Jindal Capital Limited has announced the re-appointment of M/s. Gupta Garg & Associates as its Internal Auditor for Financial Year 2026-27. The decision was approved by the Board of Directors during their meeting held on March 27, 2025, reinforcing the company's commitment to maintaining robust internal audit practices.

Official Communication to BSE

The company formally communicated this appointment to BSE Limited through an official letter dated March 27, 2026. The communication was addressed to the Department of Corporate Services at BSE Limited, P.J. Towers, Dalal Street, Mumbai, with reference to scrip code 530405. The letter was digitally signed by Sadhu Ram Aggarwal, Chairman-cum-Managing Director (DIN: 00961850), at 16:23:11 +05'30' on March 27, 2026.

Board Meeting Details

The Board of Directors convened on Friday, March 27, 2025, with the meeting commencing at 03:20 P.M. and concluding at 04:10 PM. During this session, the Board considered and approved the re-appointment of M/s. Gupta Garg & Associates as the Internal Auditors for the upcoming financial year. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Internal Auditor Profile

M/s. Gupta Garg & Associates brings substantial expertise to their role as Internal Auditors. The firm operates with Firm Registration Number 019863N and comprises well-educated professionals with extensive experience in the auditing field.

Professional Experience and Expertise

The auditing firm has demonstrated significant experience spanning more than 19 years in conducting audits across diverse sectors. Their professional portfolio includes auditing services for various Banks, Companies, Societies, and Trusts, showcasing their versatility and comprehensive understanding of different organizational structures and regulatory requirements.

Regulatory Compliance

The re-appointment aligns with the regulatory framework established under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 read with Para A of Part A of Schedule III. The company has fulfilled its disclosure obligations by providing detailed information about the Internal Auditor's profile and appointment terms through Annexure-A attached to the official communication.

Corporate Governance

The re-appointment of M/s. Gupta Garg & Associates reflects Jindal Capital Limited's continued focus on maintaining strong corporate governance practices. The decision to retain the same auditing firm suggests satisfaction with their previous performance and the value they bring to the company's internal audit function. The disclosure confirms that there are no relationships between the Directors inter-se regarding this appointment.

Jindal Capital Limited , a financial services company, has released its unaudited financial results for the quarter and half year ended September 30, 2025. The company's Board of Directors approved these results in a meeting held on November 14, 2025.

Key Financial Highlights

Financial Performance

Jindal Capital Limited reported an interest income of Rs 86.58 lacs for the period under review. The company's total assets stood at Rs 2,286.67 lacs, reflecting its operational scale in the financial activities segment.

Borrowings and Liquidity

The company's borrowings increased to Rs 1,037.77 lacs, up from Rs 776.20 lacs in the previous comparable period. This rise in borrowings may suggest an expansion in the company's lending activities or a strategic decision to leverage its operations.

However, the company's cash and cash equivalents decreased to Rs 16.75 lacs from Rs 281.72 lacs. This reduction in liquid assets could indicate increased investments, loan disbursements, or operational expenses.

Segment Operations

Jindal Capital Limited continues to operate solely in the financial activities segment, as per the company's disclosure.

Board Meeting Details

The Board meeting for approving these results commenced at 11:45 A.M. and concluded at 02:12 P.M. on November 14, 2025. The financial results were accompanied by a Limited Review Report from the company's auditors, STRG & Associates, Chartered Accountants.

Compliance and Disclosure

The company has submitted these results in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results have been prepared in accordance with the Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34) and other accounting principles generally accepted in India.

Investors and stakeholders should note that these are unaudited financial results and may be subject to changes upon audit.