HB Leasing & Finance Company Ltd

HB Leasing & Finance Company Ltd — Closure of Trading Window

AGM details

• AGM held on 27 August 2026 at 2:30 PM via VC/OAVM.
• Cut-off date for voting: 21 August 2026.
• Total shareholders on record date: 35,837.
• Remote e-voting window: 24–26 August 2026.
• Meeting concluded at 2:48 PM.
• Attendance via VC/OAVM: 6 promoter group, 79 public.
• Scrutinizer appointed: Jyoti Sharma.
• All resolutions passed with requisite majority.

Resolutions proposed

• Ordinary: Adoption of Audited Financial Statements for FY ended 31 March 2026.
• Ordinary: Re-appointment of Anil Goyal for another term.

Voting results

• Adoption passed: 99.9954% in favour, 0.0046% against.
• Re-appointment passed: 99.9954% in favour, 0.0046% against.

Director changes

• Director re-appointment: Anil Goyal re-appointed for a further term.

Key financial results

• Unaudited standalone Q1 2026-27 results approved for quarter ended 30 June 2026.
• Limited Review Report attached; opinion: unmodified.
• Revenue from operations ₹4.17 lakh; Total income ₹4.17 lakh; PAT ₹-24.69 lakh.
• Profit before tax ₹-24.40 lakh; Basic EPS ₹-0.19.

Regulatory and governance notes

• NBFC with RBI; no reportable segments under IND AS 108.
• Labour Codes impact on employee benefits not material; recognized in Mar 31, 2026 results.

Board actions and auditor remarks

• Board approved results at 10 August 2026; Audit Committee reviewed on the same date.
• Auditor's review: unmodified opinion; no material misstatement.

HB Leasing & Finance Board Meeting filing fragment contains no disclosed agenda or timings

AGM & AR access

• 43rd AGM scheduled for 27 August 2026 at 2:30 PM via VC/OAVM.
• Annual Report 2025-26 and AGM notice dispatched to registered email holders.
• Weblink and exact access path to AR 2025-26 provided; cut-off for non-registered emails 24 July 2026.

KYC and shareholding updates

• Reminder to update KYC for physical holders; PAN, address, mobile, bank details, and nomination required.
• KYC forms available on RTA and HB Leasing websites; submission via web-portal, post, or e-sign.
• Physical shareholders should dematerialize; SEBI mandates electronic payments if details are incomplete.
• Queries to RCMC Share Registry Pvt. Ltd. at investor.services@rcmcdelhi.com.

AGM & Reporting

• 43rd AGM on 27 August 2026 at 2:30 PM via VC/OAVM.
• Notice and Annual Report for FY2025-26 uploaded on HB Leasing site and BSE.
• Remote e-voting window: 24 Aug 2026 09:00 to 26 Aug 2026 17:00.
• Voting record date: 21 August 2026.
• Deemed venue: Registered office; VC/OAVM via NSDL.
• Proxy facility not available due to VC/OAVM format.

Board & Officers

• Chairman: Lalit Bhasin; Managing Director: Anil Goyal.
• Directors: Vinay Shukla, Sapna Khandelwal.
• CFO: Chhatra Pal Singh; Company Secretary: Shahbaz Khan.
• Statutory Auditors: N. C. Aggarwal & Co.
• Internal Auditors: Marv & Associates LLP.
• Secretarial Auditor: Dikshant Malhotra & Associates.
• No year-end changes in Directors or KMP.
• Anil Goyal up for re-appointment at AGM.

Financial Highlights

• Total revenue FY2025-26: ₹27.71 L; FY2024-25: ₹19.02 L.
• Total income: ₹27.71 L; Expenses: ₹55.33 L.
• Profit before tax: ₹-27.62 L; Tax expense: ₹-0.17 L.
• Net loss: ₹-27.45 L; OCI: ₹0.87 L.
• Total comprehensive income: ₹-26.58 L.
• Basic and diluted EPS: ₹-0.21.
• Dividend not declared due to losses.
• Transfer to general reserve: Nil.
• Revenue by segment: advisory/fee ₹16.50 L; equity trading ₹11.20 L.
• Net gain on FV changes: ₹-6.49 L.
• Total expenses ₹55.33 L; prior year ₹48.62 L.

Capital & Shareholding

• Paid-up equity capital: ₹12.8627 Cr; 1,28,62,731 shares.
• Promoter holdings: Lalit Bhasin 32.10%; RRB Securities 4.96%; HB Stockholdings 4.98%.
• Public shareholding: Indian public 45.47%; NBFCs 5.34%; others.
• Shareholders count: 35,944.
• ISIN: INE549B01016.
• Preferential allotment in 2024-25: 18 L shares at ₹18 per share including ₹8 premium.
• Promoter group total holding around 42.73%.

Governance & Compliance

• Whistle Blower policy in place; no complaints in year.
• Independent Directors meet; declarations of independence.
• Nomination & Remuneration Policy disclosed on website.
• Board evaluation conducted; independent directors reviewed performance.
• Secretarial audit: no qualifications.
• Audit Committee held four meetings; oversight of governance functions.
• RBI NBFC license 14.00081; NBFC-ND status.
• Management Discussion & Analysis and Corporate Governance report included.
• Code of Conduct for insiders adopted; compliance affirmed.

Risk Management & NBFC Metrics

• NBFC-ND; asset size < ₹100 Cr; CRAR 150.40%.
• Tier I CRAR 138.35%; Tier II 12.05%.
• Liquidity Coverage Ratio not applicable.
• Maturity: total assets ₹613.25 L; within 12 months ₹570.55 L.
• After 12 months ₹42.70 L.
• Net worth negative: total equity ₹-742.20 L.
• Inter-Corporate Loans ₹165.00 L; credit risk management ongoing.
• Unhedged currency exposure: nil.
• Cash margin on equity derivatives: ₹51.07 L.

Audits & Controls

• Statutory audit: unqualified; no material misstatement.
• Internal controls over financial reporting: adequate; ICFR unqualified.
• Secretarial audit: Annexure confirms compliance; no qualifications.
• No long-term contracts with losses; no penalties noted.

Operations & Investments

• Investments total ₹837.98 L; includes equity, preference shares, and mutual funds.
• Inter-Corporate Loan ₹165.00 L.
• Major equity holdings include unquoted securities; RRB Securities Ltd ₹40.66 L.

Contingent Liabilities & Litigation

• Contingent Income Tax demand disputed ₹184.35 L.
• Litigation: no material pending cases; MSME dues Nil.
• No other significant contingent liabilities disclosed.