Ushakiran Finance Ltd Announces Q2026 Results; Approves Governance Matters and Outlines AGM Details
Ushakiran Finance Limited announced the approval of its unaudited financial results for the quarter ended June 30, 2026, during a Board meeting held on August 3, 2026. The board also considered several key corporate governance matters, including the reappointment of a director and the details for the forthcoming Annual General Meeting (AGM).The company approved the unaudited financial results along with the limited review report issued by statutory auditors. Furthermore, the Board approved the Directors report and the Secretarial Audit Report for the fiscal year ended March 31, 2026.
Financial Highlights
The statement of unaudited financial results shows key operational figures in Rs. lakhs for the quarter ending June 30, 2026.| Particulars | Quarter Ended 30.06.2026 | Quarter Ended 31.03.2026 | Year Ended 31.03.2026 |
|---|---|---|---|
| Total Income (a+b) | 20.00 | 6.57 | 47.23 |
| Total Expenses | 9.60 | 18.46 | 45.53 |
| Profit/(Loss) before tax | 10.40 | (11.89) | 1.70 |
| Total Tax Expense | 1.93 | (3.14) | 6.06 |
| Total comprehensive income/(loss) for the period | 128.48 | (347.10) | (298.78) |
Governance and Future Plans
The board recommended the reappointment of Sri T.R. Sekhar, who retires by rotation and is eligible for reappointment as a Non-Executive Non-Independent director, subject to shareholder approval at the ensuing AGM.The company also appointed Mr N. Mallikarjuna Rao, Chartered Accountant, Partner of M/s Mallikarjun Rao and Associates, as Scrutinizer for the upcoming AGM.
Details regarding the future general meeting are as follows:
- AGM Date: Tuesday, September 29, 2026.
- Record Date (Cut-off): Tuesday, September 22, 2026.
- Register Closure Period: Wednesday, September 23, 2026, to Tuesday, September 29, 2026.
Independent Review and Regulatory Status
The independent auditor’s review report on the unaudited financial results concluded that nothing has come to their attention that suggests the statement does not disclose all required information as per the Listing Regulations.Additionally, Ushakiran Finance Limited stated that its Statement of deviation is not applicable, noting that the company made its public offer nearly 30 years ago and has not raised any fresh issue through a public issue, rights issue, preferential issue, or QIP. Furthermore, the company confirmed it does not have any Non-convertible Instruments (Debt), making certain related regulations non-applicable.
Stock Price Movement
Ushakiran Finance Ltd settled today in the red, finishing at ₹30.66, after shares slipped 3.43% from the previous close.The stock experienced considerable movement during the session, ranging between a low of ₹30.17 and an intraday high of ₹33.33.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.
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