Goenka Business & Finance Ltd

Goenka Business & Finance Limited has received a final order from the Securities and Exchange Board of India (SEBI) imposing a monetary penalty of ₹1,00,00,000. Additionally, the company is restrained from accessing the securities market and prohibited from dealing in securities for a period of five years. This action stems from violations under Sections 11(1), 11(4), 11(4A), 11B (1), and 11B (2) of the SEBI Act, 1992. The company acknowledges the order was received on July 1, 2026, and believes it will impact its financial strength. Goenka Business & Finance reserves the right to appeal the order.

Goenka Business & Finance Ltd has announced the closure of its trading window for all designated persons and their immediate relatives, as well as specified connected persons. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, and will reopen 48 hours after the disclosure of the un-audited financial results for the quarter and period ended June 30, 2026. The date of the board meeting to approve these results will be communicated separately.

Goenka Business & Finance Ltd's board, in its meeting on May 26, 2026, approved the appointment of Mr. Atul Jashwantrai Sheth, a Chartered Accountant, as an Independent Director for a 5-year term, subject to shareholder approval. The board also re-appointed M/s. HARSH PRAJAPATI & CO as Internal Auditors for FY 2026-27 and accepted the resignation of Mr. Dharmik Solanki as Company Secretary & Compliance Officer, effective the same day.

Goenka Business & Finance Ltd. approved the audited standalone financial results for the quarter and financial year ended March 31, 2026, during its Board Meeting on May 26, 2026. The board also re-appointed M/s. HARSH PRAJAPATI & CO as Internal Auditors for FY 2026-27 and appointed Mr. Atul Jashwantrai Sheth as an Independent Director for a 5-year term, subject to shareholder approval. Additionally, the resignation of Mr. Dharmik Solanki as Company Secretary & Compliance Officer was accepted, effective May 26, 2026.

Goenka Business & Finance Ltd's Board of Directors approved the audited standalone financial results for the quarter and financial year ended March 31, 2026, during their meeting on May 26, 2026. The board also re-appointed M/s. HARSH PRAJAPATI & CO as Internal Auditors for FY 2026-27 and appointed Mr. Atul Jashwantrai Sheth as an Independent Director for a 5-year term, subject to shareholder approval. The resignation of Mr. Dharmik Solanki as Company Secretary & Compliance Officer was also noted and accepted, effective from the close of business hours on May 26, 2026.

Goenka Business & Finance Ltd has scheduled a Board of Directors meeting on May 26, 2026, at 04:00 PM. The key agenda items include the consideration and approval of the Audited Standalone Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026. Additionally, the Board will consider the re-appointment of M/s. HARSH PRAJAPATI & CO as Internal Auditors for FY 2026-27 and the appointment of Mr. Atul Jashwantrai Sheth (a Chartered Accountant and Insolvency Professional with over 35 years of experience) as an Independent Director, subject to shareholder approval. The trading window closure period will end 48 hours after the results are made public on May 28, 2026.

Goenka Business & Finance Ltd has received the annual disclosure from its promoters under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The promoter, RISE HIGH TRACOM PRIVATE LIMITED, holds 19,38,000 (Nineteen Lakhs Thirty-Eight Thousand) shares in the company as of the end of the financial year. No encumbrance of shares was created or invoked directly or indirectly during the financial year 2025-26.

Goenka Business & Finance Ltd has announced the closure of the trading window for all Designated Persons, their immediate relatives, and specified Connected Persons. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Prohibition of Insider Trading. The trading window will remain closed from Wednesday, 01st April 2026 until 48 hours after the disclosure of the Audited Financial Results for the Quarter and Year ended on 31st March 2026. The date of the Board meeting for the consideration and approval of these financial results is yet to be communicated.

Goenka Business & Finance Ltd has clarified that there is no information or announcement that may have an impact on the price/volume behavior of the company's script. The movement in the price is purely due to market conditions and is absolutely market-driven. The company assures of continuous adherence to the disclosure requirements laid down in Regulation 30 of the SEBI (LODR) 2015.

Aditya Enterprise has sold a total of 8,10,000 shares in Goenka Business & Finance Limited, which amounts to 6.23% of the company’s issued shares. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The sale was made across all mandates and the details of the acquisition are provided in the appropriate form pursuant to the regulation. The transaction was completed on March 02, 2026.