Tag
Non-Banking Financial Company (NBFC)
23 articles
The non-banking financial company (NBFC) sector is experiencing a mix of growth and strategic shifts. L&T Finance reported a robust 36% year-over-year increase in Q1 retail disbursements, signaling continued strength in retail lending, while Summit Securities saw a 53% profit increase despite investment revaluation losses, highlighting resilience amidst market volatility. Acquisitions and restructuring are also underway, with Jagsonpal Services securing RBI approval for the Welcast Finstocks acquisition and Mars Fund receiving CCI approval for its Krazybee Finnovation acquisition. These developments suggest a dynamic landscape for NBFCs, balancing growth opportunities with regulatory scrutiny and market risks as they navigate evolving financial landscapes and adapt to changing investor expectations.
SecMark Consultancy Proposes Wholly Owned NBFC Subsidiary
SecMark Consultancy Board approved incorporation of a wholly owned subsidiary, Financial Aggregation Private Limited, on July 03, 2026.
The subsidiary will operate as an Account Aggregator NBFC, requi
L&T Finance Q1 Retail Disbursements Up 36% YoY
L&T Finance reports estimated Q1 FY2027 retail disbursements of ₹23,800 crore, showing 36% YoY growth.
Retail loan book estimated at ₹1,27,450 crore with 28% YoY growth, maintaining 98% retailisation
Jagsonpal Services Receives RBI Approval for Welcast Acquisition
Jagsonpal Services Ltd received RBI approval on 2nd July 2026 for acquiring 100% shareholding in NBFC Welcast Finstocks Private Limited.
The approval follows the company's initial disclosure dated 18t
Gujarat Lease Financing 43rd AGM Approves Resolutions
Gujarat Lease Financing held its 43rd Annual General Meeting on July 2, 2026, lasting 25 minutes via video conference.
Shareholders approved adoption of FY26 financial statements and auditor's reports
Summit Securities FY26 Profit Rises 53% Despite Market Volatility
Summit Securities reported 53% higher consolidated net profit of ₹10.46 crore despite ₹141.61 crore investment revaluation losses impacting comprehensive income.
The company will hold its 29th AGM on
Arco Leasing Open Offer for 25.57% at ₹10/Share
Mr. Jitesh Kothari and Mr. Atul Ramshankar Jaiswal launch open offer to acquire 27,74,970 equity shares (25.57%) of Arco Leasing Limited at ₹10 per share.
Offer price deemed fair by independent direct
Nahar Capital June 2026 Demat Report Submission
Nahar Capital submitted its monthly dematerialization report to BSE and NSE for June 2026.
The company dematerialized 400 equity shares during the month, canceling the physical certificates.
Total dep
Optimus Finance Submits Clearer FY26 Financial Results
Optimus Finance Limited responds to a BSE observation by submitting a clearer, legible version of its audited standalone and consolidated financial results for the year ended 31 March 2026.
Standalone
CCI Approves Mars Fund's Krazybee Finnovation Acquisition
CCI approved Mars Equity Dragon Fund VCC's acquisition of shares in Krazybee Services and Finnovation Tech Solutions.
Krazybee is an RBI-registered NBFC offering personal loans, business loans, and lo
Jagsonpal Services Seeks Shareholder Approval for Fund Reallocation
Jagsonpal Services Limited seeks shareholder approval via postal ballot to reallocate ₹15.88 crore from its February 2025 preferential issue.
Proposed reallocation reduces NBFC license funding from ₹1
Raama Finance Website Migration Completed
Raama Finance Ltd intimated BSE about successful completion of its website migration and maintenance activities.
The company's website is now fully operational and accessible at https://raamafinance.c
Quest Capital Markets 40th AGM Notice and FY26 Results
Quest Capital Markets announced its 40th AGM on July 27, 2026, proposing a ₹2.50 per share dividend and director reappointments.
FY26 financial results show revenue of ₹3,135.04 lakhs and net profit o
Master Trust Resubmits FY26 Results After NSE Observation
Master Trust Limited resubmits its audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, signed by the Managing Director to comply with an NSE observation.
The Boar
GIC Housing Finance FY26 Net Profit ₹154 Crore, Declares ₹4.50 Dividend
GIC Housing Finance reported FY26 net profit of ₹154.49 crore with total income of ₹1,083.22 crore and declared a final dividend of ₹4.50 per share.
The company held its 36th AGM virtually, approving
India Shelter Promoter Reclassification to Public Approved
India Shelter Finance submitted postal ballot voting results to BSE and NSE for regulatory compliance.
Shareholders approved reclassifying certain promoter group entities to public category with 99.99
CSL Finance FY26 Net Profit Rises 20% to ₹86.11 Crore
CSL Finance reports audited FY26 net profit of ₹86.11 crore, up 20% from FY25, with total income reaching ₹257.02 crore.
Board recommends 100% total dividend (30% final + 70% special) for FY26, subjec
Garbi Finvest FY26 Audited Results with Qualified Opinion
Garbi Finvest reported a net loss of ₹357.98 lakhs for FY26 with auditors issuing a qualified opinion due to provisioning and interest recognition issues.
Auditors could not verify adequacy of ₹1,510.
Garbi Finvest FY26 Audited Results with Qualified Opinion
Garbi Finvest reported a standalone net loss of ₹710.29 lakhs for FY26, approved in a board meeting on May 29, 2026.
Statutory auditors issued a qualified opinion citing non-compliance with Ind AS, in
Enbee Trade Promoter Sells 1 Million Shares
Enbee Trade and Finance Limited files a SEBI Takeover Regulations disclosure for a promoter group transaction.
Promoter group member Bharathi Narendra Gala sold 10,00,000 equity shares via open market
Ad-Manum Finance Submits Corrected FY26 Cash Flow
Ad-Manum Finance filed a corrigendum to its FY26 results, replacing a draft cash flow statement with the final audited version due to a clerical error.
The correction had no impact on PAT, EPS, net wo
Morarka Finance 41st AGM Notice and FY26 Results
Morarka Finance Limited issued notice for its 41st AGM on July 15, 2026, to be held virtually via VC/OAVM.
Company recommended final dividend of ₹1.50 per share and reported FY26 net profit of ₹143.04
TCFC Finance FY26 Results and Capital Reduction
TCFC Finance submitted revised audited standalone financial results for FY26, reporting a net loss of ₹53.62 lakhs for Q4 and ₹181.51 lakhs for the full year.
The Board fixed June 4, 2026 as record da
Raama Finance FY26 PAT at ₹3.24 Cr, 30x Revenue Growth
Raama Finance Limited filed its FY26 investor presentation with BSE, reporting audited standalone financial results for Q4 and year ended March 31, 2026.
Company achieved total income of ₹12.13 Cr (30