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Jagsonpal Finance & Leasing Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. The company reported a loss of ₹107.09 lakh for the quarter, widening from a loss of ₹75.81 lakh in the previous year’s quarter. Revenue stood at ₹9.33 lakh. The Board has approved altering the company’s main objects to exit lending and financing activities, with a consequent name change to remove “Finance & Leasing,” subject to shareholder approval. These changes signal a strategic shift away from its traditional finance business, impacting its future operations and positioning.