- Business
- Galada Finance Limited (GALADAFIN.BO), a Chennai-based non-banking financial company (NBFC) founded in 1986, engages in asset financing primarily through vehicle loans, equipment financing and insurance services across India. Incorporated initially as a private limited company under the Companies Act, 1956, and converted to a public limited company in 1994, the company offers new vehicle loans for cars and other automobiles at competitive interest rates with flexible repayment schedules; used vehicle loans; construction equipment and machinery financing; other asset financing solutions; and insurance products covering financed assets and related debts for retail, small and medium enterprise (SME), and commercial customers. Headquartered at Shanti Sadan, Old No. 4 (New No. 7), Shaffee Mohammed Road, Chennai, Tamil Nadu, it operates within the consumer finance segment of diversified financials, serving domestic markets with a focus on hire purchase, leasing, and lending activities. In recent developments, the company's board approved unaudited financial results for Q2 2025 and discussed issuing non-convertible debentures as a key fundraising strategy to support growth.