The Company hereby informed that the Appointment of Mrs. Gangarani Devi Mayengbam as a Chief Financial Officer of the company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 6.0 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board, at its meeting on November 12, 2025, approved standalone unaudited financial results for the half year ended September 30, 2025. Revenue from operations fell to Rs 2,119.37 lakhs from Rs 2,348.98 lakhs in the same period last year, but the company swung to a net profit of Rs 14.04 lakhs versus a loss of Rs 16.51 lakhs earlier, with basic EPS at Rs 0.23. Trade receivables surged sharply to Rs 1,637.07 lakhs (from Rs 930.20 lakhs) and trade payables also jumped to Rs 707.31 lakhs (from Rs 181.33 lakhs), pointing to stretched working capital. The board appointed Mrs. Gangarani Devi Mayengbam as CFO; she is already a Director and the wife of Managing Director Ranjit Kulladhaja Mayengbam, and will receive no separate remuneration for the CFO role. Separately, the board acknowledged a BSE communication flagging delayed submission of the FY25 annual report and directed stricter compliance going forward.
Marginal profitability recovery is a positive, but declining top line and sharply rising receivables/payables signal working-capital stress that shareholders should watch. The CFO appointment strengthens promoter family control of finance functions, which is a governance red flag for minority investors.