Resignation of Ms. Mallireddy Sushma Reddy as Company Secretary & Compliance Officer and Appointment of Ms. Naneru Greeshma Sandhya as Company Secretary & Compliance Officer.
SILLYMONKS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board meeting on May 30, 2026 approved multiple items including resignation of Ms. Mallireddy Sushma Sree as Company Secretary and Compliance Officer, and appointment of Ms. Naneru Greeshma Sandhya (an Associate Member of ICSI) as her replacement. The board also appointed Mr. Itikapati Madhusudana Reddy as CFO. Financially, the company reported significant losses for FY2026: standalone loss of Rs. 195.50 lakh (vs profit of Rs. 20.14 lakh in FY2025) on revenue of Rs. 561.63 lakh, and consolidated loss of Rs. 198.69 lakh on revenue of Rs. 2,307.82 lakh. The auditors issued unmodified opinions on the financial statements. Additionally, the company proposed changing its name from Silly Monks Entertainment Limited to Cresto Tech Limited and altering its objects, subject to shareholder approval at an EGM on June 29, 2026.
The KMP changes represent routine governance updates with immediate replacement ensuring compliance continuity. However, the substantial swing to loss (from profit last year) and proposed name change to Cresto Tech Limited suggest a potential strategic pivot that investors should monitor closely.