Outcome of the board meeting held on 13.08.2025 is being uploaded on Stock exchange
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The board of Lee & Nee Softwares met on August 13, 2025 and took three decisions. First, Mrs. Sumita Mahadevan (DIN: 11236590) was appointed as Additional Independent Director for a 5-year term, pending shareholder approval at the next AGM. Second, Mrs. Suman Murarka (DIN: 09023369) stepped down as Independent Director with effect from the same date. Third, the board approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025) along with the limited review report from statutory auditors N H Agarwal & Associates. On a standalone basis, total income rose to ₹273.86 lakhs from ₹244.48 lakhs in Q1 FY25, with profit after tax improving to ₹9.63 lakhs from ₹6.93 lakhs. Consolidated results showed total income of ₹285.64 lakhs and profit after tax of ₹8.15 lakhs, up from ₹4.92 lakhs a year ago. The company operates only in the IT-enabled services segment and has two subsidiaries: Lensel Web Services Pvt Ltd and Rituraj Shares Broking Pvt Ltd.
The quarterly numbers show modest year-on-year improvement in revenue and profit, indicating stable but slow growth. The single independent director change is routine board housekeeping and is unlikely to affect shareholders or the stock price materially.