GDL Leasing & Finance Limited Announces Resignation of Whole Time Director Deepak Kumar Gangwani

GDL Leasing & Finance Limited has announced a significant change in its leadership team. Mr. Deepak Kumar Gangwani has stepped down from his position as Whole Time Director, effective September 6, 2025.

Board Meeting and Resignation Approval

The company's Board of Directors convened a meeting on September 6, 2025, which commenced at 4:00 PM and concluded at 4:30 PM. During this meeting, the Board formally approved Mr. Gangwani's resignation.

Details of the Departing Director

Mr. Deepak Kumar Gangwani, who held the position of Whole Time Director, has the Director Identification Number (DIN) 00761959. The company has explicitly stated that Mr. Gangwani does not have any relationship with other directors of GDL Leasing & Finance Limited.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, GDL Leasing & Finance Limited promptly informed the BSE Limited about this change in Key Managerial Personnel. The company submitted the required details as per the SEBI circular dated July 13, 2023.

Company Secretary Statement

Reetu, the Company Secretary and Compliance Officer of GDL Leasing & Finance Limited, signed the official communications regarding Mr. Gangwani's resignation. These documents were digitally signed and dated September 6, 2025.

This change in the company's leadership structure may be of interest to shareholders and market watchers.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.00%	+1.91%	+39.77%	+1,063.73%	+1,063.73%	+1,121.01%

GDL Leasing & Finance Limited, a prominent player in the leasing and finance sector, has reported a robust performance for the first quarter, showcasing growth in both revenue and profitability.

Financial Highlights

Total revenue stood at ₹2,594.18 lakhs, marking a 9% increase from ₹2,380.53 lakhs in the previous quarter.
Profit before tax (PBT) saw a significant jump to ₹16.78 lakhs, up from ₹5.28 lakhs in the previous quarter.
Profit after tax (PAT) was reported at ₹13.90 lakhs, compared to ₹16.78 lakhs in the previous quarter.
Earnings per share (EPS) for the quarter was ₹0.34, down from ₹0.84 in the preceding quarter.

Key Financial Metrics

Metric	Current Quarter	Previous Quarter	Change
Total Revenue (₹ lakhs)	2,594.18	2,380.53	+9%
Profit Before Tax (₹ lakhs)	16.78	5.28	+218%
Profit After Tax (₹ lakhs)	13.90	16.78	-17%
Earnings Per Share (₹)	0.34	0.84	-59%

Business Performance

The company's primary revenue driver continues to be interest income from its leasing and finance operations. The growth in total revenue indicates a positive trend in the company's core business activities.

Financial Position

GDL Leasing & Finance Limited reported a net worth of ₹3,212.32 lakhs, reflecting the company's solid financial foundation.

Corporate Governance

The Board of Directors of GDL Leasing & Finance Limited approved these unaudited standalone financial results, demonstrating the company's commitment to timely financial reporting and transparency.

Outlook

While the company has shown growth in revenue and a substantial increase in profit before tax, the slight decrease in profit after tax and earnings per share compared to the previous quarter may warrant attention. Investors and stakeholders may look forward to the company's strategies to maintain growth momentum and improve bottom-line performance in the coming quarters.

GDL Leasing & Finance Limited continues to navigate the dynamic financial services landscape, focusing on its core leasing and finance business to drive growth and create value for its stakeholders.