Kumbhat Financial Services Ltd — Others, 24-07-2025: Others

Kumbhat Financial Services has released its annual financial results for the year ended March 31, reporting a profit of ₹1.36 Cr and a significant increase in gross loans to ₹17.57 Cr. The company will hold its Annual General Meeting on August 20. Key proposals include enhancing borrowing limits and private placement of Non-Convertible Debentures up to ₹37.00 Cr to support future business expansion. This comes after a recent ₹1.39 Cr preferential share allotment, which helped the company meet RBI's Net Owned Fund target. The Board also proposes re-appointing its Managing Director with revised remuneration and replacing statutory auditors. This signals a strategic focus on growth and capital strengthening.