Latest news about Garbi Finvest
Garbi Finvest
11.23
+0.25(+2.28%)
Company Performance:
View Company Insights1D+2.28%
1M-3.77%
6M-19.38%
1Y+12.75%
5Y-49.07%
More news about Garbi Finvest
05Mar 26
Garbi Finvest Limited Postal Ballot Resolutions Fail to Secure Shareholder Approval
Garbi Finvest Limited's postal ballot dated January 28, 2026 saw all three director appointment resolutions rejected by shareholders. The remote e-voting process concluded on March 2, 2026, with results showing only 1.42% approval rate for each resolution. The promoter group's opposition, representing 1,026,000 shares out of 1,049,563 total shares, was decisive in the outcome.
13Feb 26
Garbi Finvest Limited Reports 87% Decline in Q3FY26 Net Profit to ₹16.35 Lakhs
Garbi Finvest Limited's Q3FY26 results showed significant deterioration with net profit declining 87% to ₹16.35 lakhs from ₹124.52 lakhs year-on-year. Revenue from operations fell 24% to ₹60.68 lakhs, while the company recorded substantial impairment provisions of ₹55.07 lakhs. Despite quarterly challenges, nine-month performance remained profitable with net profit of ₹136.77 lakhs, though down 30% from the previous year.
30Jan 26
Garbi Finvest Limited Issues Postal Ballot Notice for Appointment of Three Directors
Garbi Finvest Limited has issued a postal ballot notice for shareholder approval of three director appointments through e-voting from February 1-March 2, 2026. The company seeks to appoint Mr. Rakesh Agarwal and Mrs. Preeti Vijayvargia as Independent Directors for five-year terms, and Mr. Deepak Vishwakarma as Non-Executive Director. Mrs. Geeta Roy Chowdhury has been appointed as scrutinizer, with results expected by March 4, 2026.
29Nov 25
Garbi Finvest Limited Announces Board Reshuffle: Director Resignation and New Appointment
Garbi Finvest Limited has made significant changes to its board and key committees. Mr. Suranjan Upadhyay resigned as Non-Executive Non-Independent Director, while Mr. Deepak Vishwakarma was appointed as an Additional Director. The company reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship Committees, with Preeti Vijayvargia as Chairperson for all three. Mr. Vishwakarma, who brings over three years of business operations experience, will be subject to shareholder approval at the next Annual General Meeting.
14Nov 25
Garbi Finvest Reports Mixed Q2 Results: Revenue Up, Profits Down
Garbi Finvest Limited reported mixed Q2 2025 results. Revenue increased to Rs 65.39 lakhs, up 3.2% quarter-on-quarter. However, the company posted a net loss of Rs 57.62 lakhs, compared to a profit of Rs 115.72 lakhs in the previous quarter. Half-year total comprehensive income was Rs 337.31 lakhs. EPS for Q2 stood at Rs 0.01. The company's financial position shows total assets of Rs 8,517.74 lakhs and total equity of Rs 7,914.52 lakhs. The Board of Directors approved these results on November 14, 2025, and an independent review was conducted by Kushal S Poonia & Co., Chartered Accountants.
18Aug 25
Garbi Finvest Limited Strengthens Leadership with Key Appointments
Garbi Finvest Limited has appointed two new Independent Directors, Mr. Rakesh Agarwal and Ms. Preeti Vijayvargia, each for a five-year term. Mr. Agarwal is a Chartered Accountant with expertise in bank audits and financial advisory services. Ms. Vijayvargia is a Chartered Accountant and Company Secretary specializing in taxation, audit, and financial consultancy. The company has also named Mr. Vikash Vishwakarma, a Chartered Accountant, as the new Chief Financial Officer. These appointments were approved by the Board of Directors on August 18, 2025.
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