Banas Finance Limited announced the outcomes of its Board of Directors meeting held on August 14, 2026. The board approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. Additionally, the company has appointed M/s. Jay Bhatt and Associates as its Secretarial Auditor for the financial year 2025-26, subject to necessary approvals. The meeting commenced at 3:30 PM IST and concluded at 4:30 PM IST.
| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Year Ended 31.03.2026 (Audited) |
| Standalone Financial Results | ||
| Total Income from Operations | ₹299.14 Lakhs | ₹5,723.16 Lakhs |
| Total Profit Before Tax | ₹286.71 Lakhs | ₹1,239.85 Lakhs |
| Net Profit/(Loss) for the period | ₹286.71 Lakhs | ₹662.53 Lakhs |
| Total Comprehensive Income/(Loss) | ₹2,934.35 Lakhs | (₹3,427.40 Lakhs) |
| Consolidated Financial Results | ||
| Total Income from Operations | ₹299.41 Lakhs | ₹5,949.67 Lakhs |
| Total Profit Before Tax | ₹286.72 Lakhs | ₹1,239.85 Lakhs |
| Net Profit/(Loss) for the period | ₹286.72 Lakhs | ₹662.53 Lakhs |
| Total Comprehensive Income/(Loss) | ₹3,511.38 Lakhs | (₹2,957.41 Lakhs) |
Board Meeting Outcomes
Banas Finance Limited conducted a crucial Board of Directors meeting on Friday, August 14, 2026, at the company’s registered office. During this meeting, the board reviewed and approved the unaudited standalone and consolidated financial results for the quarter that concluded on June 30, 2026. This approval was made pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Secretarial Auditor Appointment
Following the recommendation of the Audit Committee, the Board of Directors also approved the appointment of M/s. Jay Bhatt and Associates, a Peer Reviewed Firm of Company Secretaries in Practice, as the Secretarial Auditor. This appointment is for conducting the Secretarial Audit of the Company for the financial year 2025-26. The appointment is subject to any approvals required under applicable laws. Mr. Jay Bhatt, a Company Secretary in Practice, will represent the firm, holding Membership No. 46916 and COP No. 28320.
Meeting Details
The Board meeting commenced at 03:30 p.m. (Indian Standard Time) and concluded at 04:30 p.m. (Indian Standard Time). The company has requested that these outcomes be taken on record.
Source: BSE
