disclosure under reg 30 - LODR - Resignation of Director
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Amarnath Securities held a board meeting on August 13, 2025 where it approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs. 8.82 lakhs, down from Rs. 9.71 lakhs in the same quarter last year. Profit after tax came in at Rs. 4.40 lakhs (vs Rs. 4.93 lakhs YoY), with EPS of Rs. 0.15. Independent Director Mr. Afzalkhan Usmankhan Afridi resigned citing personal preoccupation, effective the same day. To fill the vacancy, two new Independent Directors were appointed — Mr. Nitin Walunj (MBA Finance, 18+ years experience at Reliance Securities, Axis Securities, Motilal Oswal) and Ms. Vaishali Dhruvabal Mahadik (Commerce graduate with finance and accounting skills) — both for a five-year term ending August 12, 2031.
A routine reshuffle at the board level with one independent director exiting due to personal reasons and two new independent directors brought in. Q1 earnings show a slight dip in revenue and profit compared to last year, but the company remains profitable. No material governance red flags, and the changes are unlikely to move the stock meaningfully.