Befound Movement Limited has announced the cessation of Ms. Neha Vijaykumar Badlani as Non-Executive Independent Director, effective from the close of business hours on March 22, 2026. The departure follows the natural completion of her directorial term as per the original appointment conditions.

Director Cessation Details

The company formally notified BSE Limited about Ms. Badlani's departure through a regulatory filing dated March 23, 2026. Her cessation marks the end of her tenure as an independent director, during which she played a significant role in the company's governance structure.

Committee Responsibilities

Ms. Badlani held memberships across multiple key board committees during her tenure. Her responsibilities encompassed critical governance and oversight functions within the organization.

Committee Memberships:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholder Relationship Committee

Regulatory Compliance

The cessation has been conducted in full accordance with applicable regulatory frameworks. The company confirmed compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Befound Movement Limited has indicated that all board committees will undergo reconstitution following Ms. Badlani's departure. The company provided comprehensive details as required under Regulation 30 of SEBI (LODR) 2015, ensuring complete transparency in the directorial change process.

Corporate Structure Impact

The departure represents a planned transition within the company's board structure. Managing Director Rajesh Kapoor, with DIN 02757121, signed the formal notification to BSE, emphasizing the systematic approach to the directorial change.

The company, formerly known as Regency Trust Limited, maintains its registered office in Kolkata and continues its operations under the current corporate structure. The reconstitution of committees will ensure continued governance oversight and regulatory compliance.

Befound Movement Limited (formerly known as Regency Trust Limited) has announced its unaudited financial results for the third quarter ended December 31, 2025, demonstrating a significant improvement in operational performance. The Board of Directors approved these results during their meeting held on February 12, 2026, which commenced at 04:00 P.M. and concluded at 05:00 P.M.

Quarterly Financial Performance

The company achieved a remarkable turnaround in Q3FY26, reporting strong financial metrics across key parameters. The quarterly results show substantial improvement in both revenue generation and profitability compared to the corresponding period in the previous year.

Nine-Month Performance Analysis

The year-to-date performance for the nine months ended December 31, 2025, reflects the company's sustained improvement trajectory. Revenue from operations reached ₹165.00 lakhs compared to ₹20.00 lakhs in the corresponding nine-month period of the previous year, representing a substantial growth of 725%.

Expense Structure and Cost Management

The company's expense breakdown reveals strategic cost management despite increased business activity. Employee benefits expense decreased to ₹5.19 lakhs in Q3FY26 from ₹5.73 lakhs in Q3FY25. Other expenses increased to ₹22.28 lakhs from ₹6.50 lakhs year-on-year, primarily reflecting higher business activity levels. Finance costs remained minimal at zero compared to ₹0.01 lakhs in the previous year quarter.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company has engaged L K Ajmera & Associates as independent auditors for the review of these unaudited quarterly results. Pursuant to the SEBI (PIT) Regulations, 2015, the trading window for designated persons will reopen from February 15, 2026, following the announcement of these results. The extract of the unaudited standalone results will be published in newspapers in compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015.

Business Outlook

The company operates as a single-segment business, with segment-wise reporting not applicable to its operations. The results demonstrate the management's effective execution of business strategies, resulting in substantial revenue growth and successful transition from losses to profitability across both quarterly and nine-month periods. The company is registered under CIN L27109WB1988PLC045119 and operates from its registered office in Kolkata.