Ekam Leasing And Finance Co News

Ekam Leasing Posts Q3 FY26 Loss of ₹21.10 Lakhs

Ekam Leasing & Finance reported standalone net loss of ₹21.10 lakhs for Q3 FY26, with revenue declining to ₹0.06 lakhs. Company faces regulatory compliance issues with NOF below RBI requirements.

Ekam Leasing Board Approves Subsidiary Merger Plan

Ekam Leasing and Finance Co. Limited's board approved a draft scheme to merge two wholly-owned subsidiaries - Rex Overseas Private Limited and S & S Balajee Mercantile Private Limited - with the parent company.

Ekam Leasing Board to Consider Subsidiary Merger

Ekam Leasing and Finance Co. Limited has scheduled a board meeting on January 31, 2026, to consider the amalgamation of two wholly-owned subsidiaries - Rex Overseas Private Limited and S & S Balajee Mercantile Private Limited.

Ekam Leasing & Finance Reports Mixed Quarterly Results with Regulatory Compliance Concerns

Ekam Leasing & Finance Co. Ltd. approved unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025, showing standalone loss of Rs. 44.33 lakhs for the quarter versus profit of Rs. 11.16 lakhs in the previous quarter. The company faces regulatory concerns as its Net Owned Fund remains below the RBI-mandated minimum of Rs. 5 crore for NBFCs, potentially impacting its NBFC status and operations.

Ekam Leasing Reports Quarterly Loss, Appoints New Auditors and Prepares for AGM

Ekam Leasing and Finance Co. Limited's Board approved unaudited financial results for the quarter ended June 30, 2025, showing a standalone loss of Rs 11.16 lakhs compared to Rs 1.12 lakhs loss in the same quarter last year. Revenue from operations declined to Rs 6.02 lakhs from Rs 15.91 lakhs year-over-year. The company appointed Mr. Baladeva Chitranjan as secretarial auditor for five years and Mr. Krishna Kumar Singh as scrutinizer for e-voting. The Board approved arrangements for the 32nd Annual General Meeting to be conducted via video conference and appointed NSDL for remote e-voting facilities. The company also acknowledged a BSE warning letter regarding delayed annual report submission, though the associated fine was subsequently withdrawn.