Jindal Leasefin Limited has notified BSE Limited that it is exempt from filing the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The exemption is based on the company's financial parameters falling below the regulatory thresholds prescribed under SEBI regulations.

Regulatory Exemption Criteria

The company qualifies for exemption under Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides relief to smaller listed companies from certain compliance requirements based on their financial size.

Compliance Relief Details

Since both financial parameters fall below the prescribed limits, Jindal Leasefin Limited is not required to comply with Regulation 24A of SEBI (LODR) Regulations, 2015. This regulation mandates the submission of Annual Secretarial Compliance Reports for larger listed companies.

Company Information

Jindal Leasefin Limited operates with CIN L74899DL1994PLC059252 and maintains its registered office at 110, Babar Road, New Delhi - 110 001. The formal communication to BSE was signed by Rajendra Prasad Rustagi, Company Secretary and Compliance Officer, on April 8, 2026.

Regulatory Framework

The exemption framework under SEBI regulations recognizes that smaller listed companies may face disproportionate compliance burdens relative to their size and operations. By setting specific thresholds for paid-up capital and net worth, the regulations provide appropriate relief while maintaining essential oversight mechanisms for larger entities.

Jindal Leasefin Limited has submitted its integrated filing for audited financial results for the quarter and year ended March 31, 2026, to BSE Limited on April 8, 2026. The company demonstrated a significant financial turnaround, reporting a net profit of ₹91.89 lacs for FY26 compared to a net loss of ₹237.66 lacs in the previous year.

Integrated Filing and Regulatory Compliance

Pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, and BSE Circular No. 20250102-4 dated January 02, 2025, the company submitted comprehensive documentation including audited financial results, non-applicability certificates, and audit opinion declarations. Company Secretary Rajendra Prasad Rustagi signed the submission digitally on April 8, 2026, at 14:11:25 +05'30'.

Financial Performance Analysis

The company's quarterly performance for Q4FY26 showed exceptional improvement with a net profit of ₹117.60 lacs, marking a substantial recovery from the loss of ₹124.42 lacs in Q4FY25. The primary revenue driver was other operating income, contributing ₹247.68 lacs in Q4FY26 compared to negative ₹167.05 lacs in the corresponding previous quarter.

Balance Sheet Transformation

The company's financial position underwent significant restructuring with total assets of ₹566.81 lacs as of March 31, 2026, compared to ₹1,175.63 lacs in the previous year. Most notably, cash and cash equivalents increased dramatically to ₹566.15 lacs from ₹31.91 lacs, while the company completely eliminated its borrowings, reducing from ₹531.98 lacs to nil.

Cash Flow and Operational Efficiency

The cash flow statement revealed remarkable operational improvement with positive operating cash generation of ₹210.42 lacs for FY26 compared to negative ₹310.90 lacs in the previous year. The company generated ₹855.79 lacs from investing activities through decrease in investments, while financing activities showed net outflow of ₹531.98 lacs due to complete repayment of borrowings.

Audit Opinion and Earnings Performance

Statutory auditors ANSK & Associates issued an unmodified audit opinion on the financial results, confirming compliance with Indian Accounting Standards and regulatory requirements. The company reported basic and diluted earnings per share of ₹3.05 for FY26, representing a significant turnaround from negative ₹7.90 per share in FY25. The paid-up equity share capital remained unchanged at ₹300.89 lacs with a face value of ₹10 per share.

Regulatory Exemptions and Corporate Governance

The company filed a non-applicability certificate for related party transaction disclosures under Regulation 23(9) of SEBI Listing Regulations, as its paid-up share capital of ₹3,00,89,000 and net worth of ₹6,37,03,950 as on March 31, 2025, fall below the prescribed thresholds of ₹10 crores and ₹25 crores respectively. Managing Director Surender Kumar Jindal provided the mandatory declaration confirming the unmodified audit opinion as required under Regulation 33(3)(d) of the Listing Regulations.