Gujarat Lease Financing Limited — Others, 12-02-2025: Appointment

The Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024, reporting a profit of ₹5.02 lakh, down from ₹11.82 lakh in the previous quarter. Meera Keval Gudka has been appointed as Company Secretary and Compliance Officer, effective February 17, 2025, enhancing governance. The company faces accumulated losses exceeding its net worth, with no current business plan, leading to a non-going concern assumption for financial statements. Investors may view this as a cautious signal given the financial struggles, but the management changes could be seen as a step towards improved compliance and governance.