The Board of Directors at its meeting held on 14th August, 2025, approved the resignation along with the resignation letter of Mr. Amit Paul as the Director of the company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At its 14th August 2025 meeting, the Board accepted the resignations of Mr. Samir Biswas as Managing Director and Mr. Amit Paul as Executive Director, both effective end of working hours on 14th August 2025. To fill these positions, the Board appointed Mr. Rajib Singh as the new Managing Director and Mr. Dipak Kumar Das as Executive Director, each for a five-year term subject to shareholder approval. The Board also approved Q1 FY26 standalone results showing revenue from operations of ₹7.16 lakhs (up from ₹5.76 lakhs in Q1 FY25) and a net profit of ₹1.71 lakhs (up from ₹1.43 lakhs), and scheduled the 29th AGM for 15th September 2025.
Two key managerial personnel have exited simultaneously, which may raise governance concerns, though both roles have been filled immediately with new appointees. The Q1 results show modest improvement in revenue and profitability, but the overall scale remains small, keeping this a low-cap stock sensitive to leadership stability.