointment

AI Summary

L&T Finance Ltd announced the outcome of its Board meeting held on July 10, 2026. The Board approved the unaudited financial results (consolidated and standalone) for the quarter ended June 30, 2026, along with the Limited Review Report. Additionally, the company approved the appointment of Mr. Prashant Kumar as an Additional (Independent) Director for a five-year term, subject to member approval. The Board also approved the re-classification of Nabha Power Limited from 'Promoter Group' to 'Public' category, pending regulatory approvals.

Key Highlights

  • Unaudited financial results for Q1 FY27 approved.
  • Mr. Prashant Kumar appointed as Additional Independent Director.
  • Nabha Power Limited re-classified from Promoter Group to Public.
  • Appointment and re-classification are subject to member/regulatory approvals.