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The Business Standard

Sunday
August 16, 2026

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SUNDAY, AUGUST 16, 2026

MIDAS Financing Ltd

MIDAS Financing Ltd

Midas Finance slips into insolvency as negative NAV deepens to Tk24.87

Midas Finance slips into insolvency as negative NAV deepens to Tk24.87

The latest loss came after Midas Finance posted a staggering consolidated net loss of Tk337 crore in 2025, resulting in a loss per share of Tk23.40.

MIDAS Financing PLC reappoints Managing Director

MIDAS Financing PLC reappoints Managing Director

Infograph: TBS

Reverse provision helps Midas Finance return to profit in Q2

Midas Financing absorbs pandemic shock in first quarter

Midas Financing absorbs pandemic shock in first quarter

Rokia A Rahman. Photo: Collected

Rokia A Rahman elected as Chairman of MIDAS Financing Ltd

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