1) Appointment of Mr. Kavya Arora and Ms. Ketki Gupta as Managing Director and Joint Managing Director respectively subject to approval of Shareholders .
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Hampton Sky Realty Ltd's board, at its meeting on August 14, 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). The company reported a standalone net loss of about Rs 205.81 lakhs (vs Rs 27.05 lakhs loss in Q1 FY25) and a consolidated net loss of about Rs 224.60 lakhs (vs Rs 30.86 lakhs loss in Q1 FY25), with EPS of Rs (0.14) standalone and Rs (0.15) consolidated. The board elevated Mr. Kavya Arora (son of promoter Sanjeev Arora) from Whole Time Director to Managing Director for 3 years, and appointed Ms. Ketki Gupta (daughter of Sanjeev Arora, sister of Kavya) as Joint Managing Director for 3 years, both subject to shareholder approval. The board also recommended M/s HDSG & Associates as the new statutory auditor for a 5-year term (from the 38th AGM to 43rd AGM in 2030), replacing M/s Khandelwal Jain & Co. whose term ends at the upcoming AGM.
Leadership is transitioning to the next generation of the promoter family after former CMD Sanjeev Arora stepped down (effective August 3, 2025) to take up a Cabinet Minister role. While the family-led succession brings continuity, the sharp year-on-year widening of quarterly losses and the change of statutory auditor are points investors should watch closely.