galada finance announced the sudden demise of its Chief Financial Officer (CFO), Mrs. K.R. Manimeghala, on June 20, 2026. The company informed the Bombay Stock Exchange of the development, stating that her passing at 8:06 PM marked an irreparable loss for the organization. The disclosure was submitted in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

The board and employees of Galada Finance conveyed their deep sympathy and sorrow regarding the unexpected event. Naveen Ashok Galada, Managing Director, signed the intimation sent to the exchange on June 21, 2026. The filing confirmed that the cessation of the CFO's role was due to death and no other directorships were held in listed entities.

Key Personnel Change Details

The following table outlines the specifics of the change in key managerial personnel as disclosed to the exchange:

Galada Finance Limited reported a 77.5% increase in net profit to ₹44.22 lakh for the financial year ended March 31, 2026, driven by higher income from operations. The company's revenue from operations surged 57% to ₹259.63 lakh in FY26 from ₹165.40 lakh in the previous year. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

For the quarter ended March 31, 2026 (Q4FY26), the company recorded a net profit of ₹22.30 lakh, compared to ₹14.86 lakh in the same period last year. Total income for the quarter stood at ₹72.93 lakh. The statutory auditors, M/s. Chandarana & Sanklecha, Chartered Accountants, expressed an unmodified opinion on the audited financial results.

Financial Performance for FY26

The growth in profitability was supported by a significant rise in interest income, which reached ₹259.57 lakh for the year, up from ₹165.25 lakh in FY25. Finance costs increased to ₹105.94 lakh from ₹55.25 lakh in the prior year. The company reported a profit before tax of ₹51.98 lakh for FY26.

Operational Highlights

The Board meeting commenced at 15:06 hours and concluded at 15:49 hours. The results were reviewed by the Audit Committee and taken on record by the Board. The company is primarily engaged in the business of financing and stated there are no separate reportable segments as per Ind AS 109.

The intimation regarding the outcome of the Board meeting was submitted to the Bombay Stock Exchange Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The registered office of the company is located at Shanti Sadan, New No. 7 (Old No. 4) Shafee Mohammed Road, Thousand Lights, Chennai - 600 006.