Intimation regarding completion of term Independent Directorship of Ms.Freeda Gnanaselvam Kanagiah
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Aruna Hotels reported a strong turnaround in Q1 FY26 (quarter ended June 30, 2025) with revenue from operations rising to Rs 593.05 lakhs from Rs 550.66 lakhs a year earlier, and net profit of Rs 137.42 lakhs compared to a loss of Rs 103.63 lakhs in Q1 FY25, giving EPS of Rs 0.41. Total income grew to Rs 603.79 lakhs. The board also approved the appointment of Ms. R. Vijayalakshmi as a new Non-Executive Independent Director for a five-year term starting August 12, 2025, replacing Ms. Freeda Gnanaselvam Kanagiah who retired on completion of her second five-year term (which ran from September 21, 2020 to September 21, 2025). Additionally, Mr. B. Prabhakar was appointed as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), and G S P U & Associates were reappointed as Internal Auditors for FY 2025-26.
The financials show a sharp swing from loss to profit, which is a positive signal for shareholders. The board changes are routine — one independent director retiring at end of her term and being replaced by a new appointee, with no governance red flags.