Nalin Lease Finance logo

Nalin Lease Finance MD, chairman, board of directors and AGM

BSE: 531212FinanceSmall Cap

Last close ₹41.00up ₹2.40 (6.22%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹38.60.

52-week range of traded prices to 23 Oct 2026
₹34.35Low, 9 Sep 2026₹56.00High, 17 Nov 2025
Market cap
₹27 Cr3,857th largest listed
P/E
8.0
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
9.2%
NIM
14.89%
Cost of funds
9.31%
Credit cost
1.38%
ROA
7.28%
Leverage
1.19times net worth
Volume, BSE
4,393

Nalin Lease Finance board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonDILIPKUMAR NALINKANT GANDHIRelated to the promoter
  • Managing directorHARSH DILIPKUMAR GANDHI

6 directors3 independent3 executive

  • DILIPKUMAR NALINKANT GANDHI · ChairpersonExecutive · joined Aug 2005 · 60 months as independent · 1 listed board · 2 committee seats
  • PALLAVIBEN DILIPKUMAR GANDHIExecutive · joined Oct 1992 · 60 months as independent · 1 listed board
  • HARSH DILIPKUMAR GANDHI · Managing directorExecutive · joined Jul 2010 · 60 months as independent · 1 listed board
  • ASHWINBHAI MAGANBHAI PRAJAPATIIndependent · joined Aug 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • HIRENKUMAR SATISHKUMAR SONIIndependent · joined Aug 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • SAMSAD ALAM KHANIndependent · joined Mar 2025 · 60 months as independent · 1 listed board · 1 as independent

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.

1 director who left
  • SAMIRKUMAR KANTILAL SHAH, left 13 Sep 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 17 Aug 20266 of 6 present3 independent · 30 days in between
    • 17 Jul 20266 of 6 present3 independent · 73 days in between
    • 4 May 20266 of 6 present3 independent
  • Audit Committee

    Chair ASHWINBHAI MAGANBHAI PRAJAPATI

    HIRENKUMAR SATISHKUMAR SONI, DILIPKUMAR NALINKANT GANDHI

    • 17 Jul 20263 of 3 present2 independent · 73 days in between
    • 4 May 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair ASHWINBHAI MAGANBHAI PRAJAPATI

    HIRENKUMAR SATISHKUMAR SONI, SAMSAD ALAM KHAN

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair ASHWINBHAI MAGANBHAI PRAJAPATI

    HIRENKUMAR SATISHKUMAR SONI, DILIPKUMAR NALINKANT GANDHI

    • 17 Jul 20263 of 3 present2 independent · 73 days in between
    • 4 May 20263 of 3 present2 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.

Nalin Lease Finance 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.Nalin Lease Finance dividend history

Annual general meeting, 24 Sep 2026

3,145 shareholders on the register on 17 Sep 2026; present: 6 promoters and 19 others; votes counted by AMRISH GANDHI / AMRISH GANDHI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Consideration and Adoption of Audited Financial Statements of the Company for the financial year ended March 31, 2026 and Reports of the Board of Directors ("the Board") and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.89% · promoters 100.00% · institutions 0.00% · other public 31.89%

  2. To appoint / re-appoint Mr. Dilipkumar Nalinkant Gandhi (DIN: 00339595) who retires by rotation, as a Director
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 8.01% · promoters 0.00% · institutions 0.00% · other public 31.89%

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

None open at any 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
Yes
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.