Indiqube Spaces Limited has informed the Exchange regarding Appointment of Mr. Bhasker Dubey as Company Secretary & Compliance Officer of the company w.e.f. May 20, 2026.
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Indiqube Spaces Limited announced the appointment of Mr. Bhasker Dubey as Company Secretary and Compliance Officer effective May 20, 2026. He is a qualified Company Secretary with over a decade of experience in corporate laws and securities regulations. The board also approved appointment of M/s. VVS and Associates as Secretarial Auditors for 5 years and re-appointed Singhvi Devi and Unni LLP as Internal Auditors for FY2026-27. Financially, the company reported revenue of Rs. 14,508.12 million for FY2026, up 37% from Rs. 10,592.86 million in FY2025. However, the loss after tax improved to Rs. 1,063.42 million from Rs. 1,396.17 million in the previous year. The company also sought shareholder approval for variation in IPO proceeds utilization, with Rs. 3,738.21 million still unutilized from the Rs. 6,044.59 million raised during its July 2025 listing.
The appointment of a new Company Secretary and Compliance Officer strengthens the company's governance structure post-IPO. The narrowing losses despite higher revenue indicate improving operational efficiency, though the company remains in a loss-making position typical for growth-stage coworking operators.