BYLD Capital Finance Ltd (511730)
Latest quarterly results (Q1 FY27)
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Operating profit | ₹0.1 | — | — |
| Net profit | ₹0.1 | from loss | from loss |
| EPS (₹) | 0.04 | from loss | from loss |
📢 Recent Corporate Announcements
BYLD Capital Finance Limited (formerly Avasara Finance Limited) has announced the schedule for its 32nd Annual General Meeting (AGM) to be held on September 22, 2026, via Video Conferencing/OAVM. In accordance with Regulation 42 of SEBI LODR, the Register of Members and Share Transfer Books will remain closed from September 16, 2026, to September 22, 2026 (both days inclusive). The company holds a market cap of approximately Rs 30 Cr and reported revenue of Rs 0.26 Cr in Q1 FY27 (June 2026). This is a routine administrative compliance filing with no operational or financial impact.
- 32nd AGM scheduled for Tuesday, September 22, 2026, at 12:00 Noon via VC/OAVM
- Book closure period set from Wednesday, September 16, 2026, to Tuesday, September 22, 2026 (both days inclusive)
- Filing submitted under Regulation 42 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
BYLD Capital Finance Limited (formerly Avasara Finance Limited) has released its Annual Report for FY 2025-26 along with the notice for its 32nd Annual General Meeting (AGM) scheduled for September 22, 2026. Key agenda items include the adoption of FY26 financial statements and the appointment of M/s. Ford Rhodes Parks & Co LLP as Statutory Auditors for a 3-year term until 2029. Additionally, the company is proposing the appointment of M/s Priti J Sheth & Associates as Secretarial Auditors for a 5-year tenure up to FY 2030-31. The company reported a net loss of ₹2.21 crore on revenue of ₹0.06 crore for FY26.
- 32nd AGM scheduled on Tuesday, September 22, 2026, at 12:00 Noon IST via VC/OAVM.
- Proposed appointment of M/s. Ford Rhodes Parks & Co LLP as Statutory Auditors for a term of 3 consecutive years up to 2029.
- Proposed appointment of M/s Priti J Sheth & Associates as Secretarial Auditor for a 5-year term covering FY 2026-27 to FY 2030-31.
- Company changed its name from Avasara Finance Limited to BYLD Capital Finance Limited on May 22, 2026.
BYLD Capital Finance Limited has issued the notice for its 32nd Annual General Meeting (AGM) scheduled for Tuesday, September 22, 2026, at 12:00 PM IST via Video Conferencing. Key agenda items include adopting the audited financial statements for FY26 and re-appointing Mr. Venkatraman Venkitachalam as Director. Additionally, the company has proposed appointing M/s. Ford Rhodes Parks & Co LLP as Statutory Auditors for a 3-year term ending at the 35th AGM in 2029, replacing retiring auditors M/s. P.B. Shetty & Co. The notice also proposes appointing M/s Priti J Sheth & Associates as Secretarial Auditor for a 5-year term from FY27 to FY31.
- 32nd AGM scheduled for September 22, 2026 at 12:00 Noon IST via VC/OAVM
- Appointment of M/s. Ford Rhodes Parks & Co LLP as Statutory Auditors for a 3-year term until the 35th AGM in 2029
- Appointment of M/s Priti J Sheth & Associates as Secretarial Auditor for a 5-year term covering FY27 to FY31
- Proposal for re-appointment of retiring director Mr. Venkatraman Venkitachalam (Age 49)
BYLD Capital Finance Ltd has clarified a minor compliance delay regarding the resignation of Mr. Eugene Oommen Koshy, a Non-Executive, Non-Independent Director. The resignation letter was received on August 10, 2026, and formally noted by the Board on August 12, 2026. The company missed the statutory 24-hour filing window due to internal administrative coordination issues. This management change occurs as the company remains in a precarious financial position, reporting a net loss of ₹2.21 Cr on negligible revenue of ₹0.06 Cr for FY26.
