Banas Finance News

Banas Finance CFO Amit Mehta Resigns Effective March 31

Banas Finance Limited announces resignation of Chief Financial Officer Amit Mehta effective March 31, 2026, citing personal reasons in his resignation letter dated March 16, 2026.

Banas Finance Reports Q3 FY26 Loss of ₹4,050 Crores

Banas Finance Limited posted a massive net loss of ₹4,049.986 lakhs for Q3 FY26 ended December 31, 2025, primarily due to fair value losses on investments of ₹3,927.654 lakhs.

Banas Finance Limited Approves Q1 FY2026 Financial Results

Banas Finance Limited's Board of Directors approved un-audited financial results for the first quarter ended June 30, 2025, during a meeting held on August 7, 2025. The results include both standalone and consolidated figures, accompanied by a Limited Review Report from the statutory auditor. The board meeting commenced at 2:00 PM and concluded at 4:15 PM. The company reported zero outstanding amounts for loans from banks/financial institutions, unlisted debt securities, and total financial indebtedness including short-term and long-term debt.

Banas Finance Schedules Board Meeting for August 7 to Approve Q1 2025 Financial Results

Banas Finance Limited has scheduled a board meeting for August 7, 2025, to consider and approve unaudited standalone and consolidated financial results for the first quarter ended June 30, 2025, along with a limited review report. The meeting will also address other business matters with the chair's permission. The company's trading window for securities remains closed and will reopen 48 hours after the financial results are declared to stock exchanges.