NLFL Commercials Pvt Ltd has disclosed the acquisition of additional shares in nalin lease finance Limited through open market purchase, as per regulatory filing submitted to the Bombay Stock Exchange. The transaction represents a strategic increase in the promoter group's shareholding in the financial services company.

Share Acquisition Details

The acquisition involved the purchase of 3,868 equity shares carrying voting rights through open market transactions completed on 25/02/2026. This purchase represents 0.0589% of the total share capital of Nalin Lease Finance Limited.

Shareholding Pattern Changes

Following the acquisition, NLFL Commercials Pvt Ltd's total shareholding in Nalin Lease Finance Limited has increased from 74,381 shares to 78,249 shares. This represents an increase in ownership percentage from 1.1342% to 1.1932% of the total equity share capital.

Regulatory Compliance

The disclosure was filed in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. NLFL Commercials Pvt Ltd, incorporated with CIN U70200GJ2023PTC146531, operates as a member of the promoter group of Nalin Lease Finance Limited.

The filing was signed by Harsh Gandhi, Director of NLFL Commercials Pvt Ltd (DIN: 03120638), and submitted to the Bombay Stock Exchange on 26/02/2026. The company is based in Himatnagar and the disclosure covers shares purchased in the target company listed on the Bombay Stock Exchange under scrip code 531212.

Company Structure

Nalin Lease Finance Limited maintains its equity share capital at 65,58,180 shares, with no changes reported in the total voting capital following this transaction. The acquisition strengthens the promoter group's position in the company while maintaining compliance with regulatory disclosure requirements for substantial shareholding changes.

Nalin Lease Finance Limited announced its unaudited financial results for the third quarter of fiscal year 2026, ending December 31, 2025. The Non-Banking Financial Company (NBFC), registered with the Reserve Bank of India as a Base layer NBFC, reported mixed performance with revenue growth but declining profitability compared to the same period last year.

Financial Performance Overview

The company's financial performance for Q3FY26 showed contrasting trends in revenue and profitability metrics:

Revenue Growth Despite Challenges

The company demonstrated strong operational revenue growth, with revenue from operations increasing to ₹189.09 crores in Q3FY26 from ₹162.12 crores in Q3FY25. Interest income, representing the core business activity, grew significantly by 12.1% to ₹172.32 crores. The company also reported net gain on fair value changes of ₹8.44 crores compared to a loss of ₹1.50 crores in the previous year quarter.

Expense Management and Cost Pressures

Total expenses increased substantially to ₹89.51 crores in Q3FY26 from ₹75.88 crores in Q3FY25, representing an 18.0% increase:

Finance costs showed the most significant increase, rising 58.4% year-on-year, which substantially impacted the company's bottom line performance.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company reported net profit of ₹243.57 crores compared to ₹294.84 crores in the corresponding period of the previous year, representing a 17.4% decline. Revenue from operations for the nine-month period reached ₹571.53 crores, up from ₹520.27 crores in the previous year.

Earnings Per Share and Capital Structure

The company maintained its paid-up equity share capital at ₹655.82 crores with a face value of ₹10 per share. Basic and diluted earnings per share for Q3FY26 stood at ₹1.14, down from ₹1.52 in Q3FY25. The Board of Directors approved these results at their meeting held on January 20, 2026, with the statutory auditors completing their limited review of the financial statements.