Northlink Fiscal & Capital Services has appointed Mr. Rishi Bhargav as an Additional Director in the category of Non-Executive Independent Director for a tenure of 5 years effective July 17, 2026. The appointment, subject to shareholder approval at the ensuing Annual General Meeting, was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The requisite information was provided in accordance with SEBI Master Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Mr. Rishi Bhargav is a B.Com graduate from Punjab University with over 15 years of experience in business administration. He is not related to any of the directors of the company and is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.

Appointment Details

Northlink Fiscal and Capital Services Limited published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on May 31, 2026. The company reported a net profit of ₹11.70 lakh for FY26, a turnaround from the net loss of ₹78.20 lakh in the previous year. Revenue from operations for FY26 increased to ₹59.36 lakh from ₹39.39 lakh in FY25, driven primarily by interest income.

The Board of Directors approved the financial results at a meeting held on May 29, 2026. The statutory auditors, M/s. Rajiv Rajinder & Co., issued an unmodified opinion on the standalone annual financial results. However, the auditors included an emphasis of matter regarding certain cheques aggregating to ₹68,58,945 received on or before March 31, 2026, which remained unrealized at the date of approval. The management represented that these amounts are recoverable in the ordinary course of business, and consequently, no adjustments were made.

For the quarter ended March 31, 2026 (Q4FY26), the company reported a net profit of ₹76.64 lakh, a significant turnaround from the net loss of ₹37.85 lakh in the corresponding quarter of the previous year. Total income for Q4FY26 stood at ₹58.01 lakh, while total expenses were recorded at -₹19.96 lakh, aided by a negative impairment on financial instruments of ₹41.42 lakh.

The company's financial position strengthened as of March 31, 2026, with total assets increasing to ₹682.91 lakh from ₹639.77 lakh in the previous year. Cash and cash equivalents rose significantly to ₹98.30 lakh from ₹40.31 lakh. Equity share capital remained unchanged at ₹525 lakh, while total equity improved to ₹515.29 lakh from ₹503.59 lakh.

Key Financial Metrics for FY26