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Helpage Finlease LtdUpdates, 26-05-2025: Company Update

26-05-2025 | 07:42 pm

Helpage Finlease Limited has announced a board meeting to approve the financial results for the quarter and financial year ended March 31, 2025. The Board approved a proposal to increase the authorized share capital from Rs. 11 Cr to Rs. 50 Cr, subject to shareholder approval. It also approved a capital raise plan of up to Rs. 200 Cr through multiple tranches, pending regulatory and shareholder approvals. M/s JPKR & Company has been appointed as the internal auditor for FY 2025-26, and CS Divya Rani has been recommended for appointment as secretarial auditor for five years, subject to shareholder consent. The company reported a net profit of Rs. 2.06 Cr for FY 2024-25, with assets totaling Rs. 103 Cr and no litigation impacting financials. Internal financial controls were deemed adequate and effective.

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