Shree Salasar Investments Ltd (503635)

Shree Salasar Investments Limited announced the resignation of Ms. Dashmeet Kaur from the post of Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) effective close of business hours on October 9, 2026. The resignation is attributed to pursuing other professional opportunities, with no other material reasons cited. This administrative departure does not directly impact the company's financial operations or TTM revenue of ₹120 crore.

• Resignation of Ms. Dashmeet Kaur (Membership No. A32909) as CS and Compliance Officer
• Cessation effective from close of business hours on October 9, 2026
• Reason stated: to pursue other professional opportunities with no other material reasons cited
• Filing made under Regulation 30 of SEBI LODR Regulations on October 9, 2026

Shree Salasar Investments announced shareholder approval from its AGM held on September 29, 2026, regularizing Mr. Sumesh Ashok Mishra as Non-Executive Independent Director for a 5-year term starting September 5, 2026. Additionally, Ms. Chetana Ramakant Dasare was re-appointed as Non-Executive Non-Independent Director liable to retire by rotation. The company also appointed M/s B. L. Dasharda & Associates as Statutory Auditors for a 5-year tenure spanning FY2026-27 to FY2030-31. Following the appointments, board committees including Audit and NRC were reconstituted to induct Mr. Mishra.

• Regularization of Mr. Sumesh Ashok Mishra as Independent Director for a 5-year term from September 5, 2026
• Re-appointment of Ms. Chetana Ramakant Dasare as Director liable to retire by rotation effective September 29, 2026
• Appointment of M/s B. L. Dasharda & Associates as Statutory Auditor for a 5-year period (FY27 to FY31)
• Audit Committee reconstituted with Ananda Bhattacharya as Chairman and Sumesh Mishra as Independent Member

Shree Salasar Investments announced shareholder approval from its AGM held on September 29, 2026, regularizing Mr. Sumesh Ashok Mishra as Non-Executive Independent Director for a 5-year term starting September 5, 2026. Additionally, Ms. Chetana Ramakant Dasare was re-appointed as Non-Executive Non-Independent Director liable to retire by rotation. The company also appointed M/s B. L. Dasharda & Associates as Statutory Auditors for a 5-year tenure spanning FY2026-27 to FY2030-31. Following the appointments, board committees including Audit and NRC were reconstituted to induct Mr. Mishra.

• Regularization of Mr. Sumesh Ashok Mishra as Independent Director for a 5-year term from September 5, 2026
• Re-appointment of Ms. Chetana Ramakant Dasare as Director liable to retire by rotation effective September 29, 2026
• Appointment of M/s B. L. Dasharda & Associates as Statutory Auditor for a 5-year period (FY27 to FY31)
• Audit Committee reconstituted with Ananda Bhattacharya as Chairman and Sumesh Mishra as Independent Member

Shree Salasar Investments Limited announced that shareholders approved the regularization of Mr. Sumesh Ashok Mishra as Non-Executive Independent Director for a 5-year term starting September 5, 2026. Ms. Chetana Ramakant Dasare was re-appointed as Non-Executive Non-Independent Director liable to retire by rotation at the AGM on September 29, 2026. Additionally, M/s B. L. Dasharda & Associates was appointed as Statutory Auditor for a 5-year tenure covering FY 2026-27 to FY 2030-2031. Board committees including Audit, NRC, and Stakeholder Relationship were reconstituted with Mr. Mishra joining as a member.

• Sumesh Ashok Mishra regularized as Non-Executive Independent Director for a 5-year term starting September 5, 2026
• Chetana Ramakant Dasare re-appointed as Non-Executive Non-Independent Director on September 29, 2026
• M/s B. L. Dasharda & Associates appointed as Statutory Auditor for a 5-year term from FY 2026-27 to FY 2030-2031
• Audit, NRC, and Stakeholder Relationship Committees reconstituted effective September 5, 2026

Shree Salasar Investments reported a consolidated revenue of ₹27.89 Cr for the quarter ended June 2026, maintaining a steady run rate compared to the previous quarter's ₹29.68 Cr. The consolidated net profit for the quarter stood at ₹5.68 Cr, slightly higher than the March 2026 profit of ₹5.07 Cr. A significant portion of the consolidated performance is driven by its subsidiaries, with three units contributing the entire ₹27.89 Cr revenue. However, investors should note that the financials for these three subsidiaries were management-certified and not independently reviewed by their respective auditors.

• Consolidated revenue for Q1 FY27 recorded at ₹27.89 Cr (₹2788.77 lakhs).
• Consolidated net profit for the quarter reached ₹5.68 Cr (₹568.48 lakhs).
• Three subsidiaries contributed 100% of the consolidated revenue and profit for the period.
• The Board meeting concluded within 30 minutes, starting at 3:30 PM and ending at 4:00 PM.
• The company operates through four key subsidiaries including Vinca Realtors and Hariyana Developers.

Shree Salasar Investments has scheduled a board meeting on August 14, 2026, to review and approve its unaudited financial results for the quarter ended June 30, 2026. The company is coming off a high-growth year where FY26 revenue reached ₹112 Cr compared to ₹45 Cr in FY25. Investors will be monitoring if the company can maintain its TTM operating margin of 26.9% and sustain the momentum that led to a 2299.9% price return over the last 12 months. The meeting will cover both standalone and consolidated financial statements.

• Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results
• Company reported a TTM revenue of ₹112 Cr as of March 2026
• Net profit for the preceding quarter (March 2026) stood at ₹5.07 Cr
• Promoter holding remains stable at 67.12% as of March 2026