Gilada Finance & Investments Ltd will hold its AGM on Sept 11, 2026, proposing a capital increase and new auditors. The company reported steady growth in income and AUM for FY26.
Gilada Finance & Investments Ltd Holds 32nd AGM on September 11, 2026
Reader Takeaway: Steady growth and capital expansion plans balanced by a tax dispute and ESI compliance.
What just happened
Gilada Finance & Investments Limited announced its 32nd Annual General Meeting (AGM) will be held on September 11, 2026, via video conferencing. The company released its Annual Report for the financial year ended March 31, 2026. Key proposals include increasing authorized share capital from Rs 10 crore to Rs 30 crore and appointing new statutory auditors for a five-year term.
Why this matters
The proposed capital increase provides Gilada Finance with enhanced financial flexibility for future growth and expansion. The appointment of new auditors signifies a move towards fresh oversight, while the steady financial performance indicated by increased income and Assets Under Management (AUM) suggests operational stability.
The backstory
Gilada Finance & Investments Ltd. is an NBFC classified as 'Base Layer' under the RBI's scale-based regulatory framework. The company focuses on lending to MSMEs, vehicle loans, and loans against landed properties. Its reported capital adequacy ratio stood at 59.33% for FY26.
What changes now
The AGM on September 11, 2026, will see shareholders vote on the proposed hike in authorized share capital and the appointment of M/s Venkatesh & Raghavendra as statutory auditors for five years. The company also plans to appoint M/s Anand Boob and Associates as internal auditors for FY26-27 and M/s Sand & Associates as secretarial auditors for five years.
Risks to watch
A disputed income tax liability of Rs 20.51 lakh for assessment year 2017-18, related to demonetization cash deposits, is under appeal. The company is also still completing its registration with the Employees' State Insurance (ESI) department, though Provident Fund contributions are regular.
Peer comparison
As a 'Base Layer' NBFC, Gilada Finance operates within a specific regulatory segment. While its capital adequacy is strong at 59.33%, its total income in FY26 was Rs 7.43 crore, and AUM reached Rs 32.35 crore. Direct peer comparisons on specific metrics would require analyzing other NBFCs in the same regulatory layer.
Context metrics (time-bound)
- Total Income: Rs 7.43 crore in FY 2025-26, up from Rs 7.10 crore in FY 2024-25.
- Profit After Tax: Rs 2.17 crore in FY 2025-26, up from Rs 2.13 crore in FY 2024-25.
- Assets Under Management (AUM): Rs 32.35 crore in FY 2025-26, up from Rs 29.68 crore in FY 2024-25.
What to track next
Investors will be keen to observe the outcome of the AGM regarding the share capital increase and auditor appointments. Monitoring the resolution of the disputed tax liability and the completion of ESI registration will also be important.