Shri Niwas Leasing And Finance Ltd (538897)
Q2 FY27 results
📅 Next results: 19 Oct 2026 (board meeting)Shri Niwas Leasing And Finance Ltd's board meets on 19 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Shri Niwas' net interest income was ₹0.3 Cr (-64.6% year on year, -48.0% on the previous quarter), and net profit ₹0.2 Cr (-100.0% year on year).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹0.3 | -64.6% | -48.0% |
| Operating profit | ₹0.2 | — | — |
| Net profit | ₹0.2 | -100.0% | -98.3% |
| EPS (₹) | 0.30 | -99.9% | -86.6% |
📢 Recent Corporate Announcements
Shri Niwas Leasing and Finance Ltd has approved the appointment of Ms. Anjali Kishor Gajra as an Additional (Non-Executive and Independent) Director effective October 12, 2026. The appointment was cleared in a Board meeting held on October 12, 2026, and is subject to shareholder approval at the upcoming Extraordinary General Meeting. Ms. Gajra currently holds a directorship in one other entity (Utsav Securities Private Limited). The company, which reported a TTM revenue of Rs 1 Cr and operates with a low promoter holding of 1.94%, is making a routine board-level compliance change.
- Board approved appointment of Ms. Anjali Kishor Gajra (DIN: 11283629) w.e.f. October 12, 2026
- Board meeting conducted on October 12, 2026, from 06:00 p.m. to 06:40 p.m.
- Term is valid until the upcoming Extraordinary General Meeting (EGM) for shareholder regularization
- Holds 1 existing directorship in Utsav Securities Private Limited appointed on 11/11/2025
Shri Niwas Leasing and Finance Ltd has approved the appointment of Ms. Anjali Kishor Gajra as an Additional (Non-Executive and Independent) Director effective October 12, 2026. The appointment was cleared in a Board meeting held on October 12, 2026, and is subject to shareholder approval at the upcoming Extraordinary General Meeting. Ms. Gajra currently holds a directorship in one other entity (Utsav Securities Private Limited). The company, which reported a TTM revenue of Rs 1 Cr and operates with a low promoter holding of 1.94%, is making a routine board-level compliance change.
- Board approved appointment of Ms. Anjali Kishor Gajra (DIN: 11283629) w.e.f. October 12, 2026
- Board meeting conducted on October 12, 2026, from 06:00 p.m. to 06:40 p.m.
- Term is valid until the upcoming Extraordinary General Meeting (EGM) for shareholder regularization
- Holds 1 existing directorship in Utsav Securities Private Limited appointed on 11/11/2025
Shri Niwas Leasing And Finance announced the resignation of two Independent Directors, Mr. Ravindra Dilip Davrung and Ms. Rekhaben Sanjay Bhanushali, effective October 12, 2026, citing personal reasons. Concurrently, the Board approved the appointment of Ms. Anjali Kishor Gajra as an Additional Independent and Non-Executive Director. The company confirmed that there are no other material reasons behind the departures. This leadership churn occurs in a micro-cap NBFC with a market cap of ₹50 Cr and negative net worth of -₹82 Cr.
- Resignation of Independent Director Mr. Ravindra Dilip Davrung effective 12th October 2026 citing personal reasons
- Resignation of Independent Director Ms. Rekhaben Sanjay Bhanushali effective 12th October 2026 citing personal reasons
- Appointment of Ms. Anjali Kishor Gajra as Additional Independent & Non-Executive Director effective 12th October 2026
- Board meeting commenced at 6:00 PM IST and concluded at 6:40 PM IST on 12th October 2026
Shri Niwas Leasing and Finance Limited has appointed Ms. Anjali Kishor Gajra (DIN: 11283629) as an Additional Director in the capacity of Non-Executive & Independent Director, effective October 12, 2026. The appointment was approved during a 40-minute Board meeting held between 06:00 p.m. and 06:40 p.m. on the same day. Her tenure will continue until the company's next Extraordinary General Meeting (EGM), where her regularization will be submitted for shareholder approval. The company currently operates with a negative net worth of Rs -82 crore and a low promoter holding of 1.94%.
- Appointment of Ms. Anjali Kishor Gajra as Additional Independent Director effective October 12, 2026
- Board meeting commenced at 06:00 p.m. and concluded at 06:40 p.m. on October 12, 2026
- Director holds directorship in 1 other company prior to this appointment
- Term is valid up to the upcoming Extraordinary General Meeting (EGM) for shareholder regularization
Shri Niwas Leasing and Finance Limited has appointed Ms. Anjali Kishor Gajra (DIN: 11283629) as an Additional Director in the capacity of Non-Executive & Independent Director, effective October 12, 2026. The appointment was approved during a 40-minute Board meeting held between 06:00 p.m. and 06:40 p.m. on the same day. Her tenure will continue until the company's next Extraordinary General Meeting (EGM), where her regularization will be submitted for shareholder approval. The company currently operates with a negative net worth of Rs -82 crore and a low promoter holding of 1.94%.
