Dharani Finance Ltd

Dharani Finance – Q1 2026-27 unaudited results publication

• Newspaper publication of un-audited Q1 2026-27 results (Tamil Aug 11; English Aug 12).
• Quarter ended 30 June 2026; board approved on 10 Aug 2026; audit committee reviewed results.
• Total income from operations Rs 42.02 lakh; net profit after tax Rs 20.35 lakh; EPS 0.41.
• Inter-Corporate Deposit of Rs 200 lakh to Aryav Exports; no interest accrued to date.
• Company is NBFC; single reportable segment; extracts of results published; full format on stock exchanges and company site.
• Signatory: Dr. Palani G Periasamy, Chairman; place Chennai; date 10 August 2026.

Financial results

• Unaudited standalone results for quarter ended 30 June 2026 approved, with Limited Review Report.

Shareholder meeting

• 36th AGM to be held on 23 September 2026 via Video Conferencing.

Regulatory / going concern disclosures

• Auditors' review notes and prior-year going-concern qualification highlighted; potential RBI capital infusion required.
• Inter-corporate deposit of INR 200 lakhs to Aryav Exports; no interest received; no provision.

Meeting Details

• Board meeting on 10 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited quarterly results for the quarter ended 30 June 2026.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours after results declaration.

Dematerialisation processing and listing status

• Securities received for dematerialisation were processed and confirmed to depositories.
• Securities dematerialised were listed on exchanges where earlier issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in records within 15 days.

Internal auditor re-appointment

• M/s. R. Balachandran & Co. re-appointed as internal auditors for FY 2026-27.
• Board approved the re-appointment on 16 May 2026.
• Firm is a Chartered Accountants practice, FRN 0000323S.
• No relationship exists between the internal auditor and company directors.
• Profile: R. Balachandran has over 40 years' experience in audit, taxation, and compliance.

Board meeting outcome

• Board approved audited financial results for quarter and year ended 31 March 2026.
• Meeting was held on 16 May 2026 and concluded the same day.
• Statutory auditors issued a modified opinion on the audited results.

Audit qualification

• Auditors qualified the results over unpaid interest on a Rs. 200 lakh ICD.
• Qualification also notes possible RBI net owned funds shortfall if provisioned.
• Auditors raised going-concern uncertainty linked to recoverability and capital adequacy.

Board action

• Board approved audited financial results for year ended 31 March 2026.
• Board also re-appointed internal auditors for financial year 2026-27.

Internal auditor

• M/s. R Balachandran & Co., Chartered Accountants, re-appointed as internal auditors.
• Effective for FY 2026-27, reporting to the Audit Committee.
• No relationship exists between the internal auditor and company directors.
• Mr. R. Balachandran has over 40 years' experience in audit, taxation, corporate law, and compliance.

Audit and going concern

• Statutory auditors issued a qualified opinion on the audited results.
• Qualification relates to non-receipt of interest on Rs. 200 lakh ICD.
• Auditors said net owned funds may fall below RBI NBFC norms if provisioned.
• Auditors highlighted significant doubt on going concern assumptions.

Customer recovery

• Company received Rs. 305 lakh from a customer on 13 June 2025.
• Amount related to a CIRP matter approved by NCLT Chennai on 20 December 2023.
• Management said no material uncertainty remains for recovery of that amount.