Appointment of M/s. VVS and Associates, Company Secretaries in Practice (FCS No.9012 & COP No. 10499 and Peer Review No. 1476/2021) as the secretarial auditors of theCompany, for a term of five consecutive financial years commencing from April 01, 2026till March 31, 2031, subject to approval of the shareholders of the Company.
INDIQUBE · price
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Indiqube Spaces Limited held a Board meeting on May 20, 2026, where several key business decisions were approved. The Company reported audited standalone financial results for FY 2025-26, posting a net loss of Rs. 1,063.42 million compared to a loss of Rs. 1,396.17 million in the previous year, indicating an improvement in losses. Total income stood at Rs. 15,275.19 million, up from Rs. 11,029.31 million in FY 2024-25. The Board also approved the appointment of Mr. Bhasker Dubey as the new Company Secretary and Compliance Officer, effective May 20, 2026. Additionally, M/s. VVS and Associates were appointed as Secretarial Auditors for a five-year term from April 2026 to March 2031, subject to shareholder approval. Singhvi Devi and Unni LLP were reappointed as Internal Auditors for FY 2026-27. The Board also decided to seek shareholder approval via postal ballot for variation in the utilization of IPO proceeds and other corporate matters.
The appointment of a new Company Secretary strengthens the compliance function post-IPO. The continued improvement in financial performance, with losses narrowing significantly, is a positive signal for investors. Shareholder approval being sought for IPO fund reallocation and secretarial auditor appointment is a standard governance process.