Outcome of Board meeting held on 12th February, 2026
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TTI Enterprise's board approved its Q3 FY26 (quarter ended December 31, 2025) standalone unaudited results, which showed a sharp drop in revenue. Total income for the quarter fell to ₹0.72 lakh from ₹2.06 lakh a year earlier, while nine-month income plunged to ₹2.45 lakh from ₹14.53 lakh. Profit after tax for the quarter stood at ₹0.21 lakh (vs ₹0.36 lakh YoY), keeping EPS at ₹0.02. Statutory auditors M/s Mark & Co. issued an unmodified limited review report. Separately, CFO Nikhil Kombath and two Independent Directors (Hitenkumar Prajapati and Chirag Shah) resigned, with two new Independent Directors (Kushal Agrawal and Shashank Suhalka) appointed in their place. The board also approved reclassification of several promoter-group entities to the public category and a major amendment to the company's main objects to include food, retail, e-commerce, and jewellery businesses — signalling a planned diversification pivot.
Existing investors should note that the core investment-and-loan business is shrinking sharply, while the company is repositioning itself into food retail and jewellery — a meaningful strategy shift that carries both opportunity and execution risk. Multiple top-level exits (CFO plus two independent directors) in a single meeting could raise governance concerns, though fresh independent director appointments partially offset this.