BSEDecillion Finance LtdHighNegative
Announced Fri, 29 May · 20:14 IST

The Board took note of the resignation tendered by Mrs. Shruti Poddar and her resignation shall be from the close of working hours of w.e.f. 30.05.2026

Kmp ResignedManagement Changes View source PDF

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AI summary

Decillion Finance's Board meeting on 29th May 2026 approved the audited financial results for FY 2025-26, showing a net loss of Rs. 3.33 lakhs compared to a profit of Rs. 6.60 lakhs in the previous year. Total revenue stood at Rs. 104.81 lakhs with an unqualified audit opinion from TDK & Co. Mrs. Shruti Poddar resigned as Company Secretary and Compliance Officer (KMP) effective 30th May 2026 due to unavoidable circumstances. The Board appointed Ms. Sonia Ghosh as CFO (KMP) effective 29th May 2026 and Mr. Yogesh Sharma as Company Secretary & Compliance Officer (KMP) effective 1st June 2026. Cash reserves dropped significantly from Rs. 52.13 lakhs to Rs. 0.26 lakhs while borrowings increased from Rs. 84.58 lakhs to Rs. 138.36 lakhs.

Likely market impact

The company swung to a loss in FY 2025-26 with deteriorating cash position and increased debt, which may concern investors. The quick replacement of the Company Secretary after her resignation and appointment of a new CFO suggests continuity but the reasons for the resignation remain undisclosed.