United Leasing Industries Reconstitutes Board Committees Following Director Changes

United Leasing Industries Limited reconstituted its Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Share Transfer and Transmission Committee with effect from November 12, 2025. The restructuring follows changes in the Board of Directors composition, with committees now including Independent Directors Mr. Karm Sawhney and Ms. Sonia Vaid, Managing Director Mr. Ashish Khanna, and Non-Executive Director Mr. Anil Kumar Khanna in various roles.

United Leasing Industries Reports Mixed Financial Performance and Appoints New Independent Director

United Leasing Industries Limited announced its quarterly results for the quarter and half-year ended September 30, 2025. The company reported revenue from operations of Rs 170.84 lakhs for the quarter, compared to Rs 143.45 lakhs in the previous quarter. For the half-year period, revenue stood at Rs 314.26 lakhs versus Rs 326.40 lakhs in the corresponding previous period. The company recorded a loss of Rs 7.84 lakhs for the quarter, compared to a loss of Rs 0.35 lakhs in the previous quarter. However, for the half-year period, the company showed a loss of Rs 8.19 lakhs against a profit of Rs 24.85 lakhs in the previous corresponding period. The company appointed Mr. Karm Sawhney as an Additional Director in the category of Non-Executive Independent Director for a term of five consecutive years from November 12, 2025, to November 11, 2030. The auditors noted that the company has not booked interest income of approximately Rs 3.56 lakhs on loans provided to group companies and has not recorded interest expense of approximately Rs 3.23 lakhs on borrowings from group companies during the quarter.

United Leasing Industries Independent Director Suman Kapur Completes Tenure

United Leasing Industries Limited announced that Mr. Suman Kapur (DIN: 00590936), Independent Director, completed his tenure as Independent Director with effect from September 30, 2025. The Board of Directors and Management expressed appreciation for his extensive contribution and stewardship towards the company. The company submitted the required details under SEBI listing regulations to BSE Limited. Mr. Kapur acknowledged his tenure completion and extended best wishes to the team for continued success and growth.

United Leasing and Industries Reports Loss in Q1 FY2026, Appoints New Auditors

United Leasing and Industries Limited reported a net loss of Rs 0.35 lakhs for the quarter ended June 30, 2025, compared to a profit of Rs 10.63 lakhs in the same quarter last year. Revenue from operations declined to Rs 143.45 lakhs from Rs 153.48 lakhs year-over-year. The company's earnings per share dropped to negative Rs 0.01 from positive Rs 0.35 in the previous year quarter. The Board appointed M/s. Sumit Bajaj & Associates as Secretarial Auditors and re-appointed M/s. Pankaj Sachdeva & co. as Internal Auditors for FY 2025-2026. The company operates in textile embroidery and sports academy segments. Auditors noted that the company did not book interest income of approximately Rs 1.67 lakhs on loans provided to group companies and interest expense of Rs 1.58 lakhs on borrowings, both carrying 9.25% per annum interest rates.