Finkurve Financial Services Ltd — Board Meeting, 13-08-2025: Board Meeting

The company has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025, reporting a profit of 5.09 Cr. It also updated on the utilization of 141.50 Cr raised from a preferential issue, confirming 111.50 Cr has been used for onward lending, investments, and debt repayment, with no deviation. An additional 30 Cr from warrants is pending. The board also approved the allotment of 2,100 secured Non-Convertible Debentures, raising 21 Cr at an 11.75% coupon rate, secured against gold loan receivables. The company has commenced co-lending for gold loans, resulting in an off-book AUM of 14.25 Cr.