Intec Capital News

Intec Capital Reports Q3 FY26 Results

Intec Capital Limited announced Q3 FY26 financial results with standalone revenue of ₹194.13 lakhs and net loss of ₹35.09 lakhs for the quarter ended December 31, 2025.

Intec Capital Approves Quarterly Results and Reports Director Resignation

Intec Capital Limited's Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, while noting the resignation of Non Executive Independent Director Mr. Kanwar Nitin Singh. The company faces material uncertainty about its going concern status due to huge accumulated losses, non-operational lending activities, and substantial reduction in recoveries from borrowers, though it completed a one-time settlement with lender banks in the previous quarter with a net loss of Rs. 124.38 lakhs.

Intec Capital Limited Announces Resignation of Independent Director Kanwar Nitin Singh

Intec Capital Limited announced that Mr. Kanwar Nitin Singh has resigned from his position as Non-Executive Independent Director effective November 10, 2025. The resignation was attributed to pre-occupation elsewhere. Singh confirmed there are no material reasons for his resignation other than those mentioned in his resignation letter. The Board of Directors acknowledged his valuable contribution during his tenure. Singh currently holds independent director positions at six other listed entities: Spright Agro Limited, Alka Securities Limited, Leel Electricals Limited, Take Solutions Limited, Afloat Enterprises Limited, and Muktamani Finco Limited.

Intec Capital Reports Quarterly Results with One-Time Settlement Completion and Key Personnel Changes

Intec Capital Limited's Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The company completed a One-Time Settlement (OTS) with all lender banks during the quarter, paying complete OTS amounts and receiving No Dues Certificates, resulting in a net loss of Rs. 124.38 lakhs shown as an exceptional item. The company reported profit after tax of Rs. 301.29 lakhs (standalone) and Rs. 297.25 lakhs (consolidated) for the quarter. Key personnel changes include the appointment of Ms. Niharika Gupta as Whole-time Company Secretary and Compliance Officer, and remuneration revisions for Mr. Dhruv Goel (Chief Manager Finance & Legal) and Mr. Pranav Goel (Chief Manager IT & Infra), both classified as related party transactions. The auditors noted material uncertainty regarding the company's ability to continue as a going concern due to accumulated losses, reduced lending activities, and delays in payments to employees and statutory dues.