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India Lease Development LtdBoard Meeting, 11-08-2025: Board Meeting

11-08-2025 | 03:16 pm

India Lease Development's Board has approved the notice for its 40th Annual General Meeting, where shareholders will consider re-appointing directors Shri Rajiv Gupta and Ms. Sumana Verma. The Board also re-appointed Shri Karun Pratap Hoon as Independent Director for five years and approved Related Party Transactions following the Audit Committee's review. For the quarter, the company reported a net loss of 0.0552 Cr and an EPS of (0.04) Rs. The company has discontinued fresh hire purchase/leasing business, but management believes asset realization will ensure going concern operations despite cumulative losses.

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