We hereby inform the stakeholders that Mr. Arun Shantaram Karangutkar (DIN:10442325) as the Whole Time Director of the Company on recommendation of nomination and remuneration committee, ....
Awaiting price reaction for this filing.
The board of Jyotirgamya Enterprises met on November 14, 2025 and approved the unaudited standalone financial results for the quarter and half year ended September 30, 2025, along with the auditor's limited review report from Amit Agarwal & Co. The company reported very weak operating numbers with total income of just Rs 0.73 lacs in Q2 and a loss of Rs 0.19 lacs for the quarter (Rs 0.46 lacs loss for the half year). The board also appointed Mr. Arun Shantaram Karangutkar (DIN: 10442325), who has a marketing background, as Whole Time Director for a 5-year term, subject to shareholder approval. Cash balance improved to Rs 18.89 lacs from Rs 2.83 lacs, largely due to fresh borrowings of Rs 17.01 lacs.
The appointment of a new WTD could indicate an effort to strengthen operations, but the near-zero revenue and continued losses suggest the business remains in a struggling phase. Shareholders should note the added debt and watch for shareholder approval of the director appointment at the next AGM.