Oswal Leasing Limited has communicated to BSE Limited that it is not required to provide disclosures for related party transactions for the half year ended March 31, 2026. The company stated that this non-applicability arises from an exemption based on its size, specifically regarding its paid-up equity share capital and net worth figures as of the last day of the previous financial year.

Regulatory Exemption Details

The company cited Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation specifies that certain corporate governance provisions, including those under Regulation 23(9), do not apply to listed entities with a paid-up equity share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore.

Financial Metrics

According to the latest audited accounts of the company as at March 31, 2026, the financial metrics are as follows:

Since both the paid-up equity share capital and net worth are below the threshold limits specified in the regulations, the provisions of Regulation 15(2) and Regulation 23(9) are not applicable to the company. Therefore, Oswal Leasing Limited is not required to submit the disclosure of related party transactions on a consolidated basis for the half year ended March 31, 2026.

Oswal Leasing Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The board of directors approved the results during a meeting held on May 22, 2026. The company reported a net loss of ₹5.21 lakh for the financial year 2025-26, widening from the net loss of ₹2.16 lakh recorded in the previous year.

For the quarter ended March 31, 2026, the company reported a net loss of ₹1.75 lakh. In comparison, the net loss for the same quarter in the previous year was ₹0.39 lakh. Total income from operations for the quarter declined to ₹3.35 lakh from ₹4.25 lakh in the corresponding period of the prior year.

Financial Performance

The total expenses for the financial year ended March 31, 2026, increased to ₹19.29 lakh from ₹17.25 lakh in the previous year. Employee benefit expenses rose to ₹10.66 lakh from ₹9.10 lakh, while other expenses increased to ₹8.63 lakh from ₹8.15 lakh. The basic and diluted earnings per share (EPS) for the year stood at (1.04), compared to (0.43) in the prior year.

Key Financial Metrics

Board Decisions

In addition to approving the financial results, the board re-appointed M/s. Raj Gupta & Co., Chartered Accountants, as the internal auditors of the company for the financial year 2026-27. The firm, established in 1976, brings extensive experience in conducting internal and statutory audits for various public sector undertakings and government organizations.

The audited financial results were reviewed by the Audit Committee and taken on record by the Board. The statutory auditors, M/s V.V. Bhalla & Co., issued an unmodified report on the company's financial results for the year ended March 31, 2026.