Resignation of Company Secretary
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dhanlaxmi Fabrics announced that Ms. Shivanshi Mishra has resigned from the position of Company Secretary and Compliance Officer, effective close of business hours on May 30, 2025, citing better prospects. The same board meeting approved the audited standalone and consolidated financial results for FY25, with auditors RHAD & Co. issuing an unmodified opinion. Standalone revenue from operations fell sharply to Rs. 928.39 lakhs from Rs. 1,659.34 lakhs in FY24, driven by the permanent and complete closure of the textile processing unit at Dombivali. The company reported a marginal standalone profit after tax of Rs. 8.75 lakhs for FY25 (vs. a loss of Rs. 698.16 lakhs in FY24), but this was largely supported by exceptional items of Rs. 446.77 lakhs including profit on sale of fixed assets.
The Company Secretary's exit is a routine KMP change and unlikely to move the stock on its own, but the underlying business remains weak — core operations posted a loss before exceptional items of Rs. 373.83 lakhs and revenue nearly halved after shutting a processing unit, so shareholders should monitor whether a replacement CS is appointed quickly and whether the turnaround plan materialises.