Abhinav Leasing & Finance Abhinav Leasing & Finance will convene its Board of Directors on August 20, 2026, to deliberate on a capital raise via the preferential allotment of share warrants. The proposed warrants are convertible into equity shares of the company, subject to regulatory approvals under the Companies Act, 2013, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The board is also set to consider an increase in the company's authorized share capital, a necessary step consequent to the proposed preferential issue. This requires subsequent alteration of Clause V of the Memorandum of Association, which must be approved by members at the ensuing 42nd Annual General Meeting (AGM).

Key Agenda Items

The meeting's primary focus remains the structuring and approval of the warrant issuance. The board will determine critical terms including:

• The number of warrants to be issued
• The issue price and conversion terms
• The identity of proposed allottees
• Other conditions governing the preferential allotment

Additionally, the directors will approve the draft notice for the 42nd AGM to seek shareholder consent for the transaction. To ensure compliance with valuation norms, the board will appoint a registered valuer for the proposed issue.

Procedural Approvals

The meeting will also address logistical requirements for the upcoming AGM, including the appointment of a scrutinizer to conduct the e-voting process. Any other matters may be considered with the permission of the Chairperson.

This disclosure was made pursuant to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Abhinav Leasing & Finance reported a net profit of ₹15.68 crore for the quarter ended June 30, 2026 (Q1FY27), marking a significant turnaround from the net loss of ₹31.60 crore recorded in Q4FY26. The company’s revenue from operations more than doubled to ₹81.32 crore in the current quarter, up from ₹35.27 crore in the same period last year. This operational improvement coincides with the resignation of Independent Director Prateek Singh, who stepped down effective August 12, 2026, due to personal commitments.

The Board of Directors approved the unaudited financial results during a meeting held on August 12, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor, GAMS & Associates LLP, conducted a limited review of the financial statements pursuant to Standard on Review Engagements (SRE) 2410. Additionally, the company confirmed under Regulation 32 that there were no deviations or variations in the use of proceeds from its Initial Public Offer for the quarter ended June 30, 2026.

Financial Performance Highlights

The company’s total income stood at ₹81.32 crore for Q1FY27, compared to ₹205.69 crore in Q4FY26 and ₹35.27 crore in Q1FY26. Total expenses decreased significantly to ₹65.64 crore from ₹212.07 crore in the previous quarter, driven largely by lower finance costs and other expenses.

Note: Net loss for Q4FY26 includes tax benefits; Profit Before Tax was (₹6.38) crore.

Finance costs remained a significant expense component at ₹43.74 crore in Q1FY27, down from ₹88.39 crore in Q4FY26 but higher than the nil figure reported in Q1FY26. Employee benefit expenses rose to ₹5.74 crore from ₹1.81 crore year-ago. The company operates in a single primary business segment — Trading of Shares and Securities — making operating segment disclosures under IND AS 108 inapplicable.

Leadership Change

Independent Director Prateek Singh (DIN: 11342647) resigned from his position effective August 12, 2026. In his resignation letter, Singh cited personal and unavoidable circumstances as the reason for stepping down. He confirmed that there are no unresolved disputes with the company on any matter and no other material reasons for his resignation. The Board accepted his resignation and noted that he holds no directorships in other listed entities. Atul Kumar Agarwal, Director, signed the communication to the BSE Limited.

What the Numbers Show

The reversal from a quarterly loss to a profit of ₹15.68 crore highlights improved cost management, particularly in controlling finance costs which halved compared to the preceding quarter. However, the profit margin remains sensitive to interest rates given the high absolute level of finance costs relative to revenue. The doubling of revenue year-on-year suggests increased trading activity or volume in shares and securities, though the company did not disclose specific transaction volumes. Investors should monitor whether this revenue growth is sustainable and if finance costs will continue to decline in subsequent quarters.