Outcome pertaining to Change in Management
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KJMC Corporate Advisors' board, at its August 13, 2025 meeting, approved unaudited Q1 FY26 results showing a strong turnaround — standalone net profit of ₹44.94 lakhs (vs a loss of ₹21.70 lakhs in Q4 FY25) and consolidated net profit of ₹70.82 lakhs (vs a loss of ₹42.66 lakhs in Q4 FY25), with standalone EPS of ₹1.14 and consolidated EPS of ₹1.80. The board appointed Mr. Sachin Sondkar as the new Chief Financial Officer and Mrs. Aditi Jain as Additional Non-Executive Non-Independent Director — she is the wife of Whole-time Director Mr. Girish Jain and sister-in-law of outgoing director Mrs. Shraddha Jain. Mrs. Shraddha Jain resigned as Non-Executive Director citing personal reasons. M/s Aabid & Co were appointed as Secretarial Auditors (5 years) and M/s Batliboi & Purohit were re-appointed as Statutory Auditors (5 years). Independent Director Mr. Vijay Joshi was re-appointed for a second 3-year term. The 27th AGM was fixed for September 29, 2025.
The promoter family board reshuffle — with Mrs. Shraddha Jain exiting and Mrs. Aditi Jain (wife of the Whole-time Director) entering — is a notable governance change and may attract shareholder attention. The strong sequential recovery in both standalone and consolidated profitability is a positive signal, though revenue and profits are uneven across quarters per management's own caution.