- Resignation letter from Mr. Eugene Oommen Koshy received on August 10, 2026
- Board of Directors formally took the resignation on record on August 12, 2026
- Company reported a total revenue of only ₹0.06 Cr for the full year FY26
- Market capitalization remains small at approximately ₹30 Cr
- Promoter holding stands at 74.62% as of June 2026
BYLD Capital Finance has announced the resignation of Mr. Eugene Oommen Koshy, a Non-Executive Non-Independent Director, effective August 10, 2026, citing personal and professional commitments. Simultaneously, Ms. Madhavi Khandavalli has resigned as Company Secretary and Compliance Officer due to retirement, effective August 12, 2026. These changes occur in a micro-cap company (Rs 30 Cr market cap) that reported a net loss of Rs 2.21 Cr in FY26 on a negligible revenue base of Rs 0.06 Cr. The company must now fill the statutory vacancy of the Compliance Officer.
- Resignation of Mr. Eugene Oommen Koshy as Non-Executive Director effective August 10, 2026.
- Resignation of Ms. Madhavi Khandavalli as Company Secretary and Compliance Officer effective August 12, 2026.
- Mr. Koshy vacates positions in four committees: Audit, Nomination & Remuneration, Stakeholders' Relationship, and Investment.
- Company reported a TTM net loss of Rs 2 Cr against a TTM revenue of Rs 0 Cr.
- Promoter holding remains high at 74.62% as of June 2026.
BYLD Capital Finance Ltd has announced the resignation of Mr. Eugene Oommen Koshy, a Non-Executive Non-Independent Director, effective August 10, 2026. Additionally, Ms. Madhavi Khandavalli, the Company Secretary and Compliance Officer, resigned effective August 12, 2026, citing retirement. The company is a micro-cap NBFC with a market capitalization of Rs 30 Cr and negligible TTM revenue of Rs 0 Cr. These management exits occur as the company continues to report financial stress, including a net loss of Rs 2.21 Cr for FY26.
- Director Eugene Oommen Koshy resigned effective close of business on August 10, 2026
- Company Secretary Madhavi Khandavalli resigned effective August 12, 2026, due to retirement
- Company reported a net loss of Rs 2.21 Cr for FY26 on revenue of just Rs 0.06 Cr
- Promoter holding remains stable at 74.62% as of June 2026
BYLD Capital Finance has announced the resignation of Mr. Eugene Oommen Koshy, a Non-Executive Non-Independent Director, effective August 10, 2026, due to personal and professional commitments. Additionally, Ms. Madhavi Khandavalli has resigned as Company Secretary and Compliance Officer effective August 12, 2026, citing retirement. These exits occur in a micro-cap company with a market capitalization of just Rs 30 Cr and negligible TTM revenue. The company reported a net loss of Rs 2.21 Cr for FY26, highlighting ongoing operational challenges.
- Mr. Eugene Oommen Koshy resigned as Director effective August 10, 2026.
- Ms. Madhavi Khandavalli resigned as Company Secretary effective August 12, 2026.
- The company recorded a total revenue of only Rs 0.06 Cr in FY26.
- Net loss for the full year FY26 stood at Rs 2.21 Cr.
- Promoter holding remains stable at 74.62% as of June 2026.
BYLD Capital Finance Ltd (formerly Avasara Finance) has announced the resignation of two key officials. Mr. Eugene Oommen Koshy resigned as a Non-Executive, Non-Independent Director effective August 10, 2026, citing personal and professional commitments. Additionally, Ms. Madhavi Khandavalli resigned as Company Secretary and Compliance Officer effective August 12, 2026, due to retirement. The company, a micro-cap NBFC with a market cap of Rs 30 Cr and TTM revenue of Rs 0 Cr, must now appoint a new Compliance Officer to maintain regulatory standards.
- Mr. Eugene Oommen Koshy resigned as Non-Executive Director effective close of business on August 10, 2026.
- Ms. Madhavi Khandavalli resigned as Company Secretary and Compliance Officer effective August 12, 2026.
- Ms. Khandavalli had been in the role since February 14, 2025, serving for approximately 1.5 years.
- The company reported a net loss of Rs 2.21 Cr for FY26 on a total revenue of only Rs 0.06 Cr.
- Promoter holding remains high at 74.62% as of June 2026.
