BSEThirani Projects LtdHighNegative
Announced Fri, 29 May · 20:53 IST

Resignation of Mr. Yogesh Sharma from the post of Company Secretary cum Compliance Officer w.e.f. 29.05.2026

Kmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹4.18
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-0.7-1.9-4.3+0.5+2.6+4.8-1.9-11.5
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AI summary

The Board of Directors of Thirani Projects Ltd accepted the resignation of Mr. Yogesh Sharma from the position of Company Secretary cum Compliance Officer, effective from the close of business hours on May 29, 2026. The company stated he resigned to pursue other career opportunities. Concurrently, the board approved the audited financial results for FY 2025-26 showing revenue of Rs. 101.73 lakhs (up 19.3% from Rs. 85.24 lakhs), profit before tax of Rs. 65.80 lakhs (up 60.4% from Rs. 41.01 lakhs), and profit after tax of Rs. 51.42 lakhs. The company also appointed Mrs Dipika Naresh Dayma as Internal Auditor for FY 2026-27 and did not declare any dividend for the year.

Likely market impact

The resignation of the Company Secretary and Compliance Officer is a Key Managerial Personnel (KMP) departure that raises governance concerns, as the company must ensure compliance requirements are met without interruption. The positive financial performance (60% increase in profit before tax) is a counterbalancing factor, but investors should monitor for timely appointment of a replacement.