Appointment of Mr. Rakesh Vishnoi (ACS: 59123) as the whole-time company secretary of the company and designate him as the compliance officer of the company.
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Deep Diamond India Limited's Board, which met on August 13, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations stood at Rs. 15.00 lakhs, sharply lower than Rs. 50.91 lakhs in Q1 FY25, while standalone profit after tax fell to Rs. 6.37 lakhs from Rs. 28.62 lakhs a year ago. The Board also appointed Mr. Rakesh Vishnoi (ACS: 59123) as the whole-time Company Secretary and Compliance Officer effective August 13, 2025. The Company continues to operate in two segments — Jewellery and Pharmaceuticals — and the results carry a limited review report from the statutory auditor without any qualifications.
For shareholders, the quarter shows a significant year-on-year decline in both revenue and profitability, which may weigh on short-term sentiment. The new Company Secretary appointment is a routine compliance-related change and is unlikely to have any material impact on the stock price.