BSECaprihans India Ltd-$MediumNeutral
Announced Tue, 10 Feb · 21:13 IST

Caprihans India Limited has informed the Exchange that the Board of Directors in their Meeting held on 10 February 2026 approved the appointment of Additional Director (Independent) of the Company

Cfo ResignedKmp ResignedManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Caprihans India reported Q3 FY26 (Dec 2025) standalone revenue of Rs 173.35 Cr, down from Rs 191.03 Cr a year ago, with a net loss of Rs 15.96 Cr (vs Rs 18.51 Cr loss in Q3 FY25). On a consolidated basis, the company posted a loss of Rs 15.60 Cr for the quarter and Rs 54.04 Cr for the nine-month period. The board approved redemption of 2.80 crore 0.1% preference shares (Rs 28.05 Cr face value), bringing down preference share capital to Rs 138.6 Cr. Mr. Sanjeev D. Tole, a Company Secretary with over 50 years of experience, was appointed as an Additional Independent Director. CFO Mr. Guman Mal Jain resigned citing personal reasons, and was replaced by Mr. Pritam Paul, an internal candidate who is already heading the Flexible PVC business, effective 11 February 2026.

Likely market impact

The company continues to post losses, though these are narrower than the year-ago quarter. The CFO transition to an internal candidate suggests continuity, but persistent operating losses and ongoing capital restructuring via preference share redemption remain key points for shareholders to monitor.