GDL Leasing & Finance has accepted the resignation of Suraj Prajapat from the position of Company Secretary & Compliance Officer effective July 17, 2026. The resignation was tendered due to personal reasons, and the company will proceed with the required regulatory formalities.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Prem Kumar Jain, Managing Director of GDL Leasing & Finance, confirmed that the resignation letter and the requisite details as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, were submitted to the exchange.

Resignation Details

The company provided the following specifics regarding the cessation of the Key Managerial Personnel:

Suraj Prajapat held the Membership No. A75269. In his resignation letter addressed to the Board of Directors, he requested that the company complete all necessary statutory and regulatory formalities. This includes filing the requisite forms and disclosures with the Registrar of Companies, BSE Limited, and other regulatory authorities.

GDL Leasing & Finance Ltd. reported a net profit of ₹79.57 lakh for the financial year ended March 31, 2026, a 108% increase from ₹38.30 lakh in the previous year. Revenue from operations for FY26 rose to ₹358.00 lakh from ₹117.84 lakh in FY25. The company's board approved the standalone audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026. The statutory auditors, M/s Jain Akshay & Associates, issued an unmodified opinion on the audited financial statements. The financial results were published in one English daily and one Hindi daily newspaper on May 28, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net loss of ₹9.44 lakh compared to a profit of ₹1.77 lakh in the corresponding period of the previous year. Total revenue for the quarter stood at ₹93.03 lakh. The statutory auditors, M/s Jain Akshay & Associates, issued an unmodified opinion on the audited financial statements.

Board Approvals

Based on the recommendations of the Nomination and Remuneration Committee and subject to shareholder approval, the board approved the revision of remuneration for Managing Director Mr. Prem Kumar Jain and CFO & Director Mr. Atul Jain. The revised remuneration for both executives is up to ₹48,00,000 per annum effective from April 1, 2026.

Regulatory Filings

The financial results were submitted in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window, which closed on April 1, 2026, will reopen 48 hours after the declaration of the results.