BSESouth Asian Enterprises LtdMediumNeutral
Announced Mon, 9 Feb · 19:23 IST

Appointment of Company Secretary

Kmp ResignedManagement Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board approved unaudited results for Q3 FY26 and nine months ended December 31, 2025. Revenue from operations for the quarter stood at ₹5.97 lakh (vs ₹6.89 lakh in Q3 FY25), while nine-month revenue rose slightly to ₹21.10 lakh. The company reported a quarterly loss after tax of ₹6.92 lakh and a nine-month loss after tax of ₹10.88 lakh, improving from a ₹236.63 lakh loss a year ago which included a one-time ₹320.78 lakh impairment provision. The Entertainment segment (Kanpur amusement park) saw its lease expire and assets taken over by Kanpur Nagar Mahapalika, leading to impairment. Separately, Company Secretary Mr. Ramesh Chandra Pandey resigned effective February 6, 2026, and Ms. Khushi Garg (already with the company since April 2025) was appointed as the new Company Secretary from February 9, 2026.

Likely market impact

Quarterly losses continue and core operations remain small, but results are an improvement over the prior year once one-time impairments are excluded. The Company Secretary change is a routine KMP transition with internal continuity, unlikely to materially affect the stock.