1. Un-Audited Financial Results for Q1 FY27

The Board approved the unaudited standalone financial results for the quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI Listing Regulations. The results were reviewed by the Audit Committee and recommended to the Board on the same date. The statutory auditors, R. C. Reshamwala & Co., issued a limited review report confirming the results were prepared in accordance with Ind AS 34, RBI guidelines, and other accounting principles.

Key Financial Figures (Amount in ₹ Lakhs):

  • Revenue from Operations: ₹576.01 (Q1 FY27) vs ₹420.80 (Q1 FY26)
  • Interest Income: ₹506.41
  • Documentation Fees: ₹69.60
  • Other Income: ₹0.66
  • Total Revenue: ₹576.67
  • Total Expenses: ₹439.66
  • Finance Costs: ₹340.18
  • Employee Benefits: ₹30.96
  • Depreciation: ₹7.27
  • Other Expenses: ₹60.87
  • Profit Before Tax: ₹137.02
  • Tax Expense: ₹38.01
  • Current Tax: ₹35.63
  • Deferred Tax: ₹2.39
  • Net Profit for Period: ₹99.00
  • Earnings Per Share (Basic & Diluted): ₹1.42
  • Paid-up Equity Share Capital: ₹695.28 lakh

2. Declaration of First Interim Dividend

The Board declared the first interim dividend for FY 2026-27 at ₹0.15 (1.5%) per equity share of face value ₹10 each, subject to TDS deduction. The dividend will be paid within 30 days from declaration to shareholders on the register as of the record date, which is fixed as Friday, August 21, 2026.

3. Approval for Issuance of NCDs

The Board approved raising funds through the issuance of Unsecured, Unlisted, Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. Key terms:

  • Total Issue Size: 700 NCDs of ₹1,00,000 each, aggregating ₹7,00,00,000 (Seven Crores)
  • Issuance: In one or more tranches to eligible investors
  • Tenure: 9 years
  • Interest Rate: 12% per annum fixed, payable monthly
  • Security: Unsecured
  • Listing: Not proposed to be listed
  • Redemption: At the end of 9 years; details to be intimated during allotment

4. Notice of 33rd Annual General Meeting

The Board approved the notice for the 33rd AGM to be held on Friday, September 11, 2026, at 12:15 PM through Video Conferencing/Other Audio-Visual Means. The cut-off date for determining members entitled to receive the notice is Friday, August 14, 2026.

Additional Operational Disclosures from Financial Statements

  • Business Segment: Single segment - Financing and Investing
  • NCD Issuance During Quarter: Allotted 300 Unsecured Non-Convertible Debentures at ₹100,000 per debenture (₹3 crore total). Repaid ₹2 crore. Total outstanding Unsecured NCDs as of June 30, 2026: ₹98.40 crore.
  • Secured NCDs Outstanding: ₹6.43 crore (secured by first pari passu charge over loan receivables & interest)
  • Total Loan Book: ₹126.03 crore as of June 30, 2026
  • Property Investments: ₹97.96 lakh in 6 properties (only 2 registered in company name)
  • Inter-Corporate Deposits: Accepted ₹7 crore during quarter; outstanding ₹7 crore as of June 30, 2026
  • Co-Lending Arrangements (CLAs):
  • Loans originated in Q1: ₹5.30 crore
  • Total loans originated under CLAs: ₹7.30 crore
  • Total disbursed under CLAs: ₹2.17 crore
  • Weighted average interest rate: 18.50%
  • Sector: Real Estate (classified as Standard)
  • Company's share: 20%
  • Fees received: ₹53.00 lakh; fees paid: ₹18.75 lakh

Notes

  • The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and published unaudited YTD figures up to Q3 FY26.
  • Previous period figures have been regrouped/reclassified to conform to current period presentation.