- Appointment of Ms. Anjali Kishor Gajra as Additional Independent Director effective October 12, 2026
- Board meeting commenced at 06:00 p.m. and concluded at 06:40 p.m. on October 12, 2026
- Director holds directorship in 1 other company prior to this appointment
- Term is valid up to the upcoming Extraordinary General Meeting (EGM) for shareholder regularization
Shri Niwas Leasing and Finance announced the immediate resignation of two Independent Directors, Mr. Ravindra Dilip Davrung and Ms. Rekhaben Sanjay Bhanushali, effective October 12, 2026, citing personal reasons. Concurrently, the Board approved the appointment of Ms. Anjali Kishor Gajra as an Additional Independent and Non-Executive Director. The company reported minimal operations with Q1 FY27 revenue of ₹0.2549 crore and holds a deeply negative net worth of -₹82 crore with promoter holding at 1.94%.
- Resignation of two Independent Directors, Mr. Ravindra Dilip Davrung and Ms. Rekhaben Sanjay Bhanushali, effective 12th October 2026
- Appointment of Ms. Anjali Kishor Gajra as Additional Independent Non-Executive Director on 12th October 2026
- Board meeting commenced at 6:00 PM IST and concluded at 6:40 PM IST on 12th October 2026
- Both outgoing directors confirmed resignations were due to personal reasons with no other material reasons
Shri Niwas Leasing And Finance Ltd has submitted its 41st Annual Report along with the AGM notice for FY 2025-26 in compliance with Regulation 34 of SEBI LODR. The filing details corporate governance structures, board compositions, and statutory auditor reports. Key disclosures indicate zero intra-group exposures and nil material related-party transactions for the reporting period. Operationally, the micro-cap NBFC continues to report minimal revenue (₹0.25 cr in Q1 FY27) against a deeply negative net worth base of ₹-82 cr.
- 41st Annual Report and AGM Notice submitted for FY 2025-26 on August 27, 2026
- Reported zero intra-group exposures (₹0.00 crore) and 0% exposure to group entities
- Disclosed nil related party transactions across borrowings, deposits, advances, and investments
- Independent Director Mrs. Promila Sharma resigned effective August 18, 2026
Shri Niwas Leasing and Finance Ltd has issued a notice for its 41st AGM scheduled on September 22, 2026, seeking shareholder approval for a major capital restructuring and private placement. The company plans to reclassify its Rs 500 Cr authorised share capital into Rs 34 Cr equity and Rs 466 Cr preference share capital. Under the proposal, it plans to issue up to 46.60 Cr unlisted 1% Non-Convertible Preference Shares (NCPS) at Rs 25 each (Rs 10 face value plus Rs 15 premium) to 5 entities, aggregating to ~Rs 1,162.98 Cr. This is an extraordinarily large proposed fund infusion relative to the company's current scale (Jun 2026 revenue of Rs 0.25 Cr and net worth of Rs -82 Cr).
- Proposed issuance of up to 46,60,00,000 unlisted 1% NCPS at Rs 25 per share (Face Value Rs 10 + Premium Rs 15)
- Specific allotment of 46,51,92,000 NCPS totaling Rs 1,162.98 Cr planned to 5 institutional/corporate allottees
- Authorised capital reclassification to Rs 34 Cr equity (3.40 Cr shares) and Rs 466 Cr preference share capital (46.60 Cr shares)
- NCPS to have a maximum redemption period of up to 20 years with relevant pricing date set as 27.08.2026
- 41st AGM convened on September 22, 2026 via Video Conferencing
Shri Niwas Leasing And Finance Limited held a Board meeting on August 27, 2026, where it recommended the ratification of M/s B. Kaushik & Associates as Secretarial Auditor. The appointment is subject to shareholder approval at the ensuing Annual General Meeting (AGM). The company noted there is no change in the existing Secretarial Auditor firm. Financially, the company operates at a micro-scale with Q1 FY27 revenue of Rs 0.2549 cr and negative net worth of Rs -82 Cr.
- Board meeting conducted on August 27, 2026, from 03:10 PM to 03:50 PM
- Ratification of Secretarial Auditor M/s B. Kaushik & Associates recommended for shareholder approval
- Confirmation that there is no change in the appointed Secretarial Auditor firm
- Promoter holding remains very low at 1.94% as of recent filings
The Board of Directors of Shri Niwas Leasing and Finance approved the issuance of Unlisted 1% Non-Convertible Preference Shares (NCPS) on a preferential basis, subject to shareholder approval. The company has also approved a re-classification of its authorized share capital. The 41st Annual General Meeting (AGM) is scheduled for September 22, 2026, with the e-voting cut-off date set as September 14, 2026. Specific issue size and pricing details for the NCPS were not disclosed in the filing.
