India Lease Development Ltd (500202)
Latest quarterly results (Q1 FY27)
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Operating profit | ₹-0.0 | — | — |
| Net profit | ₹-0.0 | loss narrowed | to loss |
| EPS (₹) | -0.02 | loss narrowed | to loss |
📢 Recent Corporate Announcements
India Lease Development Ltd has submitted the minutes of its 41st Annual General Meeting held on September 24, 2026. A total of 219 members participated via video conferencing, and all 8 items of ordinary and special business were approved by requisite majority. Key approvals include the adoption of FY26 audited standalone financial statements and the re-appointment of Rohit Madan as Manager, Company Secretary & CFO for 3 years from April 1, 2027, to March 31, 2030. The company noted it is evaluating different alternatives to maximize shareholder wealth given its small operating scale.
- 41st AGM held on September 24, 2026, with 219 members attending via video conferencing
- All 8 resolutions (4 ordinary, 4 special) passed with requisite majority
- Resolution 1 (FY26 Audited Financials) approved with 98,53,987 votes (100% of valid votes cast)
- Re-appointment of Rohit Madan as Manager, CS & CFO approved for 3 years from April 01, 2027 to March 31, 2030
India Lease Development Ltd has approved the re-appointment of its core management team, including Chairman Shri Rajiv Gupta and CFO Mr. Rohit Madan. Mr. Madan's re-appointment as Manager, CS, and CFO is for a three-year term effective from April 1, 2027, to March 31, 2030. Additionally, the board re-appointed Ms. Sumana Verma as a director and Sudhir Kumar Agarwal as the internal auditor for FY 2026-27. These decisions are subject to shareholder approval at the upcoming 41st Annual General Meeting.
- Re-appointment of Mr. Rohit Madan as CFO for a 3-year term starting April 1, 2027
- Chairman Shri Rajiv Gupta holds 9,11,045 equity shares as of March 31, 2026
- Ms. Sumana Verma holds 75,350 equity shares as of March 31, 2026
- Internal Auditor Sudhir Kumar Agarwal re-appointed for the financial year 2026-2027
- Appointments are subject to approval at the 41st Annual General Meeting
India Lease Development Ltd has announced the dates for its 41st Annual General Meeting (AGM) to be held on September 24, 2026. The register of members and share transfer books will be closed from September 18 to September 24, 2026, to determine shareholder eligibility for the meeting. This is a standard regulatory filing for a micro-cap NBFC with a market capitalization of approximately Rs 8 crore and TTM revenue of Rs 1 crore. No dividend or corporate action other than the AGM was mentioned in this specific filing.
- 41st Annual General Meeting (AGM) scheduled for September 24, 2026
- Book closure period fixed from September 18, 2026, to September 24, 2026 (7 days)
- Company reported a small TTM PAT of Rs 0.02 crore for FY26
- Promoter holding remains stable at 71.66% as of June 2026
India Lease Development Ltd has announced its 41st Annual General Meeting (AGM) to be held on September 24, 2026, at 12:30 PM via Video Conferencing. This follows a board meeting held on August 11, 2026, where the date was approved. The company is a micro-cap NBFC with a market capitalization of only Rs 8 Cr and TTM revenue of Rs 1 Cr. This is a standard procedural filing required by regulatory norms.
- 41st Annual General Meeting scheduled for September 24, 2026
- Board of Directors approved the meeting date on August 11, 2026
- Meeting to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Scheduled start time is 12:30 PM at the registered office in New Delhi
India Lease Development reported a standalone net loss of ₹2.65 lakhs for the quarter ended June 30, 2026, showing a slight improvement from a loss of ₹5.52 lakhs in the same period last year. Total revenue from operations rose to ₹15.64 lakhs from ₹12.75 lakhs YoY, primarily driven by interest income of ₹12.20 lakhs. The company continues to violate RBI's Principal Business Criteria as its financial assets remain below 50% of total assets. Operations remain stagnant as the company has discontinued fresh hire purchase and leasing business, focusing instead on asset realization.
- Net loss narrowed to ₹2.65 lakhs in Q1 2026 from ₹5.52 lakhs in Q1 2025.
- Total revenue from operations increased 22.6% YoY to ₹15.64 lakhs.
- Financial assets constitute less than 50% of total assets, failing RBI's Section 45-I(f) criteria.
- Employee benefit expenses of ₹8.10 lakhs consumed 51.8% of total revenue.
- Negative reserves stood at ₹533.66 lakhs as of March 31, 2026, against a share capital of ₹1,470.02 lakhs.
India Lease Development reported a net loss of ₹2.65 lakhs for Q1 FY27, showing a slight improvement from the ₹5.52 lakhs loss in Q1 FY26. Total revenue for the quarter rose to ₹15.65 lakhs, up from ₹12.76 lakhs YoY. A significant regulatory concern was noted by auditors: the company failed to meet the RBI's Principal Business Criteria as its financial assets were less than 50% of total assets as of June 30, 2026. The board has scheduled the 41st AGM for September 24, 2026, and re-appointed the CFO for a three-year term starting April 2027.
- Net loss narrowed to ₹2.65 lakhs in Q1 FY27 from ₹5.52 lakhs in the year-ago period
- Total revenue increased 22.6% YoY to ₹15.65 lakhs from ₹12.76 lakhs
- Auditors flagged non-compliance with RBI Principal Business Criteria as financial assets are < 50% of total assets
- CFO Rohit Madan re-appointed for a 3-year term effective from April 1, 2027
- 41st Annual General Meeting (AGM) to be held on September 24, 2026
India Lease Development Ltd has scheduled a board meeting on August 11, 2026, to approve its standalone unaudited financial results for the quarter ended June 30, 2026. The board will also finalize the notice for the 41st Annual General Meeting (AGM) and consider the re-appointment of Shri Rohit Madan as Manager, CS, and CFO. Additionally, the agenda includes the approval of material Related Party Transactions (RPTs). This is a routine but necessary filing for a micro-cap company with a TTM revenue of just Rs 1 Cr.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 financial results.
- Agenda includes the approval of the 41st Annual General Meeting (AGM) notice and Director's Report for FY26.
- Re-appointment of Shri Rohit Madan as Manager, CS, and CFO is under consideration.
- Board to consider and approve material Related Party Transactions (RPTs).
- Company reported a small net profit of Rs 0.06 Cr in the previous quarter (March 2026).
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