GOLDEN LEGAND LEASING & FINANCE LTD.

Golden Legend Leasing & Finance Ltd has announced the successful incorporation of its Wholly Owned Subsidiary (WOS), Gullakkart Private Limited. This move is a significant step in the company's strategy to enhance its digital financial services ecosystem and expand its technology-enabled lending business. The WOS will focus on digital payment solutions and plans to apply for a Prepaid Payment Instrument (PPI) Licence from the RBI. This initiative is expected to complement the company's existing lending operations by providing digital payment facilities, improving customer convenience, and strengthening its tech-driven lending platform.

Golden Legend Leasing & Finance Ltd has submitted its Audited Financial Results for FY ended March 31, 2026, along with a Statement on Impact of Audit Qualification. The company's auditor has issued a qualified opinion due to significant issues including unprovided expenses for suspicious merchant transactions totaling ₹7528.18 Lakhs, pending confirmation of trade receivables and payables, and reconciliation of income with bank transactions. The company has rectified the omission of the audit qualification statement in its XBRL filing.

Golden Legend Leasing & Finance Ltd has announced the closure of its trading window for designated persons and their immediate relatives. 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 remain shut from July 1, 2026, until 48 hours after the board meeting where financial results for the quarter ended June 30, 2026, will be considered and approved. The exact date of the board meeting will be communicated later. The company has also uploaded this intimation on its website.

The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, which included a modified auditor's opinion. Key decisions also included increasing the company's borrowing limits to ₹500 crore, subject to shareholder approval. Mr. Ashish Anand was appointed as an Additional Non-Executive Independent Director for a five-year term. Furthermore, the board reconstituted the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, appointed Mr. Rahul Katakkar as the Internal Auditor for FY27, and revised the remuneration for the Executive Director & CEO, Mr. Jaspal Singh Sidhu. A CSR Committee was also constituted.

GOLDEN LEGAND LEASING AND FINANCE LIMITED (GLLFL) announced its audited financial results for the quarter and year ended March 31, 2026, approved by the Board on May 28, 2026. The statutory auditors, M/s Sunil Vankawala & Associates, issued a modified opinion on the standalone financial results. The qualification is primarily due to suspicious transactions amounting to ₹7528.18 Lakhs, for which the company's bank account is under lien and no provision has been recognized. Additionally, balances for trade receivables, payables, loans, advances, borrowings, and other current assets/liabilities are subject to confirmation and reconciliation, preventing auditors from commenting on their impact. The trading window for insiders will re-open on June 1, 2026.

The Board of Directors of 509024 approved the Audited Financial Results for the quarter and year ended March 31, 2026. The Statutory Auditors, M/s Sunil Vankawala & Associates, issued an Auditor’s Report on these results with a modified opinion. Additionally, the Board approved increasing the company's borrowing limits to ₹500,00,00,000, subject to shareholder approval. Mr. Ashish Anand was appointed as an Additional Non-Executive Independent Director for five years, also subject to shareholder approval. The Board also re-constituted the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, and approved the re-appointment of Mr. Rahul Katakkar as Internal Auditor for FY 2026-27. Remuneration for the Executive Director & CEO, Mr. Jaspal Singh Sidhu, was also revised.

Golden Legand Leasing & Finance Ltd has scheduled a meeting of its Board of Directors on May 28, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The company has informed the BSE about this meeting in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website.

Ms. Neha Kargeti has resigned as an Independent Director and from her committee positions at Golden Legend Leasing & Finance Ltd, effective April 20, 2026, due to personal reasons. She confirmed no other material reasons for her departure. Her resignation also means she ceases to be Chairperson of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee.

Golden Legand Leasing & Finance Ltd announced the appointment of Mr. Jaspal Singh Sidhu as the Chief Executive Officer (CEO) and Key Managerial Personnel (KMP), Mr. Ajeet Singh Rathore as an Additional Non-Executive Independent Director, and the re-appointment of Mr. Hemendra Sharma as a Non-Executive Independent Director. The Board also approved the re-constitution of Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee.

Golden Legand Leasing & finance Ltd announced the appointment of Mr. Jaspal Singh Sidhu as the Chief Executive Officer (CEO) and two new directors, Mr. Ajeet Singh Rathore and Mr. Hemendra Sharma, at the board meeting held on March 30, 2026. Mr. Sidhu, aged 42, has over 15 years of experience in manpower management and business operations. He has been serving as the Managing Director of Chandar Logistics and Trading Company (India) Private Limited since 2008 and has been associated with the Company as an Executive Director since December 5, 2024. Mr. Rathore and Mr. Sharma have been appointed for their first and second terms of 5 consecutive years, respectively. The board also approved the re-constitution of Audit Committee, Nomination & Remuneration Committee and Stakeholders Relationship Committee of the Company.