Naga Dhunseri Group Limited has informed the Exchange regarding Appointment of Mr Hari Prasad Bhuwania (H.P Bhuwania) as Chief Executive Officer of the company w.e.f. March 01, 2026.
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The board of Naga Dhunseri Group, on February 12, 2026, approved unaudited financial results for Q3 and nine months ended December 31, 2025. On a standalone basis, the company posted a loss after tax of Rs 334.01 lakhs in Q3 FY26 versus a profit of Rs 41.72 lakhs in Q3 FY25, with nine-month loss of Rs 232.36 lakhs versus a profit of Rs 801.79 lakhs last year, hurt by negative fair value changes on investments. On a consolidated basis, nine-month profit after tax fell to Rs 3,005.85 lakhs from Rs 3,985.47 lakhs, with the tea segment under pressure. The board also noted the resignation of CFO Mr. Ayush Beriwala effective March 31, 2026 for personal reasons, appointed Mr. Sudarshan Mall as the new CFO effective mid-April 2026, and re-appointed Mr. H.P. Bhuwania as CEO and KMP for another year from March 1, 2026 to March 31, 2027.
Shareholders should note the sharp swing to a standalone loss driven by mark-to-market losses on investments, even as consolidated operations remained profitable. The CFO transition is a key managerial change, though continuity at the CEO level provides some stability. Stock may see short-term pressure given weak standalone numbers, but the change is largely personnel housekeeping with no negative governance flags.