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LKP Finance Ltd. has announced a board meeting on July 28, 2025, through Video Conferencing to consider the financial results for the quarter and half-year, appointment/re-appointment and auditors-related matters. The company operates as an NBFC, focusing on finance and investments in shares and securities. During FY25, total revenue declined significantly with standalone revenue from operations dropping from Rs. 8,256.87 lakhs to Rs. 737.52 lakhs and consolidated revenue decreasing from Rs. 8,988.86 lakhs to Rs. 1,414.25 lakhs. Profit after tax declined sharply at both standalone (Rs. 1032.34 lakhs) and consolidated levels (Rs. 181.88 lakhs). The company divested its wholly-owned subsidiary Bond Street Capital Pvt. Ltd. in FY25, recognizing an exceptional gain. A change in management control occurred with Hindon Mercantile Ltd. acquiring majority shares. The company has no public deposits and maintains a strong internal control system. The statutory auditor issued a qualified opinion citing non-availability of confirmation/term sheets for borrowings aggregating to Rs. 3,596.65 lakhs and non-provision of related interest expense, causing uncertainty over the financial position. The company is contesting a garnishee order related to an outstanding Rs. 2,122.40 lakhs loan, with deposits and investments seized by recovery authorities, pending resolution. CSR expenditure of Rs. 95.57 lakhs was incurred on education, health, and environmental sustainability. No dividend was declared for FY25. The company’s gearing ratio improved to 4.72% from 13.17% the previous year, aided by reduced borrowings and higher cash reserves. The board composition has significant changes post-acquisition, with multiple new independent and executive directors appointed.