Appointment of Ms. Navya Ravi Pachimatla (Membership No. A79773), as the Company Secretary and Compliance Officer of the Company with effect from 26th May, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Frontier Capital Limited held its Board meeting on 26th May 2026 and approved two key items: (1) Appointment of Ms. Navya Ravi Pachimatla (A79773) as Company Secretary and Compliance Officer under Section 203 of Companies Act, 2013, effective immediately. She is a Member of ICSI with 2+ years experience and holds no shares in the company. (2) Audited FY2026 results showed Total Revenue from Operations grew to ₹63.97 Lakhs (up from ₹54.03 Lakhs), but Net Profit fell sharply to ₹4.78 Lakhs (from ₹29.63 Lakhs) due to significantly higher tax expense of ₹8.87 Lakhs (vs ₹0.37 Lakhs). EPS declined to ₹0.03 per share. The Balance Sheet shows Total Assets of ₹326.44 Lakhs with Total Equity of ₹279.85 Lakhs. Cash position improved to ₹17.66 Lakhs from ₹5.62 Lakhs. The company also disclosed a ₹28.47 Lakhs unsecured loan to parent company Inimitable Capital Finance Pvt. Ltd.
The appointment of a new Company Secretary fills a mandatory KMP position required under SEBI regulations, ensuring compliance continuity. However, the sharp decline in profitability despite higher revenue, coupled with a massive tax charge, raises concerns about earnings quality. The significant negative 'Other Equity' of ₹-1,396.36 Lakhs against positive share capital of ₹1,676.22 Lakhs indicates accumulated losses that shareholders should monitor closely.