Resignation of Company Secretary & Compliance Officer of the Company
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Awaiting price reaction for this filing.
SK Minerals & Additives Ltd informed BSE about its board meeting held on November 1, 2025, where it approved unaudited financial results for the half-year ended September 30, 2025. Revenue from operations rose to ₹11,015.26 lakhs (H1 FY26) from ₹10,124.41 lakhs (H1 FY25), an 8.8% increase. Profit after tax jumped 55.6% to ₹701.82 lakhs versus ₹450.94 lakhs earlier, with basic EPS at ₹7.79 (vs ₹5.01). The board also accepted the resignation of Ms. Divya as Company Secretary & Compliance Officer due to personal/professional reasons, effective end of business on November 1, 2025, and simultaneously appointed Ms. Priyanka Arora (3 years post-qualification experience) in her place. Mr. Vijay Bansal was appointed as Chief Operating Officer with the same effective date. The board reviewed utilisation of IPO proceeds (₹4,114.80 lakhs raised on October 14, 2025 and listed on BSE SME on October 17, 2025), confirming ₹3,100 lakhs used for working capital, ₹504.91 lakhs for plant & machinery, and ₹269.89 lakhs for general corporate purposes, with ₹774.80 lakhs temporarily parked in mutual funds.
The CS resignation is routine — citing personal reasons — with an immediate replacement already named, so no governance red flag. The strong double-digit profit growth (PAT +55.6%) in the first post-IPO results is a positive signal for the recently listed SME stock.