Abhinav Leasing & Finance Company Secretary resigns effective June 9

1 min read     Updated on 09 Jun 2026, 12:16 PM
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Abhinav Leasing & Finance Limited disclosed the resignation of Company Secretary & Compliance Officer Deepanshu Mittal effective June 9, 2026, due to personal reasons. The company confirmed no material disputes exist and is currently appointing a successor.

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abhinav leasing & finance announced the resignation of its Company Secretary & Compliance Officer, Mr. Deepanshu Mittal, effective June 9, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the resignation was due to personal reasons and confirmed there are no other material factors or unresolved disputes associated with the departure.

Mr. Deepanshu Mittal confirmed in his resignation letter that the decision to step down was driven by personal and unavoidable circumstances. He verified that he has no additional information to disclose regarding the resignation. The company acknowledged the receipt of the resignation letter dated June 9, 2026.

Resignation Details

The company provided the following specific details regarding the change in its compliance leadership:

Particulars Details
Reason for Change Resignation
Date of Cessation 09 June 2026
Detailed Reasons Personal reasons; no other material reasons cited.
Confirmation on Material Reasons No other material reasons or additional information to disclose.

Abhinav Leasing & Finance Limited indicated that it is currently in the process of appointing a new Company Secretary & Compliance Officer. The company stated that the appointment will be intimated in due course. The filing was signed by Atul Kumar Agarwal, Director, on behalf of the company.

Historical Stock Returns for Abhinav Leasing & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.76%0.0%-5.17%-5.17%-24.66%-11.29%

How will the company ensure continuity in compliance and governance during the transition period until a new Company Secretary is appointed?

What criteria will the company prioritize in selecting a successor to maintain regulatory compliance and investor confidence?

Could this leadership change signal any broader strategic shifts or operational adjustments within Abhinav Leasing & Finance?

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Abhinav Leasing reports FY26 net profit of ₹65.93 lakh

1 min read     Updated on 30 May 2026, 03:42 PM
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Abhinav Leasing and Finance Limited's Board approved the audited financial results for the quarter and year ended March 31, 2026, on May 30, 2026. The company reported a net profit of ₹65.93 lakh for FY26, a significant rise from ₹23.01 lakh in FY25, while revenue from operations decreased to ₹649.34 lakh. The statutory auditor provided an unmodified opinion, and the company confirmed no deviations in the use of IPO proceeds.

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Abhinav Leasing and Finance Limited reported a net profit of ₹65.93 lakh for the financial year ended March 31, 2026, compared to ₹23.01 lakh in the previous year. The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 30, 2026. The statutory auditor, M/s GAMS & Associates LLP, issued an unmodified opinion on the financial results.

Revenue from operations for the year stood at ₹649.34 lakh, a decrease from ₹3,920.40 lakh in FY25. Total income for FY26 was ₹655.45 lakh. The company reported a profit before tax of ₹91.15 lakh for the year, up from ₹29.20 lakh in the prior year. For the quarter ended March 31, 2026, the company reported a net loss of ₹31.60 lakh, with revenue from operations at ₹199.83 lakh.

Financial Performance

The company's total expenses for FY26 were ₹564.29 lakh, significantly lower than the ₹3,902.34 lakh recorded in the previous year. Finance costs increased to ₹158.35 lakh in FY26 from ₹40.21 lakh in FY25. The earnings per equity share (basic) for FY26 was ₹0.132, compared to ₹0.046 in the previous year.

Particulars Year Ended 31.03.2026 (₹ in lakh) Year Ended 31.03.2025 (₹ in lakh)
Revenue from Operations 649.34 3,920.40
Total Income 655.45 3,931.54
Total Expenses 564.29 3,902.34
Profit for the Period 65.93 23.01
Earnings Per Share (Basic) 0.132 0.046

Regulatory Compliance

The intimation regarding the outcome of the Board meeting was submitted to BSE Limited in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there were no deviations or variations in the use of public issue proceeds raised from the Initial Public Offer (IPO) for the quarter and financial year ended March 31, 2026, pursuant to Regulation 32 of the SEBI regulations. The filing was signed by Director Atul Kumar Agarwal.

Historical Stock Returns for Abhinav Leasing & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.76%0.0%-5.17%-5.17%-24.66%-11.29%

What strategic initiatives will the company undertake to reverse the sharp decline in revenue from operations?

How does the company plan to manage the rising finance costs in the upcoming financial year?

Will the company consider revising its dividend policy given the significant increase in earnings per share?

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