Srestha Finvest Ltd provides Loans, Finance, and InvestmentsBusiness Overview: Company is registered as a Category B Non-Systematically Important Non-Deposit Taking NBFC - Investment and Credit Company which lends money against Securities, Movable and immovable properties, Finance, Hire purchase and Leasing, and also does trading and investing in shares
The company's Board of Directors has approved the re-appointment of Mrs. Sitaben S Patel as a Non-Executive Independent Director for a second five-year term, pending shareholder approval at the upcoming Annual General Meeting. Additionally, the Board also approved a proposal for entering into material related party transactions, which also requires...
**Srestha Finvest Limited Summary:** Srestha Finvest Limited's Board approved the financial results for the quarter and year. For the quarter, the company's total income from operations was 0.0684 Cr (standalone) and 0.1392 Cr (consolidated). It posted a net loss after tax of 0.544 Cr (standalone) and 0.5717 Cr (consolidated). The...
Srestha Finvest's board approved its standalone and consolidated financial results for the quarter. The company reported a significant loss of ₹27.43 Cr, largely due to a provision for Non-Performing Assets of ₹38.86 Cr. The board also noted a fine imposed for delayed submission of its shareholding pattern. Additionally, 11.75 Cr...
Srestha Finvest's Board has approved the allotment of 15.26 Cr new equity shares at Re.1.05 per share, including a Re.0.05 premium. These shares were issued to two non-promoter investors who exercised their convertible warrants. This conversion is part of a previous preferential warrant issue where 25% of the subscription amount...
