Resignation of Mr. Devendra Lal Thakur, Non-Executive Independent Director of the Company, with effect from the closure of the business hours of October 28, 2025.
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Comfort Commotrade's board approved standalone and consolidated unaudited results for Q2 and H1 FY26 ended September 30, 2025. Standalone Q2 performance weakened sharply, with net operating income falling to about Rs. 221 lakhs (from Rs. 737 lakhs a year ago) and the company posting a loss after tax of about Rs. 115 lakhs versus a profit of Rs. 716 lakhs in Q2 FY25. H1 FY26 standalone profit after tax stood at Rs. 547 lakhs (vs Rs. 1,435 lakhs in H1 FY25), with EPS of Rs. 5.46. The board also accepted the resignation of Non-Executive Independent Director Mr. Devendra Lal Thakur, citing personal pre-occupations, and appointed Mr. Ankit Tibrewala as a new Non-Executive Independent Director for a five-year term, subject to shareholder approval.
The weak Q2 results, swung into a loss compared to a strong base, may be a negative short-term signal for the stock. The independent director change is a routine succession with no governance concerns flagged, so impact on shareholder sentiment is likely limited.