Brijlaxmi Leasing Tells BSE It Is Exempt From FY26 Related Party Disclosures

Brijlaxmi Leasing & Finance Ltd has told the Bombay Stock Exchange it is exempt from filing related party transaction disclosures under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the financial year ended March 31, 2026. ScanX reported the notification on November 7, 2026.

Brijlaxmi Leasing's Capital Thresholds Under Regulation 15(2)

Brijlaxmi Leasing & Finance is an RBI-registered, BSE-listed non-banking finance company offering leasing, working capital, personal and project loans, mainly to small businesses and individuals, with operations centred in Gujarat and Mumbai.

The company stated that its paid-up equity share capital does not exceed ₹10 crore and its net worth does not exceed ₹25 crore as on the last day of the previous financial year. Those figures place it within the limits set out in Regulation 15(2) of the SEBI LODR Regulations, which relaxes certain governance and disclosure requirements for listed entities below the thresholds.

Because the company falls within those limits, it said the provisions on filing related party transaction disclosures under Regulation 23 do not apply to it. The exemption removes the requirement to submit the detailed Regulation 23(9) disclosures for FY26. Siddharth Chaturvedi, Managing Director and Chief Financial Officer, signed the notification on November 7, 2026.

Brijlaxmi Leasing's FY26 Revenue and Borrowings

According to akta.pro company records, Brijlaxmi Leasing reported revenue of ₹283.56 lakh for FY26 and net profit of ₹66.17 lakh, down 58.2% from the previous year. Total borrowings stood at ₹2,080.27 lakh as of FY26. The same records show a statutory auditor's qualified opinion on the FY26 accounts, citing non-compliance with Ind AS 19 and unrecognised interest income, alongside negative cash equivalents and the profit decline.

Brijlaxmi Leasing's Open Offer Withdrawal and AGM

On October 12, 2026, Brijlaxmi Leasing withdrew an open offer for a 26% stake after the RBI refused approval, ScanX reported. The offer had targeted 64,99,889 shares at ₹10.05 each, totalling ₹6.53 crore, and the withdrawal was filed with BSE that day.

At its 35th AGM on September 23, 2026, held by video conference, the company adopted its audited FY26 accounts, ScanX reported. The meeting also approved a ₹25 crore unsecured loan to related party Asian Petro Products at 9% interest for 12 months.

What Comes Next for Brijlaxmi Leasing

The company has said a self-service customer portal for loan tracking, repayment schedules and account management is launching soon, according to akta.pro company records.