- Under NSE's graded surveillance, stage 0, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹13 Cr4,265th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 30 Jul 2026
- 511.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 30 Jul 2026
- −6.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 36,52667.3% delivered
Gujarat Lease Financing board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- ChairpersonAnimesh J Mehta
- Company Secretary and Compliance OfficerMeera Gudka
6 directors3 independent3 non-executive
- Animesh J Mehta · ChairpersonIndependent · joined Mar 2022 · reappointed Mar 2022 · 54 months as independent · 1 listed board · 1 as independent · 10 committee seats, 5 as chair
- Narayan Nanakram MeghaniIndependent · joined Mar 2022 · reappointed Mar 2022 · 54 months as independent · 1 listed board · 1 as independent · 10 committee seats, 5 as chair
- Raghuveer Karan ParakhIndependent · joined Jul 2020 · reappointed Jul 2025 · 75 months as independent · 1 listed board · 1 as independent · 4 committee seats, 1 as chair
- Saurabh Rameshchandra MashruwalaNon-executive · joined Dec 2020 · 1 listed board · 2 committee seats
- Leena Digambar KatdareNon-executive · joined Jan 2021 · 1 listed board · 2 committee seats
- Luna Tapan PalNon-executive · joined May 2022 · 1 listed board · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Jul 20266 of 6 present3 independent · 90 days in between
- 30 Apr 20266 of 6 present3 independent
Audit Committee
Chair Animesh J Mehta
Narayan Nanakram Meghani, Raghuveer Karan Parakh, Leena Digambar Katdare
- 30 Jul 20264 of 4 present3 independent · 90 days in between
- 30 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Narayan Nanakram Meghani
Animesh J Mehta, Raghuveer Karan Parakh, Leena Digambar Katdare
- 30 Apr 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Raghuveer Karan Parakh
Leena Digambar Katdare, Luna Tapan Pal
- 30 Apr 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- M/s. G. K. Choksi & Co.Peer-review certificate valid to Jan 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Gujarat Lease Financing AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Gujarat Lease Financing share news and announcements
Annual general meeting, 2 Jul 2026
29,838 shareholders on the register on 25 Jun 2026; present: 3 promoters and 30 others; votes counted by Rajesh Parekh / Rajesh Parekh & Co..The company's voting result (opens in a new tab)
- Adoption of the Financial Statements of the Company for the Financial Year ended March 31, 2026, including reports of the Auditors and the Board of Directors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re-appointment of Leena Katdare (DIN: 08914188), who retires by rotation and being eligible offers herself for re-appointment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.61%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Re-appointment of Animesh Mehta (DIN: 09122533) as an Independent Director of the Company for a second and final term of 5 consecutive years commencing from March 31, 2027 to March 30, 2032 (both days inclusive).MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.65%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Re-appointment of Narayan Meghani (DIN: 09551334) as an Independent Director of the Company for a second and final term of 5 consecutive years commencing from March 31, 2027 to March 30, 2032 (both days inclusive).MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.65%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 11 Jul 2025, 4 resolutions
30,000 shareholders on the register on 4 Jul 2025; present: 3 promoters and 37 others; votes counted by Rajesh Parekh / Rajesh Parekh & Co..The company's voting result (opens in a new tab)
- Adoption of the Financial Statements of the Company for the Financial Year ended March 31, 2025, including reports of the Auditors and the Board of Directors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 41.23% · promoters 84.23% · institutions 0.00% · other public 5.09%
- Re-appointment of Saurabh Mashruwala (DIN: 01786490), who retires by rotation and being eligible offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 41.23% · promoters 84.23% · institutions 0.00% · other public 5.09%
- Re-appointment of Raghuveer Parakh as an Independent Director of the Company for second and final term of 5 consecutive years commencing from July 13, 2025 to July 12, 2030Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 41.23% · promoters 84.23% · institutions 0.00% · other public 5.09%
- Appointment of M/s. RPAP & Co., as a Secretarial Auditor for a term of Five Years from FY 2025-26 to FY 2029-30Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 41.23% · promoters 84.23% · institutions 0.00% · other public 5.09%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 17 Sep 2024, 2 resolutions
Present: 2 promoters and 35 others.The company's voting result (opens in a new tab)
