Upsurge Investment & Finance Limited held a Board of Directors meeting on August 10, 2026, which commenced at 12:00 PM and concluded at 12:38 PM. The Board transacted the following key matters:
Financial Results Approval
The Board approved the unaudited standalone financial results for the quarter ended June 30, 2026. The results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, and have been reviewed by the Audit Committee. The financial results will be uploaded on the company's website (www.upsurgeinvestment.com) and the BSE website (www.bseindia.com).
Dividend Declaration
The Board declared an interim dividend of 5% (₹0.50 per equity share) for FY 2026-27 on equity shares of ₹10 each. The dividend will be paid within stipulated timelines as prescribed under law.
Record Date
In accordance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the record date for determining shareholder entitlement for the interim dividend is set for Friday, August 21, 2026.
Business Operations
The company's main business is NBFC activity, with all other activities revolving around this core business. There are no separate reportable segments as per Ind AS 108 "Operating Segments."
Auditor Review
The financial results were reviewed by Jain & Trivedi Chartered Accountants (Firm Registration No. 113496W), who conducted their review in accordance with Standard on Review Engagements (SRE) 2410. The auditors concluded that nothing came to their attention causing them to believe the statement contains material misstatements or fails to disclose required information under SEBI Listing Regulations.