GDL Leasing & Finance Ltd — Important, 11-11-2025: Company Update
11-11-2025 | 06:32 pm
11-11-2025 | 06:32 pm
GDL Leasing and Finance has announced a board meeting. Key outcomes include approving the financial results for the quarter and half-year, changes in management with a new Secretarial Auditor and Chief Financial Officer, and an Independent Director's resignation. The company plans to increase its Authorized Share Capital to ₹10 Cr and issue warrants worth ₹5.54 Cr on a preferential basis to raise funds. Additionally, it approved acquiring 100% of Karma Fiintech for ₹0.25 Cr, making it a wholly-owned subsidiary, and at least 51% of Accredit Marketplace for ₹0.00051 Cr, marking a strategic entry into financial consultancy. These moves aim to boost operational efficiency and business growth.
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