Caprihans India Limited has informed the Exchange about the appointment of Mr. Pritam Paul as Chief Financial Officer of the Company.
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Caprihans India's board, at its 10 February 2026 meeting, approved unaudited Q3 FY26 results showing standalone revenue from operations of Rs. 173.35 crore and consolidated revenue of Rs. 175.31 crore, with the company posting a standalone net loss of Rs. 15.96 crore and consolidated loss of Rs. 15.60 crore for the quarter. Nine-month standalone loss stood at Rs. 54.48 crore with EPS of Rs. (37.26), reflecting continued pressure on profitability. Mr. Guman Mal Jain resigned as CFO citing personal reasons (no material reasons given), and Mr. Pritam Paul, currently Business Head – Flexible PVC and with the company since 2011, was appointed as the new CFO and KMP effective 11 February 2026. The board also appointed Mr. Sanjeev D. Tole as Additional Independent Director and approved redemption of 2.80 crore 0.1% non-cumulative preference shares, lowering preference share capital to Rs. 138.60 crore.
Continued quarterly losses and lack of a clear turnaround may pressure the stock in the near term, while the internal CFO promotion offers continuity. The preference share redemption trims future dividend obligations but underscores the company's weak profitability.