Board approves unaudited Q2/H1 FY27 results; related party transaction statement for the half year shared
Board of Directors met on October 30, 2026, from 04:00 P.M. to 06:00 P.M. and approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
- Results period
- quarter and half year ended September 30, 2026
- Loans (INR Lakhs)
- 86,454.86
- Total assets (INR Lakhs)
- 1,07,421.10
What the board approved
- The Board of Directors met on October 30, 2026, from 04:00 P.M. to 06:00 P.M.
- It approved the unaudited standalone financial results of the company for the quarter and half year ended September 30, 2026, on the recommendation of the Audit Committee.
- The results were approved in the format required for listed companies with non-convertible securities, and the company will also publish them in newspapers.
What else was shared with the exchanges
- The Limited Review Report of the statutory auditors, Shyam S Gupta & Associates, Chartered Accountants, on the unaudited standalone results.
- The statement of disclosures of line items required for entities with listed non-convertible securities.
- A Security Cover Certificate issued by the statutory auditor.
- The disclosure of related party transactions for the half year ended September 30, 2026 — this is what the exchange headline refers to.
- A statement on utilisation of issue proceeds of non-convertible securities, and a statement on utilisation of amounts raised through conversion of warrants, both indicating no deviation or variation in use of the proceeds and both reviewed by the Audit Committee.
What a limited review means for a reader
The auditor's report is a review, not an audit. It says a review is substantially less in scope than an audit and does not express an audit opinion, so it gives moderate assurance. The auditor's conclusion is that nothing came to their attention suggesting the results are not prepared in line with the applicable accounting standards, do not disclose what is required, or contain a material misstatement, including with respect to the RBI prudential norms on income recognition, asset classification and provisioning.
Related party transactions
- The company has shared the related party transactions statement for the half year ended September 30, 2026. Such a statement lists dealings between the company and its related parties — for example promoters, group companies and key managerial persons — and lets investors see the scale of these dealings.
Why the 'no deviation' statements matter
- When a company raises money by issuing non-convertible securities or through warrants, it is expected to use that money for the stated purpose. The two statements say there was no deviation or variation in the use of the proceeds. For a lender, this is a governance check on how raised funds were actually applied.
Key figures from the balance sheet (as at September 30, 2026, unaudited, stated in INR in Lakhs)
- Loans: 86,454.86
- Sub-total of financial assets: 1,03,109.70
- Total assets: 1,07,421.10
- These are the figures printed in the update in lakhs; loans form the large majority of the asset base, which is typical for a lending business.
How to read this announcement
- This is a periodic disclosure that comes with every results cycle: results, auditor's review, related party dealings, security cover and issue-proceeds usage. Nothing here changes the share capital or the ownership structure.
- The two items worth comparing across quarters are the size of the loan book and the level of related party transactions, since both are visible in this update and in earlier ones.
Also from Akme Fintrade (India)
No deviation or variation in use of issue proceeds; Q2 and H1 standalone results approved
30 Oct 2026
Board meeting outcome: standalone Q2 and H1 FY27 results approved, auditor review unmodified
30 Oct 2026
Trading approval received for 82 lakh equity shares allotted on warrant conversion
30 Oct 2026
More numbers
- Loans as at 30.09.2026 (INR in Lakhs)86,454.86
- Sub-total financial assets as at 30.09.2026 (INR in Lakhs)1,03,109.70
- Total assets as at 30.09.2026 (INR in Lakhs)1,07,421.10
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