All changes disclosed in the outcome of the Board meeting held on Friday, February 13, 2026
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Ekansh Concepts reported a sharp deterioration in Q3 FY26 (Dec 31, 2025) results. Revenue from operations fell to ₹172 lakhs from ₹482 lakhs a year ago, a drop of about 64%. The company posted a consolidated net loss of ₹328 lakhs for the quarter, wider than the ₹204 lakh loss in Q3 FY25. For the nine-month period, revenue declined to ₹2,354 lakhs from ₹3,172 lakhs, and the company swung from a profit of ₹23 lakhs to a loss of ₹133 lakhs. The board approved the appointment of Mr. Brijmohan Agarwal as a new Non-Executive Independent Director for a five-year term, and accepted resignations of Whole Time Director Mr. Heeralal Agarwal and Independent Director Ms. Ekta Gupta, both citing personal reasons. The Audit, Nomination & Remuneration, and Stakeholders' Relationship Committees were also reconstituted.
Weaker-than-expected quarterly performance with a steep revenue fall and widening losses is likely negative for the stock. Simultaneous exit of the Whole Time Director and an Independent Director, while a new director joins, raises near-term governance and continuity concerns for shareholders.