BSETusaldah LtdMediumNeutral
Announced Thu, 12 Feb · 19:45 IST

Appointment of Ms. Gazal Inani as Company Secretyary and Compliance Officer of the Company w.e.f 12 February,2026

Management Changes View source PDF

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AI summary

Tusaldah Ltd (formerly High Street Filatex Ltd) held a board meeting on 12 February 2026 and approved two items: (1) unaudited standalone financial results for Q3 and nine months ended 31 December 2025, and (2) appointment of Ms. Gazal Inani as Company Secretary and Compliance Officer with effect from 12 February 2026. For Q3 FY26, the company reported total income of Rs. 12.72 lakhs and a loss after tax of Rs. 18.10 lakhs, compared to a loss of Rs. 3.22 lakhs in Q3 FY25. For the nine-month period, total income stood at Rs. 39.47 lakhs and loss after tax widened sharply to Rs. 43.97 lakhs versus Rs. 10.39 lakhs in the same period last year. Earnings per share for nine months was negative Rs. 1.88. The auditor (N.D. Kapur & Co.) issued an unmodified review report. Segment results show the company is now primarily in commodity trading, having exited its earlier socks manufacturing business.

Likely market impact

This is a routine compliance-cum-results announcement; the CS appointment has no direct stock price impact. However, the financial performance is weak, with revenues shrinking sharply and losses deepening compared to the prior year, which is a negative signal for shareholders. Investors should note the deteriorating operating performance.