GDL Leasing & Finance Ltd. has submitted a detailed clarification to BSE Limited explaining the circumstances behind the delayed disclosure of its Company Secretary's resignation, emphasizing that no intentional delay occurred in the regulatory filing.

Resignation Details and Timeline

Ms. Reetu, who served as Company Secretary and Compliance Officer (Key Managerial Personnel), tendered her resignation from her position effective from the closure of business hours on January 31, 2026. The resignation was submitted due to personal reasons as mentioned in her resignation letter.

Explanation for Disclosure Delay

Following a query from BSE Limited regarding the timing of the corporate announcement, GDL Leasing provided a comprehensive explanation for the delay. The company clarified that Ms. Reetu submitted her resignation on January 31, 2026, after the closing of normal working hours.

The key factors contributing to the timing were:

• Resignation submitted after business hours on January 31, 2026
• February 01, 2026 was a Sunday (non-working day)
• Resignation could only be placed before competent authority on Monday, February 02, 2026
• Disclosure was immediately submitted to the Stock Exchange on February 02, 2026

Regulatory Compliance Commitment

The company emphasized its commitment to regulatory compliance, stating that the disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. GDL Leasing assured BSE that it remains duty-bound to comply with all applicable statutory laws, rules, and regulations.

The clarification was signed by Prem Kumar Jain, Managing Director (DIN: 01151409), on March 05, 2026, reaffirming the company's commitment to ensuring strict and timely compliance with all applicable provisions of the SEBI (LODR) Regulations, 2015.

Company Information

GDL Leasing & Finance Ltd. operates from its head office located at 206, Vardhman Diamond Plaza, Paharganj, New Delhi-110055. The company expressed regret for any inconvenience caused and assured continued adherence to stock exchange requirements and regulatory obligations.

GDL Leasing & Finance Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 12, 2026, demonstrating the company's continued operational performance in the leasing and finance sector.

Quarterly Financial Performance

The company reported a net profit of ₹7.26 lakh for Q3 FY26, showing growth from ₹4.69 lakh recorded in the corresponding quarter of the previous year. Total income for the quarter reached ₹85.77 lakh compared to ₹21.41 lakh in Q3 FY25.

Revenue Composition and Growth

The company's revenue from operations showed substantial improvement, reaching ₹82.13 lakh in Q3 FY26. Interest income contributed ₹46.93 lakh to the total revenue, while fees and commission income added ₹35.20 lakh. This represents a significant increase from the previous year's quarterly performance where interest income was ₹16.24 lakh and fees & commission income was ₹5.17 lakh.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, GDL Leasing & Finance demonstrated strong financial performance with total income of ₹269.03 lakh compared to ₹90.28 lakh in the corresponding period of the previous year.

Expense Management and Profitability

Total expenses for Q3 FY26 were ₹74.75 lakh, with fees and commission expenses accounting for ₹39.48 lakh and other expenses contributing ₹27.26 lakh. The company maintained disciplined cost management while scaling operations, as evidenced by the improved profit margins.

Earnings Per Share and Capital Structure

The company reported basic and diluted earnings per share of ₹0.14 for Q3 FY26, compared to ₹0.16 in the corresponding quarter of the previous year. The paid-up equity share capital remained at ₹501.01 lakh with a face value of ₹10 per share. Reserves and surplus increased to ₹186.32 lakh as of December 31, 2025, from ₹65.55 lakh in the previous year.

Board Meeting and Compliance

The Board of Directors meeting commenced at 16:00 hours IST and concluded discussions on the financial results at 16:50 hours IST on February 12, 2026. The results have been prepared in accordance with Indian Accounting Standard 34 and comply with SEBI listing regulations. The company will arrange for publication of these results in newspapers as required under Regulation 47 of the Listing Regulations.