Franklin Leasing & Finance Limited has announced a significant management change with the resignation of its Company Secretary and Compliance Officer. The company has scheduled a board meeting to formally address this development and ensure regulatory compliance.

Key Management Change Details

The company has provided specific details regarding the resignation and board meeting arrangements:

Regulatory Compliance and Communication

The resignation announcement was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally communicated this information to the Bombay Stock Exchange Limited's Department of Corporate Services, demonstrating adherence to mandatory disclosure requirements.

The communication was signed by Sujata Das, Managing Director (DIN: 10790016), indicating proper authorization and management oversight of this corporate announcement.

Company Information

Franklin Leasing & Finance Limited operates under CIN L74899DL1992PLC048028 and trades on BSE with scrip code 539839. The company maintains its registered office at B-53, Ganesh Nagar - II, Shakarpur, Delhi - 110 092, where the board meeting to record the resignation will be conducted.

Franklin Leasing & Finance has released its unaudited financial results for the half-year ended September 30, 2025, revealing a mixed performance with a decline in profit but growth in total assets.

Financial Highlights

*As of March 31, 2025

Revenue and Profit Analysis

The company reported a total revenue from operations of Rs. 855.48 lakh for the half-year ended September 30, 2025, marking a 3.74% decrease from Rs. 888.71 lakh in the corresponding period of the previous year. The primary components of revenue were:

• Interest income: Rs. 47.99 lakh
• Sale of shares: Rs. 807.49 lakh

Despite the marginal decline in revenue, Franklin Leasing & Finance saw a more significant drop in profit after tax, which fell by 40.02% to Rs. 10.25 lakh from Rs. 17.09 lakh in the same period last year.

Balance Sheet Strength

The company's balance sheet showed resilience with total assets increasing slightly to Rs. 3,908.12 lakh as of September 30, 2025, compared to Rs. 3,898.26 lakh at the end of the previous financial year. Notably, there was a substantial increase in cash and cash equivalents, which rose to Rs. 372.64 lakh from Rs. 39.01 lakh, representing an impressive growth of 855.24%.

Operational Insights

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors conducted a limited review and reported no qualifications in their audit report, indicating compliance with accounting standards and regulations.

Management Compensation

In line with transparency requirements, the company disclosed that no remuneration was paid to directors during the period. However, key management personnel received compensation:

• Chief Financial Officer: Rs. 2,40,701
• Company Secretary: Rs. 84,000

Conclusion

While Franklin Leasing & Finance faced challenges in maintaining its profit levels, the company demonstrated financial stability with asset growth and a significant improvement in its cash position. The substantial increase in cash and cash equivalents could provide the company with greater financial flexibility for future operations and investments.

Note: All financial figures are based on the unaudited results for the half-year ended September 30, 2025, as reported by Franklin Leasing & Finance.