Whalesbook
Gilada Finance & Investments Ltd. will temporarily halt trading of its equity shares starting April 1, 2026. The trading window will remain closed for 48 hours after the company officially announces its audited financial results for the quarter and full financial year ending March 31, 2026.
This measure is a standard practice to ensure fair trading and prevent insider trading. It aligns with SEBI's (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. During this period, designated employees and their immediate family members are prohibited from buying or selling the company's stock.
Gilada Finance, a non-banking financial company (NBFC), operates in vehicle financing, mortgages, and small business loans. The closure aims to prevent trading based on unpublished price-sensitive information (UPSI), thereby maintaining a level playing field for all investors.
This is not the first time Gilada Finance has implemented such a restriction. The company previously observed a trading window closure from January 1 to February 14, 2026, for its third-quarter unaudited results. Looking back, Gilada Finance reported a notable financial performance, with a 24.9% year-on-year increase in annual net profit for FY2025.
The current prohibition affects designated employees and their relatives from April 1, 2026, until 48 hours after the Q4 and FY2025-26 audited results are announced.
Operating within the broader NBFC sector, Gilada Finance's peers include major companies such as Bajaj Finance, Shriram Finance, Cholamandalam Investment and Finance, and M&M Financial Services. These firms also routinely adhere to SEBI's regulations concerning trading window closures to uphold market integrity.
Investors should watch for the upcoming announcement of the Board of Directors' meeting date to approve the audited results for Q4 and FY 2025-26. The official release of these results and the subsequent reopening of the trading window will be key developments.