BYLD Capital Finance Ltd has announced the resignation of Mr. Eugene Oommen Koshy, a Non-Executive Non-Independent Director, effective August 10, 2026, due to personal and professional commitments. Simultaneously, Ms. Madhavi Khandavalli has resigned as Company Secretary and Compliance Officer effective August 12, 2026, citing retirement. These changes occur in a company with a market capitalization of Rs 30 Cr and zero revenue reported for the trailing twelve months. Mr. Koshy also vacated his positions on the Audit, Investment, and Nomination & Remuneration committees.
- Resignation of Mr. Eugene Oommen Koshy as Non-Executive Director effective August 10, 2026
- Resignation of Ms. Madhavi Khandavalli as Company Secretary effective August 12, 2026
- Mr. Koshy stepped down from 4 board committees including Audit and Investment
- Company reported TTM revenue of Rs 0 Cr and a net loss of Rs 2.21 Cr for FY26
- Promoter holding remains high at 74.62% as of June 2026
BYLD Capital Finance has reported a turnaround in Q1 FY27, posting a Net Profit of Rs 5.59 Lakhs compared to a loss of Rs 18.79 Lakhs in Q1 FY26. Total revenue for the quarter reached Rs 26.36 Lakhs, driven by Rs 16.03 Lakhs from operations, a significant improvement from the zero-revenue base in the previous year's quarter. Despite the profit, the company faces a structural challenge with accumulated losses of Rs 514.18 Lakhs, which has led to a significant erosion of its net worth. The auditor has issued an unmodified opinion but highlighted these accumulated losses as a point of concern regarding the company's financial health.
- Reported a Net Profit of Rs 5.59 Lakhs in Q1 FY27 against a loss of Rs 18.79 Lakhs in Q1 FY26.
- Revenue from operations grew to Rs 16.03 Lakhs from nil in the corresponding quarter of the previous year.
- Accumulated losses stand at Rs 514.18 Lakhs as of June 30, 2026, impacting the overall net worth.
- Total assets stood at Rs 1,095.86 Lakhs, with investments accounting for Rs 855.85 Lakhs.
- Borrowings decreased to Rs 99.43 Lakhs from Rs 127.04 Lakhs in March 2026.
BYLD Capital Finance, a micro-cap NBFC with a market cap of Rs 30 Cr, has approved the acquisition of BYLD Wealth Advisory Private Limited. This move is significant as the company reported negligible revenue of just Rs 0.06 Cr in FY26 and a net loss of Rs 2.21 Cr. The board also accepted the resignations of a Non-Executive Director and the Company Secretary. Investors should note that while the acquisition could provide a new revenue stream, the specific deal terms and valuation were not disclosed in this brief.
- Approved the acquisition of BYLD Wealth Advisory Private Limited on August 12, 2026
- Accepted the resignation of Non-Executive Director Mr. Eugene Oommen Koshy
- Accepted the resignation of Company Secretary and Compliance Officer Ms. Madhavi Khandavalli
- Approved Un-Audited Financial Results for the quarter ended June 30, 2026
- Board meeting concluded within 1 hour and 45 minutes (02:30 PM to 04:15 PM)
BYLD Capital Finance has scheduled a board meeting on August 12, 2026, to approve its Q1 FY27 financial results and consider the acquisition of BYLD Wealth Advisory Private Limited. This is a significant development for a company that reported negligible revenue of just Rs 0.06 Cr in FY26 and a net loss of Rs 2.21 Cr. Given the company's small market cap of Rs 28 Cr and net worth of Rs 10 Cr, any acquisition could materially alter its business profile. The company recently underwent a name change from Avasara Finance, suggesting a broader corporate restructuring.
- Board meeting scheduled for August 12, 2026, to consider the acquisition of BYLD Wealth Advisory Private Limited
- Company reported a net loss of Rs 2.21 Cr for FY26 against a revenue of only Rs 0.06 Cr
- Promoter holding remains high at 74.62% as of June 2026
- Trading window remains closed from July 01, 2026, until 48 hours after the results declaration
- Market capitalization is currently a micro-cap level of Rs 28 Cr
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