India Lease Development Ltd

AGM Details

• AGM held on 24 September 2026 at 12:30 P.M. via VC/OAVM.
• Cut-off date for voting: 17 September 2026.
• Notice issued 1 September 2026; corrigendum issued 8 September 2026.

Key Resolutions

• Ordinary: Receive, consider, and adopt standalone financial statements for the financial year ended 31 March 2026.
• Ordinary: Re-appoint Rajiv Gupta as director, retiring by rotation.
• Ordinary: Re-appoint Sumana Verma as director, retiring by rotation.
• Ordinary: Authorise Board to fix remuneration of Statutory Auditors for FY 2026-27.
• Ordinary: Approve related party transaction with Motor & General Finance Limited.
• Ordinary: Approve related party transaction with Ram Prakash and Company Private Limited.
• Ordinary: Approve related party transaction with Bahubali Services Private Limited.
• Special: Re-appointment of Rohit Madan as Manager, Company Secretary & CFO.

Voting Results

• Resolution 1 passed with overwhelming support; 1 vote against.
• Resolution 2 passed; 1 vote against.
• Resolution 3 passed; 1 vote against.
• Resolution 4 passed; 1 vote against.
• Resolution 5 passed; 1 vote against.
• Resolution 6 passed; 1 vote against.
• Resolution 7 passed; 1 vote against.
• Resolution 8 passed; 1 vote against.

Auditors & Remuneration

• Remuneration for Statutory Auditors approved for FY 2026-27.
• Auditor appointment status remains unchanged.

Related Party Transactions

• Approved related party transaction with Motor & General Finance Limited.
• Approved related party transaction with Ram Prakash and Company Private Limited.
• Approved related party transaction with Bahubali Services Private Limited.

Directors / Key Managerial Personnel

• Rajiv Gupta and Sumana Verma re-appointed as directors.
• Rohit Madan re-appointed as Manager, Company Secretary & CFO.

Other material approvals

• No additional material approvals reported.

AGM Details

• Date and time: 24 September 2026, 12:30 PM IST.
• Mode: VC/OAVM.

Key Resolutions

• Adopt standalone financial statements and board/auditors' reports for the year.
• Re-appointment by rotation of a director.
• Re-appointment by rotation of another director.
• Remuneration of statutory auditors to be fixed for next year.
• Approve related party transactions with a motor finance entity.
• Approve related party transactions with another related private entity.
• Approve related party transactions with a third related private entity.
• Re-appointment of Manager, Company Secretary & CFO.
• Voting results to be disseminated within prescribed timeline.

Governance & Financial Health

• Company continues to remain debt-free.

India Lease Development Limited — Trading Window closed from Thursday, October 01, 2026 till 48 hours after the announcement of Standalone Unaudited Financial Results for the quarter and half year ending September 30, 2026 to the Investors.

AGM details

• AGM scheduled for Sep 24, 2026 at 12:30 PM via VC/OAVM.

Key resolution

• Item No. 8: Re-appointment of Rohit Madan as Manager, CS & CFO.
• Salary corrected to ₹63,558 per month; earlier ₹57,780.
• Corrigendum forms integral part of the Notice; terms unchanged.

AGM details

• 41st AGM on 24 Sep 2026 at 12:30 IST via VC/OAVM.
• E-voting opens 21 Sep 2026, 9:00 IST.
• E-voting closes 23 Sep 2026, 5:00 PM IST.
• Cut-off date for e-voting is published in the notice.
• Notice issued in electronic form to registered shareholders.
• QR code and website provide access to AGM materials.
• Dematerialised holders: register email with DP; physical holders: contact RTA.

Financial snapshot

• Revenue from operations: 62.19 lakhs.
• Total income: 65.33 lakhs.
• Profit before tax: 2.10 lakhs.
• Profit after tax: 2.10 lakhs.
• Total comprehensive income: -73.95 lakhs.
• OCI: -76.05 lakhs.
• EPS (basic/diluted): 0.01.
• Dividend declared: 0 for 2025-26.

Capital structure & dividends

• Share capital: ₹14.70 crore (14,700,291 shares).
• Promoter holding: 71.09% as of 31 March 2026.
• Promoter stakes: MGF 31.35%; Bahubali 12.10%; Ram Prakash 11.85%; Rajiv Gupta 6.20%.
• Dematerialisation: 93.19%; physical: 6.81%.
• Public deposits: none outstanding.
• Net worth: ₹937.64 lakhs.

Operations & business

• NBFC focused on Hire Purchase & Leasing; single segment.
• No change in business during 2025-26.
• Focus on recovery of old dues; redeploy recovered funds.

Governance & controls

• Board: five directors; 3 Independent.
• Independent Directors meet; independence declarations provided.
• Audit Committee: 4 members; 5 meetings; Rohit Madan convener.
• Internal controls adequate; internal audit by Sudhir Kumar Agarwal.
• Secretarial audit: Anjali Yadav; no adverse remarks; annual compliance report.
• RBI 45-IC compliance: not satisfied due to asset mix.

Related party transactions

• MGF Limited: up to ₹5 Cr; 7.77x turnover; ordinary course.
• Ram Prakash & Co. Pvt Ltd: up to ₹3 Cr; 4.66x turnover.
• Bahubali Services Pvt Ltd: up to ₹2 Cr; 3.10x turnover.
• All RPTs arm's length; Audit Committee oversight; some require shareholder approval.

Auditors & compliance flags

• Statutory auditor Jagdish Chand & Co: unqualified report.
• Internal controls: adequate; no material weaknesses.
• CEO/CFO certification on compliance submitted to Board.
• Secretarial compliance: annual report filed; SAs completed.
• RBI NBFC CoR under review; 45-IC criteria flagged.

Shareholder information & AGM

• 41st AGM on 24 Sep 2026 via VC/OAVM; venue: registered office.
• Book closure: 18-24 Sep 2026.
• Remote e-voting: 21-23 Sep 2026; AGM voting via e-voting.
• Listings: BSE; ISIN INE333C01013; listing fee paid.
• RTA: Alankit Assignments Limited.
• Dematerialisation: 93.19% of shares.

Special window for physical share re-lodgement

• Opening of special window for re-lodgement of physical share transfers announced.
• Publication in Financial Express and Jansatta on Aug 19, 2026.
• No financial impact disclosed.