Digicontent Limited has informed the Exchange regarding Resignation of Ms. Manu Chaudhary as Company Secretary & Compliance Officer of the company w.e.f. May 31, 2026.
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Digicontent Limited announced the resignation of Ms. Manu Chaudhary as Company Secretary and Compliance Officer (Key Managerial Personnel) effective close of working hours on May 31, 2026. She cited personal reasons in her resignation letter dated May 11, 2026. The Board immediately appointed Mr. Shubham Jain as her replacement effective June 1, 2026. The same Board meeting also approved audited financial results for FY26, where consolidated revenue grew 10% to ₹48,873 lakhs, but profit before tax dropped significantly to ₹505 lakhs from ₹3,738 lakhs in FY25 due to a ₹1,589 lakh exceptional charge related to new labour code implementation. Additionally, the Board re-appointed Mr. Lloyd Mathias as Independent Director for another 5-year term from December 2026.
The resignation and immediate replacement of the Company Secretary represents routine governance transition with minimal direct shareholder impact. However, the sharp decline in profitability (down 86% YoY) despite revenue growth may raise concerns among investors about cost management and operational efficiency.