Glance Finance has committed a contribution of up to Rs. 5 crore as a Sponsor to Artha Fund VI AQF I, a scheme of Artha Trust II. The company filed a Private Placement Memorandum (PPM) application with the Securities and Exchange Board of India (SEBI) on June 04, 2026, to facilitate this investment. The contribution will be made in cash, in one or more tranches, as the NBFC shifts its focus towards investments in shares, private equity, and asset leasing.

The target entity, Artha Fund VI AQF I, is a Category II Alternative Investment Fund (AIF). Glance Finance will serve as the Sponsor, while Artha India Holdings Private Limited will act as the Investment Manager. The company stated that the AIF is not considered a Related Party under SEBI regulations, and the transaction is conducted at arm's length. Promoters of Glance Finance have no interest in the said investment.

The commitment period for the fund will commence from the date of the First Closing. It is set to expire at the end of 60 months from the date of the Final Closing, subject to a potential extension of 12 months at the sole discretion of the Investment Manager. Glance Finance has agreed to acquire units of the scheme at face value.

Key Details of the Commitment

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The requisite details are provided in accordance with the SEBI Master Circular dated January 30, 2026.

Glance Finance reported a 41.2% decline in net profit to ₹492.42 crore for the financial year ended March 31, 2026, down from ₹837.96 crore in the previous year. The company's total income decreased by 18.5% to ₹2,585.36 crore for FY26, compared to ₹3,170.37 crore in FY25, driven largely by a reduction in net gains on fair value changes and other operating income.

For the quarter ended March 31, 2026, the company posted a net loss of ₹383.70 crore, a significant widening from the net loss of ₹143.46 crore recorded in the same quarter of the previous year. Total income for the quarter stood at ₹34.99 crore, sharply lower than the ₹57.24 crore reported in Q4FY25. The statutory auditors, M/s. J M T & Associates, issued an unmodified opinion on the audited financial statements.

Financial Performance

The decline in annual profitability was attributed to a substantial drop in net gain on fair value changes, which fell to ₹422.97 crore in FY26 from ₹625.78 crore in the prior year. Additionally, other operating income decreased to ₹634.25 crore from ₹878.31 crore. However, income from the sale of traded goods improved to ₹1,176.89 crore from ₹1,348.66 crore, while interest income rose to ₹128.56 crore from ₹47.74 crore.

Total expenses for the year reduced to ₹1,959.68 crore from ₹2,161.45 crore in the previous year, aided by lower depreciation and amortisation expenses, which stood at ₹488.63 crore compared to ₹635.31 crore. Finance costs also decreased to ₹31.08 crore from ₹53.92 crore.

Segmental Performance

The Lending & Investment Division reported a segment profit before tax of ₹565.81 crore for the year, down from ₹680.52 crore in FY25. The Non Strategic Business Division also saw a decline in profit before tax to ₹254.33 crore from ₹489.08 crore in the previous year. Total assets as of March 31, 2026, stood at ₹5,440.35 crore, an increase from ₹5,327.39 crore in the prior year, driven largely by growth in financial assets.

Corporate Governance

The Board of Directors, at their meeting held on May 30, 2026, approved the audited financial results and re-appointed M/s. M. R. Sharma & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27. The company noted that prior period errors relating to the classification of investments were identified and corrected, resulting in the restatement of certain financial results for earlier periods. The extract of these audited financial results was published in Financial Express and Pratahkal on May 31, 2026.