- Board approved issuance of Unlisted 1% Non-Convertible Preference Shares (NCPS) on preferential basis
- Proposal passed to re-classify authorized share capital subject to shareholder approval
- 41st AGM scheduled for September 22, 2026 at 3:00 PM IST via VC/OAVM
- Cut-off date for e-voting eligibility fixed as September 14, 2026
- Re-appointment of Ms. Rajni Tanwar as Managing Director recommended for shareholder approval
Shri Niwas Leasing And Finance has scheduled a board meeting on August 27, 2026, to consider and approve the issuance of 46,60,00,000 unlisted 1% Non-Convertible Preference Shares (NCPS) on a preferential basis. The board will also consider reclassifying the authorized share capital and making consequential alterations to the Memorandum of Association. The proposed preferential issuance is subject to shareholder approval at the ensuing Annual General Meeting. This capital restructuring comes against a backdrop of a deeply negative net worth of Rs -82 Cr and a minimal promoter stake of 1.94%.
- Board meeting scheduled for August 27, 2026 to evaluate preferential share issue
- Proposal to issue 46,60,00,000 Unlisted 1% Non-Convertible Preference Shares (NCPS)
- Includes reclassification of Authorized Share Capital and amendment to Capital Clause of MoA
- Issuance subject to approval of shareholders at the ensuing Annual General Meeting
Shri Niwas Leasing and Finance Limited reported the resignation of two Independent Directors, Ms. Promila Sharma and Mr. Surendra Kumar Jain, effective August 18, 2026, citing personal reasons. Simultaneously, the company appointed Mr. Abhishek as an Additional Non-Executive & Non-Independent Director w.e.f. August 18, 2026. All outgoing directors confirmed there were no other material reasons for their departures.
- 2 Independent Directors (Ms. Promila Sharma and Mr. Surendra Kumar Jain) resigned effective August 18, 2026
- Appointment of Mr. Abhishek as Additional Non-Executive & Non-Independent Director w.e.f. August 18, 2026
- Both outgoing directors confirmed resignations were purely due to personal reasons
- Filing confirms paid-up share capital of Rs 24,70,37,170 against nominal capital of Rs 5,00,00,00,000
Shri Niwas Leasing And Finance Ltd has announced the resignation of two Independent Non-Executive Directors, Ms. Promila Sharma (DIN: 09735554) and Mr. Surendra Kumar Jain (DIN: 00530035), effective August 18, 2026. Both directors cited personal and unavoidable reasons for their departure and confirmed there are no other material reasons. The board considered and took note of the resignations in a meeting held on August 18, 2026.
- Resignation of Independent Director Ms. Promila Sharma effective August 18, 2026
- Resignation of Independent Director Mr. Surendra Kumar Jain effective August 18, 2026
- Board meeting held on August 18, 2026 from 03:30 p.m. to 04:00 p.m. to accept the resignations
- Both directors confirmed no material reasons other than personal grounds for exiting
Shri Niwas Leasing and Finance Ltd has appointed Mr. Abhishek (DIN: 10783531) as an Additional Director (Non-Executive and Non-Independent) effective August 18, 2026. The appointment was approved in a Board meeting held on August 18, 2026, and is subject to regularization at the upcoming general meeting. The appointee holds directorships in entities including Transnational Growth Fund Ltd and Swen Holdings Ltd. The company reported a net profit of Rs 0.1633 crore on revenue of Rs 0.2549 crore for the quarter ended June 2026.
- Appointment of Mr. Abhishek (DIN: 10783531) effective 18th August, 2026
- Designation: Additional Director (Non-Executive & Non-Independent Director)
- Board meeting conducted on 18th August, 2026 between 03:30 p.m. and 04:00 p.m.
- Company nominal capital stated at Rs 5,00,00,00,000 and paid-up capital at Rs 24,70,37,170
Shri Niwas Leasing and Finance Limited announced that two Independent Directors, Ms. Promila Sharma and Mr. Surendra Kumar Jain, have resigned effective 18th August 2026 citing personal reasons. Concurrently, the Board has appointed Mr. Abhishek as an Additional Non-Executive & Non-Independent Director effective the same date. The company confirmed there were no other material reasons for the resignations.
- Independent Director Ms. Promila Sharma resigned effective 18th August 2026
- Independent Director Mr. Surendra Kumar Jain resigned effective 18th August 2026
- Mr. Abhishek appointed as Additional Non-Executive & Non-Independent Director w.e.f. 18th August 2026
- Company reported nominal capital of Rs 5,00,00,000 and paid-up capital of Rs 24,70,37,170
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