Motor & General Finance Limited Executes Sale Agreement for Delhi Property

1 min read     Updated on 30 Mar 2026, 11:38 PM
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AI Summary

Motor & General Finance Limited executed a sale agreement on March 30, 2026, for its property at A-30, Mohan Co-operative Industrial Estate, New Delhi. The transaction was authorized by Executive Director Sh. Arun Mitter under Board Resolution dated November 12, 2025, with full sale consideration received, completing this strategic real estate divestment.

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Motor & General Finance Limited has completed the sale of its property at A-30, Mohan Co-operative Industrial Estate, executing the sale agreement on March 30, 2026. The company informed stock exchanges about this significant transaction through a regulatory filing under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Transaction Details

The sale agreement execution represents the culmination of a process that began in November 2025. The company had previously communicated about this transaction through its letter dated November 27, 2025, indicating the systematic approach taken for this property divestment.

Parameter: Details
Property Location: A-30, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi-110044
Agreement Date: March 30, 2026
Authorized Officer: Sh. Arun Mitter, Executive Director
Board Resolution Date: November 12, 2025
Sale Consideration: Fully received

Authorization and Compliance

The transaction was executed under the authority vested in Sh. Arun Mitter, Executive Director, through a Board Resolution passed on November 12, 2025. This demonstrates the company's adherence to proper corporate governance procedures for significant asset transactions.

The company has confirmed that the complete sale consideration amount has been received, indicating the successful completion of the financial aspects of the transaction. This property sale represents a strategic decision by Motor & General Finance Limited to optimize its real estate portfolio.

Regulatory Communication

The company fulfilled its disclosure obligations by informing both major stock exchanges - the Bombay Stock Exchange and National Stock Exchange of India - about this material development. The communication was signed by M.K. Madan, VP, CS & Compliance Officer, ensuring proper authorization and compliance with regulatory requirements.

This property divestment transaction adds to Motor & General Finance Limited's recent corporate activities and reflects the company's ongoing asset management strategies.

Historical Stock Returns for Motor & General Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-5.58%-9.11%-11.23%-30.73%-28.76%-25.77%

How will Motor & General Finance utilize the proceeds from this property sale to strengthen its core financial services business?

Does this property divestment signal a broader real estate portfolio optimization strategy across other locations?

What impact will the sale have on the company's operational infrastructure and future expansion plans in the Delhi NCR region?

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Motor & General Finance Limited Reports Q3FY26 Results with Revenue Decline

2 min read     Updated on 13 Feb 2026, 10:02 PM
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AI Summary

Motor & General Finance Limited published its Q3FY26 results showing total income from operations of ₹215.23 lakhs, down from ₹247.36 lakhs in Q3FY25. The company reported a net loss of ₹2.95 lakhs compared to a profit of ₹17.16 lakhs in the previous year's quarter. The results were approved by the Board of Directors on February 12, 2026, and published in compliance with SEBI regulations.

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Motor & General Finance Limited has published its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, in compliance with Regulation 47 of SEBI (LODR) Regulations, 2015. The results were published in newspapers "The Financial Express" (English) and "Jansatta" (Hindi) on February 13, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results compared to the previous year. Total income from operations declined to ₹215.23 lakhs from ₹247.36 lakhs in the corresponding quarter of FY25, representing a decrease of approximately 13.00%.

Metric: Q3FY26 (₹ Lakhs) Q3FY25 (₹ Lakhs) Change
Total Income from Operations: 215.23 247.36 -13.00%
Net Loss/Profit (Before Tax): (2.95) 17.16 Loss
Net Loss/Profit (After Tax): (2.95) 17.16 Loss
Total Comprehensive Income: (2.95) 17.16 Loss

Quarterly Performance Analysis

The company reported a net loss of ₹2.95 lakhs for Q3FY26, marking a significant shift from the net profit of ₹17.16 lakhs recorded in Q3FY25. This represents a swing from profitability to loss, indicating operational challenges during the quarter.

The total comprehensive income for the period also reflected the same loss of ₹2.95 lakhs, compared to a comprehensive income of ₹17.16 lakhs in the previous year's corresponding quarter.

Capital Structure

The company maintained its equity share capital at ₹1,936.36 lakhs, showing no changes from the previous year. The earnings per share (EPS) for continuing and discontinued operations stood at ₹(0.01) for both basic and diluted calculations, compared to ₹0.04 in Q3FY25.

Consolidated Results

The consolidated financial results showed similar trends to the standalone results. Total income from operations remained at ₹215.23 lakhs, while the company reported a consolidated net loss of ₹2.90 lakhs for the quarter, compared to a profit of ₹16.73 lakhs in Q3FY25.

Regulatory Compliance and Approval

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in their meeting held on Thursday, February 12, 2026. The results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) and other recognized accounting practices and policies.

The detailed financial results, along with explanatory notes, are available on the stock exchanges' websites ( www.nseindia.com , www.bseindia.com ) and the company's website ( www.mgfltd.com ). The company continues to maintain transparency in its financial reporting and regulatory compliance.

Historical Stock Returns for Motor & General Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-5.58%-9.11%-11.23%-30.73%-28.76%-25.77%
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