Galada Finance Limited has announced a substantial acquisition of shares by its promoter, Naveen Galada, who increased his stake in the Chennai-based finance company through an off-market transaction. The disclosure was made under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Naveen Galada acquired 66,000 equity shares of Galada Finance Limited on March 4, 2026, through an off-market transaction. This acquisition represents 2.20% of the company's total share capital and voting rights.

Shareholding Pattern Changes

The acquisition resulted in a significant change in the promoter's shareholding pattern. Before this transaction, Naveen Galada held 4,65,388 shares representing 15.51% of the company's voting capital. Post-acquisition, his total shareholding increased to 5,31,388 shares, representing 17.71% of the total voting capital.

Company Capital Structure

Galada Finance Limited maintains a stable capital structure with an equity share capital of Rs. 3,00,000, divided into 30,000 paid-up equity shares of Rs. 10 each. The company's shares are listed on BSE Limited, and the capital structure remained unchanged following this acquisition.

Regulatory Compliance

The disclosure was filed with BSE Limited on March 5, 2026, in compliance with SEBI regulations. As Managing Director of Galada Finance Limited with DIN 00043054, Naveen Galada submitted the required disclosures under both Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company is registered in Tamil Nadu with CIN L65191TN1986PLCO12826 and maintains its registered office at Shanti Sadan, Thousand Lights, Chennai.

Galada Finance Limited delivered impressive financial performance in Q3FY26, with the Board of Directors approving unaudited results for the quarter ended December 31, 2025. The Chennai-based finance company demonstrated strong growth momentum across all major financial parameters during the reporting period.

Strong Quarterly Performance

The company's quarterly results showcased remarkable improvement in profitability and revenue generation. Net profit for Q3FY26 reached ₹10.41 lakhs, marking a substantial 218% increase from ₹3.27 lakhs reported in the corresponding quarter of the previous year. This growth was supported by robust revenue expansion and effective cost management strategies.

Revenue Growth Drivers

Total income for the quarter increased significantly to ₹71.26 lakhs compared to ₹37.93 lakhs in Q3FY25, representing an 87.9% year-on-year growth. Interest income, the primary revenue source, contributed ₹69.55 lakhs during the quarter, up from ₹37.58 lakhs in the previous year. Other income also showed positive momentum, rising to ₹1.70 lakhs from ₹0.31 lakhs in the corresponding period.

Expense Management and Profitability

Total expenses for the quarter stood at ₹58.35 lakhs compared to ₹33.66 lakhs in Q3FY25. The company benefited from a provision reversal for non-performing assets (NPA) of ₹4.90 lakhs, indicating improved asset quality. Finance costs increased to ₹28.21 lakhs from ₹13.79 lakhs, reflecting business expansion activities.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company maintained its growth trajectory with net profit reaching ₹21.92 lakhs, up 118.5% from ₹10.03 lakhs in the corresponding period of FY25. Total income for the nine-month period grew 63.6% to ₹187.15 lakhs, while interest income increased to ₹183.83 lakhs from ₹111.72 lakhs.

Earnings Per Share and Capital Structure

Earnings per share (EPS) for Q3FY26 improved to ₹0.35 from ₹0.11 in Q3FY25. For the nine-month period, EPS stood at ₹0.73 compared to ₹0.33 in the previous year. The company maintained its paid-up equity share capital at ₹300.00 lakhs with a face value of ₹10.00 per share.

Board Meeting and Compliance

The Board of Directors meeting was held on January 31, 2026, commencing at 15:30 hours and concluding at 16:30 hours. The board considered and approved the unaudited financial results and took on record the Limited Review Report provided by the statutory auditors. The results comply with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.