Cupid Limited has informed the Exchange about Resignation of Director/KMP/SMP
CUPID · price
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Cupid Limited announced the resignation of Mr. Saurabh V. Karmase as Company Secretary, Compliance Officer, and Nodal Officer, effective from May 15, 2026. The company stated he resigned to pursue an alternate career opportunity outside the organization. Simultaneously, Mr. Hardik Chandra, a qualified Company Secretary and Law graduate with 8 years of experience in corporate governance and listed company compliances, was appointed to the same positions effective May 16, 2026. The company also reported strong FY2026 financial results with revenue of Rs. 3,577 Crores and net profit of Rs. 1,082 Crores, nearly doubling from the previous year. Additionally, R. Thakkar & Associates was appointed as the new internal auditor for 3 financial years starting FY2026-27.
The resignation of the Company Secretary and Compliance Officer represents a mid-year change in key compliance personnel. While the company has immediately appointed a replacement with relevant experience, investors should monitor smooth transition of regulatory filings and compliance obligations. The underlying business performance remains strong with near-doubling of profits.