The Board of Directors approved appointment of Ms. Vanshika Lunia (ACS73889) as a Company Secretary and Compliance Officer of the Company w.e.f. 01-02-2026
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Puretrop Fruits' Board approved its Q3 FY26 results showing revenue from operations at Rs 26.37 crore, up from Rs 19.78 crore a year ago, with a net profit of Rs 2.71 crore versus a Rs 1.69 crore loss in Q3 FY25. For the nine months ended December 2025, the company swung to a Rs 21.55 crore profit from Rs 13.34 crore in the prior year period, helped by discontinued operation gains from its earlier fresh fruit business sale. The Board approved appointing Ms. Dipti Motiani (daughter of Managing Director Ashok Motiani and Whole-time Director Nanita Motiani, and current Vice President since 2009) as CEO effective March 1, 2026, subject to shareholder approval. Company Secretary Ms. Preeti Jaiswar resigned effective January 31, 2026, with Ms. Vanshika Lunia taking over from February 1, 2026. The Board also approved a buyback of up to 11 lakh equity shares (17.42% of paid-up capital and free reserves) at Rs 200 per share for a total of up to Rs 22 crore through the tender offer route, with promoters indicating their intent to participate.
Strong return to profitability and a buyback at Rs 200 (significantly above the market price typically implied) are positive for shareholders, while the elevation of the promoter's daughter to CEO signals a clear family succession in leadership that investors should factor into governance considerations.