Team India Guaranty Limited Approves New Director and Reviews Financials Ahead of AGM
Team India Guaranty Limited, held a Board meeting on August 14, 2026, during which it approved the unaudited financial results for the quarter ended June 30, 2026, and ratified several key corporate governance decisions. The company also announced the date for its upcoming 36th Annual General Meeting (AGM) and detailed its strategic plans regarding borrowing limits and related party transactions.Corporate Governance and Appointments
A significant outcome of the meeting was the appointment of Mr. Anil Poddar as an Additional Non-Executive Independent Director. Mr. Poddar, who is a qualified Chartered Accountant and holds a Bachelor of Laws (LL.B.) degree, will serve for five consecutive years, effective August 14, 2026, subject to shareholder approval.The Board also approved the appointment of CS Aabid Mohammed, Partner at Aabid & Co., as the Scrutinizer responsible for overseeing the remote e-voting process and the AGM.
Financial Performance Review
The Board reviewed the unaudited standalone financial results of Team India Guaranty Limited for the quarter ended June 30, 2026, along with a Limited Review Report issued by Statutory Auditors. The company also approved its Board's Report for the Financial Year ended March 31, 2026, and the related Corporate Governance Report.Key financial metrics presented at the meeting are summarized below:
| Particular | Quarter Ended 30-06-2026 (Unaudited) | Quarter Ended 31-03-2026 (Audited) | Quarter Ended 30-06-2025 (Unaudited) | Year Ended 31-03-2025 (Audited) |
|---|---|---|---|---|
| Revenue From Operations | 282.54 | 155.51 | 125.83 | 548.50 |
| Total Income | 28.124 | 155.66 | 126.27 | 549.50 |
| Total Expenses | (207.91) | (219.24) | 47.77 | 440.79 |
| Total Profit/ (Loss) Before Exceptional Items | 75.26 | (83.58) | 78.50 | 131.71 |
Further financial data presented in Annexure 1 shows the following ratios and balances as of the quarter ended June 30, 2026:
| Financial Metric | Value |
|---|---|
| Net Worth (Rs. in Lakhs) | 4,946.98 |
| Debt Equity Ratio | 0.07 |
| Earnings Per Share (Diluted) | 1.04 |
| Current Ratio | 66.81 |
| Operating Margin (%) | 26.64% |
Future Business and Operational Details
The Board approved the AGM to be held on Monday, September 21, 2026, which will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The notice convening the AGM and the Annual Report for the Financial Year 2025-26 are yet to be circulated.The company also approved two material operational proposals subject to member approval at the AGM:
1. An enhancement of the overall borrowing limit to an aggregate amount not exceeding ₹200,00,00,000 (Rupees Two Hundred Crores Only).
2. Material Related Party Transactions with Team India Managers Limited and New Berry Advisors Limited for an aggregate amount not exceeding ₹25 Crore each.
E-Voting Schedule
The Register of Members shall remain closed from Tuesday, September 15, 2026, to Monday, September 21, 2026, for the AGM. The cutoff date for determining member eligibility for remote e-voting was fixed as Monday, September 14, 2026.Remote e-voting is scheduled to begin at 9:00 A.M. (IST) on Wednesday, September 16, 2026, and will remain open until 5:00 P.M. (IST) on Sunday, September 20, 2026.
TEAMGTY Stock Price Movement
On Friday, shares of Team India Guaranty Limited edged higher by 0.47%, settling at a closing price of ₹227.94. The stock saw a trading volume of 17,597 shares during that market phase.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.