Motor & General Finance confirms no promoter encumbrance in FY26

1 min read     Updated on 17 Jun 2026, 03:45 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Motor & General Finance Ltd and its promoter Rajiv Gupta confirmed to the exchanges that no shares held by promoters or persons acting in concert were encumbered as of March 31, 2026. The disclosures were filed under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

powered bylight_fuzz_icon
43193721

*this image is generated using AI for illustrative purposes only.

motor & general finance has confirmed that none of its promoters, promoter group members, or persons acting in concert have pledged or encumbered their shares as of March 31, 2026. The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The certification ensures that the company has not received any intimation regarding such share encumbrances for the financial year ending March 31, 2026.

The company’s Vice President, Company Secretary, and Compliance Officer, M.K. Madan, signed the disclosure on behalf of The Motor & General Finance Limited. The letter was addressed to the Secretaries of BSE Limited and National Stock Exchange of India Ltd to fulfill regulatory obligations.

In a separate declaration, Promoter Rajiv Gupta affirmed that neither he nor other promoters, along with persons acting in concert, have made any encumbrance directly or indirectly as of the specified date. This independent confirmation was submitted to the exchanges on the same day to corroborate the company’s statement.

Key Disclosures

Entity Status as of March 31, 2026 Regulation Reference
The Motor & General Finance Limited No intimation of pledged/encumbered shares received from promoters SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Reg 31(4)
Promoter Rajiv Gupta No encumbrance made directly or indirectly SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Reg 31(4)

The filings were dispatched to the exchanges on April 6, 2026. The Motor & General Finance Limited is registered at M.G.F. House, 4/17-B, Asaf Ali Road, New Delhi.

Historical Stock Returns for Motor & General Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.15%-0.23%+26.61%+27.31%+11.60%+42.19%

How might the zero-pledge status of the promoters influence investor confidence and share liquidity in the upcoming fiscal year?

Does this clean capital structure position the company for potential acquisition targets or strategic partnerships in the near future?

What are the implications for the company's leverage and borrowing capacity given the absence of promoter share encumbrances?

Motor & General Finance
View Company Insights
View All News
like15
dislike

Motor & General Finance profit surges on property sale gains

3 min read     Updated on 30 May 2026, 10:49 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Motor & General Finance Limited reported a standalone net profit of ₹1,435.13 crore for FY26, a significant surge from ₹1.19 crore in the previous year, primarily due to exceptional gains from the sale of investment property. The board approved the audited financial results on May 28, 2026, which were subsequently published in newspapers on May 29, 2026. The statutory auditors issued an unmodified opinion on the results.

powered bylight_fuzz_icon
41514968

*this image is generated using AI for illustrative purposes only.

Motor & General Finance Limited reported a standalone net profit of ₹1,435.13 crore for the year ended March 31, 2026, a significant increase from ₹1.19 crore in the previous year, driven by exceptional gains from the sale of investment property. The company's board approved the standalone and consolidated audited financial results for the fourth quarter and fiscal year ended March 31, 2026, at a meeting held on May 28, 2026. The statutory auditors, M/s Jagdish Chand & Co, issued an unmodified opinion on the financial results. The results were published in The Financial Express and Jansata on May 29, 2026, under Regulation 47 of the SEBI (LODR) Regulations, 2015.

Standalone Financial Performance

The company recorded a total income of ₹96.98 crore for the year ended March 31, 2026, slightly lower than ₹99.27 crore in the previous year. Total expenses for the period stood at ₹102.07 crore, up from ₹87.42 crore in FY25. The financial performance was bolstered by exceptional items, which included a net gain of ₹1,575.82 crore recognized during the year. This gain primarily resulted from the sale of one property classified under investment property, which yielded a net gain of ₹1,600.72 crore before tax, partially offset by a loss of ₹24.89 crore on the sale of equity shares of its associate company, Jayabharat Credit Limited.

Particulars Year Ended 31-03-2026 (₹ in Lakhs) Year Ended 31-03-2025 (₹ in Lakhs)
Total Income 9,697.77 9,927.40
Total Expenses 10,207.30 8,741.90
Profit Before Tax 15,707.26 118.55
Net Profit 14,351.26 118.55
Earnings Per Share (Basic) (₹) 37.06 0.31

Operational Highlights and Exceptional Items

The company's primary business segment is the lease, renting, and sale of immovable property. During the quarter ended September 30, 2025, the company sold quoted investments in equity shares of Jayabharat Credit Limited based on an independent valuer's report, as prevailing quoted market prices were higher but the shares were thinly traded. This transaction resulted in a loss of ₹24.89 crore, which was reclassified to exceptional items. Consequently, Jayabharat Credit Limited ceased to be an associate company from September 18, 2025. Additionally, other income for the year included ₹4.20 crore received as enhancement compensation.

Consolidated Results and Assets

On a consolidated basis, the company reported a net profit of ₹1,467.84 crore for the year ended March 31, 2026, compared to ₹7.97 crore in the previous year. Total consolidated income was ₹96.98 crore, while total expenses stood at ₹99.75 crore. The consolidated results include the financials of associate companies India Lease Development Limited and Jayabharat Credit Limited (until September 18, 2025). The total assets as of March 31, 2026, stood at ₹3,066.64 crore, a substantial increase from ₹1,728.97 crore in the previous year, largely due to the increase in cash and cash equivalents following the property sale.

Particulars As at 31-03-2026 (₹ in Lakhs) As at 31-03-2025 (₹ in Lakhs)
Total Assets 30,666.42 17,289.71
Total Equity 22,233.34 7,571.81
Total Liabilities 8,433.08 9,717.90

Auditor and Regulatory Compliance

M/s Jagdish Chand & Co, Chartered Accountants, the statutory auditors, provided an independent auditor's report confirming that the standalone and consolidated financial results give a true and fair view in conformity with applicable accounting standards. The report included an emphasis of matter regarding the sale of quoted investments in the associate company based on an independent valuation. The financial results were prepared in compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015, and will be available on the company's website and the stock exchanges.

Historical Stock Returns for Motor & General Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.15%-0.23%+26.61%+27.31%+11.60%+42.19%

How does the company plan to utilize the significant increase in cash and cash equivalents following the property sale?

What is the strategic outlook for the company's core business of leasing and renting immovable property given the reduction in investment assets?

Will the company pursue new acquisitions or investments to replace the divested property and associate company stake?

Motor & General Finance
View Company Insights
View All News
like15
dislike

More News on Motor & General Finance

1 Year Returns:+11.60%