Citurgia Biochemicals accepts resignation of CS Yatendra Kumar

1 min read     Updated on 24 Jul 2026, 02:06 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Citurgia Biochemicals Limited announced the acceptance of Yatendra Kumar's resignation as Company Secretary and Compliance Officer. Effective July 24, 2026, Kumar leaves to pursue external career opportunities. The Board will formally approve the resignation in its next meeting, citing Regulation 30 of SEBI LODR.

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Citurgia Biochemicals has accepted the resignation of Yatendra Kumar as Company Secretary and Compliance Officer, effective July 24, 2026. Kumar, who also served as a Key Managerial Personnel, tendered his resignation on July 24, 2026, to pursue career opportunities outside the organization. The change in leadership marks a transition for the compliance function, with the Board of Directors set to formally consider and accept the resignation during its upcoming meeting.

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Kashi Nath, Whole Time Director, confirming that Kumar’s services will cease at the close of business hours on July 24, 2026. The Board expressed appreciation for the valuable services rendered by Kumar during his tenure with the company.

Resignation Details

The following table outlines the key details regarding the cessation of employment:

Detail Information
Resigning Officer Yatendra Kumar (ACS-27994)
Designation Company Secretary & Compliance Officer
Reason Pursuing career opportunity outside the company
Effective Date July 24, 2026 (close of working hours)

As per regulatory requirements, the resignation letter will be placed before the Board of Directors for formal acceptance. The company has disclosed all necessary particulars under Annexure 1 of the LODR regulations, noting no relationships between directors or other appointment-related disclosures were applicable in this instance.

Has Citurgia Biochemicals identified an interim candidate or initiated a search for a new Company Secretary to ensure regulatory continuity?

Could the departure of the Compliance Officer signal broader internal governance changes or strategic shifts within the company's leadership team?

How might this leadership transition impact Citurgia Biochemicals' upcoming regulatory filings and compliance with SEBI Listing Obligations?

Citurgia Biochemicals reports widened net loss for FY26

1 min read     Updated on 09 Jun 2026, 02:47 PM
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AI Summary

Citurgia Biochemicals Limited reported a net loss of ₹74.25 lakh for FY26, widening from ₹42.31 lakh in FY25, with zero income from operations. The Board approved the audited results on May 30, 2026.

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Citurgia Biochemicals Limited reported a widened net loss for the financial year ended March 31, 2026, as the company recorded zero income from operations for the period. The net loss for the year stood at ₹74.25 lakh, an increase from the net loss of ₹42.31 lakh reported in the previous year ended March 31, 2025. For the quarter ended March 31, 2026, the company reported a net loss of ₹25.82 lakh, compared to a net loss of ₹11.93 lakh in the corresponding quarter of the previous year.

The company's equity share capital remained constant at ₹2,641.91 lakh across the reported periods. Earnings per share (EPS) for the year ended March 31, 2026, was reported at (0.000) on both a basic and diluted basis, consistent with the EPS reported for the financial year 2025. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 30, 2026.

Financial Performance Summary

The following table outlines the key financial figures for Citurgia Biochemicals Limited for the quarter and year ended March 31, 2026, and the corresponding periods in the previous year:

Particulars Quarter Ended 31.03.2026 (Audited) Quarter Ended 31.03.2025 (Audited) Year Ended 31.03.2026 (Audited) Year Ended 31.03.2025 (Audited)
Total Income from operations (net) - - - -
Net Profit/(Loss) for the period (Before Tax and after exceptional items) (25.82) (11.93) (74.25) (42.31)
Net Profit/(Loss) for the period after tax (after exceptional items) (25.82) (11.93) (74.25) (42.31)
Equity Share Capital 2641.91 2641.91 2641.91 2641.91
Earning per share (Basic) (0.000) (0.000) (0.000) (0.000)

Regulatory Disclosures

The audited financial results are an extract of the detailed format filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditor of the company has carried out the audit report of the financial results. The complete format of the quarterly financial results is available on the websites of the stock exchanges and the company's official website.

What strategic initiatives is Citurgia Biochemicals undertaking to resume income from operations?

How does the company plan to fund its ongoing expenses given the consecutive years of zero operational revenue?

Is there a projected timeline for the company to return to profitability and positive cash flow?

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