Glance Finance Ltd's financial assets less than 50% of total assets

Glance Finance Ltd has ceased to have financial assets of more than 50 per cent of the total assets and income from financial assets of more than 50 per cent of the gross income as at financial year ended 31.03.2022. However, the Company holds NBFC registration from the Reserve Bank of India as on 31.03.2022. The Company is approaching Reserve Bank of India for seeking temporary suspension of NBFC License.

Shares of GLANCE FINANCE LTD. was last trading in BSE at Rs. 57.05 as compared to the previous close of Rs. 53.90. The total number of shares traded during the day was 2081 in over 38 trades.

The stock hit an intraday high of Rs. 60.00 and intraday low of 55.00. The net turnover during the day was Rs. 122510.00.

Source : Equity Bulls

Keywords

GLANCEFINANCE INE580D01017 FinancialAssets NBFC