- Adoption of the Financial Statements of the Company for the Financial Year ended March 31, 2024, including reports of the Auditors and the Board of Directors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re-appointment of Luna Pal (DIN: 08415379), who retires by rotation and being eligible offeres herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 24 Aug 2023, 2 resolutions
Present: 3 promoters and 38 others.The company's voting result (opens in a new tab)
- Adoption of the Financial Statements of the Company for the Financial Year ended March 31, 2023, including reports of the Auditors and the Board of Directors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re-appointment of Leena Katdare (DIN: 08914188), who retired by rotation and being eligible offered herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Jun 2022, 6 resolutions
Present: 2 promoters and 35 others.The company's voting result (opens in a new tab)
- Adoption of the Financial Statements of the Company for the Financial Year ended March 31, 2022, including reports of the Auditors and the Board of Directors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 38.88% · promoters 84.23% · institutions 0.00% · other public 0.76%
- Reappointment of Saurabh Mashruwala (DIN: 01786490), who retired by rotation and being eligible offered himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 38.88% · promoters 84.23% · institutions 0.00% · other public 0.76%
- Reappointment of M/s. G.K. Choksi & Co., Chartered Accountants as Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 38.88% · promoters 84.23% · institutions 0.00% · other public 0.76%
- Appointment of Animesh Mehta (DIN: 09122533) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 38.88% · promoters 84.23% · institutions 0.00% · other public 0.76%
- Appointment of Narayan Meghani (DIN:09551334) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 38.88% · promoters 84.23% · institutions 0.00% · other public 0.76%
- Appointment of Luna Pal (DIN: 08415379) as a Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 38.88% · promoters 84.23% · institutions 0.00% · other public 0.76%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 12 Aug 2021, 4 resolutions
Present: 1 promoter and 36 others.The company's voting result (opens in a new tab)
- Adoption of the Financial Statements of the Company for the Financial Year ended March 31, 2021, including reports thereon of the Auditors and the Board of DirectorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 32.26% · promoters 69.75% · institutions 0.00% · other public 0.74%
- Re-appointment of Kavita Mandan (DIN: 07419972) , who retired by rotation and being eligible offered herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 32.26% · promoters 69.75% · institutions 0.00% · other public 0.74%
- Appointment of Saurabh Mashruwala (DIN: 01786490) as a Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 32.26% · promoters 69.75% · institutions 0.00% · other public 0.74%
- Appointment of Leena Katdare (DIN: 08914188) as a Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.17%
Turnout: all 32.26% · promoters 69.75% · institutions 0.00% · other public 0.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2020, 4 resolutions
Present: 2 promoters and 40 others.The company's voting result (opens in a new tab)
- Adoption of Audited Financial Statements of the Company for the Financial Year ended 31st March, 2020, the reports of the Auditors and the Board of Directors thereonOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re -appointment of Smt. Kavita N. Mandan (holding DIN: 07419972), who retired by rotation and being eligible offered hereself for re-appoitment.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Shri Prakash J. Parikh as Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Appointment of Shri Raghuveer Parakh as Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 7 Aug 2019, 5 resolutions
Present: 2 promoters and 32 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statement for the Financial year ended on 31st March, 2019 and the reports of the Board of Directors and Statutory Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Re-appointment of Smt.Kavita N.Mandon (DIN: 07419972),who retired by rotation and being eligible offered herself for re-appoinment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Deletion of the requirement of ratification of appointment of Statutory Auditors of the Company at every Annual General Meeting.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Approval for continuance of Directorship of Shri Surendra M.Shah as Non-executive & Independent Director of the Company,who has attained the age of more than 75 years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
- Approval for contimunance of Directorship of Shri Vasant A. Shah as Non-Executive & Independent Director of the Company, who has attained the age of more than 75 years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.