Manaksia Limited has informed the Exchange regarding Cessation of Mr ANATHA BANDHABA CHAKRABARTTY as Company Secretary & Compliance Officer of the company w.e.f. May 28, 2025.
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Manaksia Limited informed the exchanges that Mr. Anatha Bandhaba Chakrabartty has stepped down as Company Secretary & Compliance Officer effective May 28, 2025, citing a career opportunity outside the organization. The board simultaneously approved the appointment of Mr. Deb Dip Chowdhury as the new Company Secretary & Compliance Officer effective May 29, 2025. The same board meeting also approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditors issuing an unmodified opinion. On a standalone basis, FY25 revenue rose to ₹73,104.83 lakhs from ₹70,153.89 lakhs, but profit after tax declined to ₹5,812.38 lakhs (from ₹7,870.01 lakhs), with EPS at ₹8.54 versus ₹11.54. The board also re-appointed Agrawal Tondon & Co. as Internal Auditor for FY26 and approved shifting the registered office to the 2nd Floor of the same Turner Morrison Building in Kolkata effective June 2, 2025.
The Company Secretary exit is routine and a replacement has been named immediately, so no material governance concern. However, shareholders should note the significant drop in standalone and consolidated profits in FY25, partly due to exceptional foreign exchange losses from Nigerian currency devaluation, which is a key risk to monitor.