Board Meeting Details
The Board meeting commenced at 11:45 am and concluded at 12:30 noon on July 29, 2026.
Key Approvals and Decisions
1. Financial Results Approval
- The Board approved the unaudited financial results for the quarter ended June 30, 2026
- Audited financial results and Auditors' Report were submitted by the Company's Auditors
- In terms of Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Auditors provided an unmodified opinion on the audited standalone financial results for the quarter ended June 30, 2026
2. Director Resignation
- The Board accepted the resignation of Mr. Nilesh Ramanlal Doshi, Independent Director designated as Chairman of the Board
- Resignation effective from July 29, 2026
- Details provided as required under Regulation 30 of Listing Regulations read with Part A of Schedule III and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Director Resignation Details
Resignation of Mr. Nilesh Ramanlal Doshi
- Position: Non-Executive Independent Director designated as Chairman
- Resignation Date: July 29, 2026
- Reason for Resignation: Health problems
- Confirmation: Mr. Doshi confirmed there are no other material reasons for resignation beyond health issues
- Directorships: Mr. Doshi holds no directorships in other listed entities
- DIN: 00249715
Auditor Review Report
NS Shetty & Co Chartered Accountants (Firm Reg. No. 110101W) conducted a limited review of the unaudited financial results for the quarter ended June 30, 2026:
- Review performed in accordance with Standard on Review Engagement (SRE) 2410
- Review consisted of inquiries and analytical procedures
- Review is substantially less in scope than a full audit
- No issues identified that would suggest material misstatement or non-compliance with disclosure requirements
- Figures for quarter ended March 31, 2026 are balancing figures between audited full-year figures and published year-to-date figures up to third quarter of previous financial year
- Financial results prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting"
Financial Statements Preparation
- Results prepared based on un-audited standalone financial statements
- Prepared in accordance with Indian Accounting Standards (Ind-AS) prescribed under Section 133 of Companies Act, 2013
- Previous period figures have been regrouped/reclassified/restated where necessary
- Company has only one segment: Financial Services
- Results reviewed by Audit Committee and approved by Board of Directors