Resignation of Mrs. Rachana Hingar as Company Secretary & Compliance Officer of the Company
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Comfort Intech's Board met on May 20, 2025 and approved multiple items. Mrs. Rachana Hingar resigned as Company Secretary and Compliance Officer (a Key Managerial Personnel) effective close of business on May 20, 2025, and Mr. Omkar M. Mistry has been appointed as her replacement. The Board also approved audited FY25 results showing standalone profit after tax of Rs. 790.19 lakhs (up from Rs. 717.62 lakhs last year) on total income of Rs. 17,971.45 lakhs, and consolidated PAT of Rs. 1,150.68 lakhs on total income of Rs. 18,621.78 lakhs. A final dividend of Rs. 0.07 per share (7% on face value) has been recommended, subject to shareholder approval. New Internal Auditor (M/s. AHSP & Co. LLP) and Secretarial Auditor (M/s. Mitesh J. Shah & Associates, for a 5-year term) were also appointed. The auditor issued an unmodified opinion on the financial results.
The CS exit is a routine KMP change with a replacement already named, so governance continuity is maintained. FY25 standalone profits grew modestly while consolidated profits declined due to lower associate share, but the small dividend and steady results suggest limited near-term stock price impact.