Considered and Approved the unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2025
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Vertex Securities' Board has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26). The statutory auditor, Deoki Bijay & Co., issued an unmodified limited review report, while noting that the prior year comparable quarter (Q1 FY25) had been reviewed by a different firm, SSKhan & Co. The Company operates in a single segment (share broking and related activities). Alongside the results, the Board approved several governance changes: re-appointment of the Secretarial Auditor for five years, appointment of a new Independent Director, naming Executive Director Meera Haridas as the new CFO, and appointing a new Company Secretary & Compliance Officer. The outgoing CFO George Mampillil is stepping down for health reasons and will continue as a Non-Executive Non-Independent Director.
For shareholders, the financial outcomes themselves are not visible in this filing (no revenue or profit figures are shown here), but the management reshuffle is significant — a CFO transition and a new Company Secretary at the same time means near-term execution risk. The change of statutory auditor between comparable quarters is also worth tracking, though the current auditor's review was clean.