Gujarat Lease Financing Limited Submits Q4FY26 Compliance Certificate Under SEBI Depositories Regulations

Gujarat Lease Financing Limited has filed its quarterly compliance certificate with stock exchanges, confirming adherence to SEBI depositories regulations for the quarter ended March 31, 2026. The submission demonstrates the company's commitment to maintaining regulatory compliance in securities handling processes.

Regulatory Filing Details

The company submitted the certificate on April 09, 2026, to both BSE Limited and National Stock Exchange of India Limited. The filing was made pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting on securities dematerialization and rematerialization activities.

Parameter:	Details
Filing Date:	April 09, 2026
Quarter Covered:	March 31, 2026
Regulation:	SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Signatory:	Meera Gudka, Company Secretary & Compliance Officer

Registrar Confirmation

MCS Share Transfer Agent Limited, acting as the company's Registrar and Transfer Agent, provided the underlying confirmation certificate dated April 07, 2026. The registrar confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed and either accepted or rejected to the depositories as required.

Key confirmations provided by the registrar include:

Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
Security certificates received for dematerialization were mutilated and cancelled after due verification
Depository names were substituted in the register of members as registered owners within prescribed timelines

Compliance Framework

The filing represents part of the ongoing regulatory compliance framework that listed companies must maintain. The certificate ensures transparency in the dematerialization process and confirms that all procedural requirements under SEBI regulations have been met during the reporting quarter.

Copies of the filing were also submitted to National Securities Depository Limited and Central Depository Services (India) Limited, ensuring all relevant depositories are informed of the compliance status.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.84%	+26.83%	+20.65%	-19.38%	-9.41%	+76.27%

Gujarat Lease Financing Limited (GLFL) has released its unaudited financial results for the quarter ended December 31, 2025, showing continued profitability despite ongoing structural challenges. The company reported a profit of ₹2.78 lakhs for Q3 FY26, marking an improvement from the previous quarter while remaining below prior year levels.

Q3 FY26 Financial Performance

Particulars:	Q3 FY26	Q2 FY26	Q3 FY25
Total Income (₹ lakhs):	10.65	10.56	10.94
Total Expenses (₹ lakhs):	7.87	8.44	5.92
Net Profit (₹ lakhs):	2.78	2.12	5.02
Basic EPS (₹):	0.01	0.01	0.02

The company's quarterly profit of ₹2.78 lakhs represents a 31.13% increase from the previous quarter's ₹2.12 lakhs, though it remains 44.62% lower than the ₹5.02 lakhs profit recorded in the corresponding quarter of the previous year. Total income remained relatively stable at ₹10.65 lakhs, derived entirely from other income sources as the company continues to have no revenue from operations.

Nine-Month Performance Overview

Parameter:	9M FY26	9M FY25
Total Income (₹ lakhs):	31.69	31.71
Total Expenses (₹ lakhs):	32.65	30.40
Net Loss (₹ lakhs):	(0.96)	1.31
Basic EPS (₹):	(0.00)	0.00

For the nine-month period ended December 31, 2025, GLFL recorded a loss of ₹0.96 lakhs compared to a profit of ₹1.31 lakhs in the corresponding period of the previous year. This shift to loss territory reflects higher expenses of ₹32.65 lakhs against relatively stable income of ₹31.69 lakhs.

Expense Analysis

The company's expense structure for Q3 FY26 shows mixed trends across categories:

Expense Category:	Q3 FY26	Q2 FY26	Q3 FY25
Employee Benefits (₹ lakhs):	3.36	2.92	2.63
Legal & Professional Fees (₹ lakhs):	0.44	0.67	0.66
Other Expenses (₹ lakhs):	4.03	3.80	2.60
Listing & Custodian Fees (₹ lakhs):	0.00	1.02	0.00

Employee benefits expense increased to ₹3.36 lakhs from ₹2.92 lakhs in the previous quarter, while legal and professional fees decreased to ₹0.44 lakhs. The absence of listing and custodian fees in Q3 FY26, compared to ₹1.02 lakhs in Q2 FY26, contributed to the overall expense reduction.

Ongoing Financial Distress

Despite quarterly profitability, GLFL's fundamental financial challenges persist. The company's accumulated losses continue to exceed its net worth, and total liabilities surpass total assets. As highlighted in the auditor's limited review report, the financial statements have been prepared on a non-going concern basis, with financial assets stated at their realizable value or cost, whichever is lower.

The company maintains no business plan and does not intend to engage in any business activity in the near future. This strategic vacuum, combined with the structural financial imbalances, continues to raise questions about the company's long-term viability and operational direction.

Board Meeting and Regulatory Compliance

Meeting Details:	Information
Board Meeting Date:	January 19, 2026
Meeting Duration:	12:30 PM to 01:05 PM
Company Secretary:	Meera Gudka
Directors:	Saurabh Mashruwala (Director), Animesh Mehta (Chairperson)

The Board of Directors approved these unaudited financial results in their meeting held on January 19, 2026. The meeting commenced at 12:30 PM and concluded at 01:05 PM. The results have undergone limited review by statutory auditors G.K. Choksi & Co., Chartered Accountants, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the results to both BSE Limited (Scrip Code: 500174) and National Stock Exchange of India Limited (Scrip Symbol: GLFL).