Eureka Forbes Limited has informed the Exchange regarding Cessation of Ms Pragya Kaul as Company Secretary & Compliance Officer of the company w.e.f. August 29, 2025.
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On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.2 pts more than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Eureka Forbes reported its Q1 FY26 (quarter ended June 30, 2025) results. Standalone revenue from operations rose to ₹60,774 lakhs from ₹55,281 lakhs a year earlier, a growth of about 10%. Standalone profit after tax grew to ₹3,852 lakhs (from ₹3,104 lakhs), with EPS at ₹1.98 versus ₹1.60 in Q1 FY25. Consolidated revenue was ₹60,787 lakhs and profit after tax was ₹3,870 lakhs. The board also accepted the resignation of Ms. Pragya Kaul as Company Secretary and Compliance Officer, effective August 29, 2025, as she is moving to an external opportunity. Separately, Mr. Satish Satyarthi, Chief Innovation and R&D Officer, will also step down effective September 28, 2025 for personal reasons, and CTO Mr. Suresh Redhu will take over the Innovation and R&D portfolio in addition.
Results show healthy double-digit profit growth on the back of steady revenue gains, which is positive for shareholders. The loss of the Company Secretary is a routine KMP change with a clear successor plan still to be named, and the R&D leadership transition is being managed internally, so near-term impact on operations should be limited.