Intimation for Change in Management
Price
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Awaiting price reaction for this filing.
The company held a board meeting on February 4, 2026, and approved three key items. First, unaudited financial results for Q3 and nine months ended December 31, 2025, which were also reviewed by statutory auditors B. L. Dasharda & Associates. Second, the company appointed Ms. Reena Gavle as Chief Financial Officer and Company Secretary & Compliance Officer, with immediate effect, designating her as a Key Managerial Personnel (KMP). For Q3 FY26, the company swung to a loss of about ₹14.2 lakhs from a profit of ₹45.8 lakhs in the previous quarter, while nine-month profit stood at ₹44.3 lakhs. Revenue from operations for the nine months fell sharply to ₹40.5 lakhs from ₹118.1 lakhs in the same period last year. The company is registered as an NBFC with a net worth under ₹250 crores.
Shareholders should note the management restructuring with a combined CFO and Company Secretary appointment, which may consolidate finance and compliance functions. The Q3 return to loss and sharp revenue decline signal weak operating performance that could weigh on the stock sentiment despite the small size of absolute numbers.