Indergiri Finance Limited has announced a revised board meeting scheduled for February 14, 2026, to consider and approve its unaudited financial results for the third quarter of fiscal year 2026. The meeting will be held at the company's registered office in Mumbai to review financial performance for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The revised board meeting has been scheduled in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key details of the meeting are outlined below:

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing BSE Limited about the board meeting through an official communication dated January 29, 2026. The intimation was made pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 and amendments thereto.

Company Information

Indergiri Finance Limited operates under CIN L65923MH1995PLC161968 and is listed on BSE with scrip code 531505. The company's registered office is located in Andheri East, Mumbai, and it maintains its corporate website at www.indergiri.com .

Official Communication

The board meeting announcement was signed by Ramjeet Yadav, Company Secretary (Membership No: A50581), who digitally signed the document on January 29, 2026. The company has requested BSE Limited to take the information on record and disseminate it on the exchange's website for public disclosure.

Indergiri Finance Limited (ISIN: INE628F01019) has reported its unaudited financial results for the quarter ended September 30, 2025, revealing significant challenges that could impact its operations as a Non-Banking Financial Company (NBFC).

Regulatory Capital Shortfall

The company's Net Owned Fund (NOF) has fallen below the regulatory threshold of INR 5 crore mandated by the Reserve Bank of India's (RBI) Scale-Based Regulations. This shortfall affects both the March 31, 2025, and September 30, 2025 periods, raising concerns about the company's ability to maintain its NBFC registration and continue lending operations.

Financial Performance

Indergiri Finance's financial position has deteriorated, as evidenced by the following key metrics:

The negative other equity figure indicates a significant erosion of shareholder value.

Loan Repayment Defaults

The company has defaulted on loan repayments, with outstanding amounts as follows:

These defaults further underscore the financial distress faced by the company.

Auditor's Qualified Conclusion

The auditors have issued a qualified conclusion, highlighting the NOF shortfall as a critical issue. This qualification emphasizes the potential impact on Indergiri Finance's status as an NBFC and its ability to sustain lending operations.

Board Meeting and Result Approval

On November 11, 2025, Indergiri Finance's Board of Directors convened a meeting from 4:00 PM to 5:30 PM to approve the unaudited financial results for the quarter and half-year ended September 30, 2025. The company has committed to publishing these results in both English and vernacular newspapers, as required by SEBI regulations.

Outlook

The combination of regulatory capital shortfall, loan repayment defaults, and declining financial metrics presents significant challenges for Indergiri Finance. The company's ability to address these issues promptly will be crucial for its future as an NBFC and its overall financial health.

Investors and stakeholders should closely monitor the company's efforts to rectify its NOF position and improve its financial standing in the coming quarters.