Abhinav Leasing & Finance has announced a significant change to its board composition. The company's Board of Directors has approved the appointment of Mr. Prateek Singh as an Additional Director in the capacity of an Independent Director, effective October 16, 2025.

Appointment Details

The decision was made during a board meeting held on October 16, 2025, which commenced at 11:30 AM and concluded at 12:00 PM. Here are the key details of the appointment:

Role and Responsibilities

Mr. Singh's appointment is expected to bring valuable experience to Abhinav Leasing & Finance. His responsibilities may include:

• Formulating business strategies
• Effective implementation of business plans
• Expanding the company's business operations

The company believes that Mr. Singh's leadership abilities could be instrumental in guiding the core team and driving growth.

Regulatory Compliance

This appointment has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the BSE Limited about this corporate action, ensuring transparency and compliance with regulatory requirements.

Abhinav Leasing & Finance, with its registered office in Delhi, continues to strengthen its leadership team as it moves forward in its business journey.

Abhinav Leasing & Finance Limited has released its unaudited financial results for the first quarter, revealing a significant decline in revenue alongside a modest increase in profitability.

Financial Highlights

All financial figures are in Rs. lakhs, except for Earnings per share which is in Rs.

Financial Performance Overview

Despite the sharp decline in revenue, Abhinav Leasing & Finance managed to improve its profitability. The company's ability to significantly reduce its expenses played a crucial role in maintaining positive financial results. The dramatic reduction in expenses, from 1,817.56 lakhs to just 8.25 lakhs, indicates a major shift in the company's operations or cost structure.

Segment Information

Abhinav Leasing & Finance Limited operates in a single business segment, focusing on trading shares and securities. This concentration in a specific market area may explain the volatility in revenue, given the potential fluctuations in trading volumes and market conditions.

Board Approval and Auditor Review

The unaudited financial results were approved by the company's board of directors during a meeting held on August 11, 2025. The meeting, which started at 4:00 P.M. and concluded at 4:30 P.M., also saw the review of these results by the statutory auditors, GAMS & Associates LLP.

Auditor's Statement

GAMS & Associates LLP conducted a limited review of the financial results for the quarter ended June 30, 2025. In their report, the auditors stated that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement or fail to disclose required information under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor Relations

The company confirmed that no investor complaints were pending at the beginning of the quarter, and no complaints were received during the quarter ended June 30, 2025. This information suggests a stable relationship with its investor base despite the significant changes in financial performance.

Conclusion

While Abhinav Leasing & Finance Limited faced a substantial decrease in revenue, its ability to control expenses and maintain profitability demonstrates resilience in challenging market conditions. Investors and stakeholders will likely be watching closely to see if the company can rebuild its revenue streams while maintaining its improved cost efficiency in the coming quarters.