Repro India Limited has informed the Exchange regarding Resignation of Ms Bhumika Batra as Independent Director of the company w.e.f. February 13, 2026.
REPRO · price
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Awaiting price reaction for this filing.
Repro India's board approved its unaudited Q3 FY26 results, with consolidated revenue from operations rising to Rs. 130.26 crores (from Rs. 125.94 crores a year ago) and a small profit after tax of Rs. 0.75 crores. For the nine months ended December 2025, the company swung to a consolidated loss after tax of Rs. 22.04 crores, largely due to a one-time Rs. 18.05 crore exceptional charge for employee settlement costs tied to a resolved long-standing industrial dispute at the Mahape plant. In a major capital decision, the board approved the sale of its non-operational Mahape property (14,093 sq. mtrs.) to STT Global Data Centres India for Rs. 282 crores, with the deal expected to close by April 30, 2026. Separately, Independent Director Ms. Bhumika Batra resigned effective February 13, 2026, citing personal reasons; the board confirmed it remains compliant with composition norms.
The Rs. 282 crore property sale is a sizeable cash event for a company with paid-up equity of just Rs. 14.34 crores, and could meaningfully strengthen the balance sheet and unlock value tied up in a non-operational legacy asset. Short-term stock reaction may be positive, though the 9-month loss from the one-time settlement charge and the loss of an experienced independent director may temper sentiment.