ABM Knowledgeware Limited has announced the cessation of Dr. Sumit Dutta Chowdhury (DIN: 02117586) as Non-Executive Independent Director with effect from the close of business hours on March 27, 2026. The departure follows completion of his second consecutive term of five years as an Independent Director.

Regulatory Compliance and Board Appreciation

The company has informed BSE Limited about this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors has placed on record its sincere appreciation for Dr. Chowdhury's valuable contributions and guidance during his tenure with the company.

Board Reconstitution

Following Dr. Chowdhury's cessation, his membership and chairmanship in various Board committees have also ended, prompting a comprehensive reconstitution of the Board and its committees. The reconstituted Board of Directors now comprises six members led by Mr. Prakash Baburao Rane as Executive Director and Managing Director in the Chairman role.

Current Board Composition

Committee Restructuring

The company has reconstituted its key committees with new leadership structures. Mr. Ashokkumar Vitthal Dugade has assumed chairmanship of both the Audit Committee and Nomination and Remuneration Committee, while Mrs. Supriya Prakash Rane leads the Corporate Social Responsibility Committee as Chairperson.

Key Committee Leadership

• Audit Committee: Chaired by Mr. Ashokkumar Vitthal Dugade with Mr. Devendra Kamlakar Parulekar and Mr. Sharadchandra Damodar Abhyankar as members
• Nomination and Remuneration Committee: Led by Mr. Ashokkumar Vitthal Dugade with identical membership structure
• Corporate Social Responsibility Committee: Headed by Mrs. Supriya Prakash Rane with Mr. Sharadchandra Damodar Abhyankar and Mr. Ashokkumar Vitthal Dugade as members

The communication was signed by Company Secretary and Compliance Officer Sarika Ghanekar, confirming that all relevant information has been made available on the company's website and submitted to the stock exchange for record purposes.

ABM Knowledgeware Limited has released its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on January 30, 2026, following a limited review by statutory auditors A P Sanzgiri & Co.

Q3 FY26 Financial Performance

The company demonstrated mixed performance during the third quarter of FY26, with revenue growth offset by significant profit decline. Consolidated revenue reached ₹307 crores compared to ₹282 crores in the corresponding previous quarter, while net profit dropped substantially to ₹31 crores from ₹61 crores year-on-year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, ABM Knowledgeware maintained revenue growth momentum while experiencing profit compression across all key metrics.

Expense Structure and Operational Metrics

The company's expense profile showed significant variations across categories, contributing to profit margin compression. Employee benefits expenses increased to ₹1,468.44 lakhs in Q3 FY26 from ₹1,269.27 lakhs in Q3 FY25. Operating expenses rose substantially to ₹820.90 lakhs compared to ₹440.69 lakhs in the corresponding previous quarter.

Subsidiary and Associate Performance

The consolidated results include performance from subsidiary Instasafe Technologies Private Limited and associate ScanIt Technologies Inc. The subsidiary contributed revenue of ₹503.63 lakhs and net profit of ₹153.77 lakhs for Q3 FY26. The associate company recorded a loss, with ABM Knowledgeware's share of loss being ₹83.59 lakhs for the quarter.

Standalone vs Consolidated Results

On a standalone basis, ABM Knowledgeware reported revenue from operations of ₹2,570.28 lakhs for Q3 FY26 versus ₹2,150.48 lakhs in Q3 FY25. Standalone net profit reached ₹243.20 lakhs compared to ₹372.12 lakhs in the previous year quarter.