Gyftr Limited Approves Q1 Financial Results; Announces Director Appointments and Resignations

Gyftr Limited Approves Q1 Financial Results; Announces Director Appointments and Resignations​

Gyftr Limited announced the outcomes of its Board of Directors meeting held on August 14, 2026, approving the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also formalized key changes in its board composition, including two new appointments and two resignations.

The financial performance figures were approved by the Board of Directors following a recommendation from the Audit Committee. These results include the Limited Review Report issued by M/s PARV & Co., Statutory Auditors.

Q1 Financial Highlights (Ended June 30, 2026)​

The company’s financials present consistent data across both the standalone and consolidated reports:

Directorship Changes and Appointments​

The Board’s meeting approved several changes concerning the company's director base:

* New Appointments: Mr. Arvind Prabhakar (DIN: 05232758) and Ms. Puja Punj (DIN: 07720891) were appointed as Additional Directors in the category of Non-Executive Director. These appointments are effective from August 14, 2026, and both directors are liable to retire by rotation.
* Mr. Prabhakar’s profile includes over two decades of experience across media, digital commerce, and loyalty programs, having founded Vouchagram India.
* Ms. Punj is the Co-founder of Vouchagram India Pvt. Ltd., with experience spanning marketing and loyalty in the industry since 2012.

* Resignations: The Board noted the resignations of two non-executive directors, Mr. Kapil Garg (DIN: 01716987) and Ms. Gunjan Jain (DIN: 10496273). Both individuals tendered their resignation effective from closing hours of August 14, 2026, citing personal reasons.

Operational Status Update​

During the Board meeting, the company reaffirmed that it discontinued its Non-Banking Financial Company (NBFC) operations during the financial year 2025-26. This change in operational nature was subsequent to the approval of the NBFC license surrender by the Reserve Bank of India (RBI) on March 20, 2026. The company is currently engaged in the gift voucher and rewards business.

The reports also detailed a pending litigation matter concerning borrowings from Kingfisher Airlines Limited and United Breweries (Holdings) Limited, noting that the company received a garnishee order from the Recovery Officer, DRT, Bangalore, claiming Rs. 2,500 lakhs along with interest against borrowings of Rs. 2,122.40 lakhs. The matter is currently pending before the Debt Recovery Appellate Tribunal (DRAT), Chennai.

GYFTR Stock Price Movement​

Today, Gyftr Limited shares edged higher to close at ₹161.87 after finishing up 1.16% in the post-market session. The stock traded within a tight intraday range of ₹159.1 to ₹170, with a total volume of 205,712 shares recorded for the day.