Ekansh concepts Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key leadership transition for the Mumbai-based company. The resignation was formally communicated to BSE Limited on March 27, 2026, in compliance with regulatory disclosure requirements.

Leadership Departure Details

Mr. Hanuman Govind Patel has resigned from his position as Company Secretary & Compliance Officer of Ekansh Concepts Limited, with the resignation taking effect from the close of business hours on March 26, 2026. The announcement was made through a formal disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Communication

In his resignation letter dated March 26, 2026, Mr. Patel expressed gratitude to the company's management for the opportunity to serve in his role. He specifically mentioned that his decision to step down was due to personal commitments and confirmed that there were no other material reasons for his departure from the position.

The resignation letter highlighted that his tenure as Company Secretary & Compliance Officer had been "a most enriching experience" and thanked the Board of Directors for their continuous support and guidance during his association with the company.

Company Response

The Board of Directors and Management of Ekansh Concepts Limited formally acknowledged Mr. Patel's resignation and placed on record their sincere appreciation for his valuable contributions, guidance, and services rendered during his tenure with the company. The company expressed gratitude for his professional service and wished him success in his future endeavors.

Regulatory Compliance

The disclosure was made in accordance with multiple SEBI circulars, including SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI/HO/CFD/CFDPoD-2/CIR/P/2024/185 dated December 31, 2024. The company provided comprehensive details as required under the regulatory framework, ensuring full transparency regarding the leadership change.

Ekansh Concepts Limited, formerly known as Paramone Concepts Limited, is headquartered at Sumer Plaza in Andheri East, Mumbai, and continues its operations following this management transition.

Ekansh Concepts Limited has reported challenging financial performance for the third quarter ended December 31, 2025, alongside significant board restructuring activities. The Mumbai-based consulting and outsourcing company disclosed its unaudited financial results and key corporate governance changes in a comprehensive board meeting outcome.

Financial Performance Overview

The company's standalone financial results for Q3 FY26 revealed deteriorating performance across key metrics. Total income dropped significantly to ₹240.86 lakhs compared to ₹546.25 lakhs in the corresponding quarter of the previous year, representing a substantial decline.

The company's operational costs decreased to ₹93.35 lakhs from ₹209.32 lakhs year-on-year, while employee benefit expenses declined to ₹317.58 lakhs from ₹387.03 lakhs. However, finance costs increased substantially to ₹130.32 lakhs from ₹91.91 lakhs in the previous year.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company reported a net loss of ₹121.87 lakhs compared to a profit of ₹22.06 lakhs in the corresponding period of the previous year. Total income for the nine-month period stood at ₹2,515.65 lakhs against ₹3,808.47 lakhs in the previous year.

Board Restructuring and Leadership Changes

The board meeting on February 13, 2026, witnessed significant leadership transitions. The company appointed Mr. Brijmohan Agarwal as Additional Director (Non-Executive Independent) for a term of up to 5 consecutive years, subject to shareholder approval.

Mr. Brijmohan Agarwal brings extensive experience as a Fellow Chartered Accountant with over 35 years of professional practice since 1981. He has been a Partner at Borkar & Muzumdar, Chartered Accountants, Mumbai since 1987, specializing in domestic and international taxation, transfer pricing, and statutory audits.

Key Resignations

The company accepted resignations from two board members effective February 13, 2026. Mr. Heeralal Agarwal resigned from his position as Whole Time Director, citing personal commitments as the reason for his departure. Ms. Ekta Gupta stepped down as Independent Director due to preoccupation and other professional commitments.

Committee Reconstitution

Following the board changes, the company approved the reconstitution of three key committees: the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee. These changes ensure continued compliance with corporate governance requirements under SEBI regulations.

Regulatory Compliance Update

The company submitted a revised corporate announcement on February 16, 2026, to ensure complete compliance with SEBI regulations. The revision included additional details required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, particularly regarding the names of listed entities where the resigning Independent Director holds directorships. The company confirmed that Ms. Ekta Gupta holds no directorships in other listed companies.

Earnings Per Share Impact

The financial performance translated to a basic and diluted loss per share of ₹2.11 for Q3 FY26, compared to a loss of ₹1.35 per share in Q3 FY25. For the nine-month period, the loss per share stood at ₹0.81 compared to earnings of ₹0.15 per share in the previous year.