BSEBalgopal Commercial LtdMediumNeutral
Announced Thu, 14 Aug · 13:47 IST

Appointment of Company Secretary & Compliance Officer

Management Changes View source PDF

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Awaiting price reaction for this filing.

AI summary

Balgopal Commercial Ltd informed the stock exchange about the outcome of its board meeting held on August 14, 2025. The board approved the appointment of Mr. Ankit Ladha (ICSI Membership No. A74941) as the Company Secretary & Compliance Officer, designated as Key Managerial Personnel. Mr. Ladha is a qualified Company Secretary with over 10 years of experience in corporate secretarial and compliance functions. The board also approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, the company reported total income of Rs. 23.41 lakh and a profit after tax of Rs. 16.77 lakh (EPS Rs. 0.88) for the quarter, recovering from a loss of Rs. 43.76 lakh in the previous quarter (Q4 FY25). The limited review of these results was carried out by the statutory auditors, Arvind Baid & Associates.

Likely market impact

This is a routine compliance update with no material impact on shareholders. The appointment fills a key managerial position required under SEBI regulations, and the Q1 results show a return to profitability, though the company's core revenue from operations remains nil, with income largely from other sources.