Esquire Money Guarantees appoints Manoj Chander Pandey as CFO

Esquire Money Guarantees Limited has appointed Manoj Chander Pandey as its Chief Financial Officer (CFO) effective July 10, 2026, following the resignation of Peeyush Sethia. The Board of Directors approved the appointment during a meeting held on the same day, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. The company is listed on BSE Limited under the scrip code 512439.

Mr. Pandey holds a Bachelor of Science degree in Information Technology and possesses knowledge in technology and computer applications. He also serves as the Managing Director of the company. The disclosure confirmed that he does not hold any shares in Esquire Money Guarantees Limited.

Resignation of Former CFO

Mr. Peeyush Sethia tendered his resignation as CFO and Key Managerial Personnel effective from the business hours on July 10, 2026. In his resignation letter addressed to the Board, he cited personal reasons for his departure and requested that the necessary documents be filed with the Registrar of Companies to give effect to the resignation.

Board Meeting Details

The Board meeting commenced at 03:40 P.M. and concluded at 03:50 P.M. on July 10, 2026. The decisions were taken in compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Particulars	Details
New CFO	Manoj Chander Pandey
Date of Appointment	July 10, 2026
Qualification	Bachelor of Science (Information Technology)
Shares Held	Nil
Outgoing CFO	Peeyush Sethia
Date of Resignation	July 10, 2026

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Esquire Money Guarantees Limited held its Board of Directors meeting on May 18, 2026, wherein the audited standalone financial results for the quarter and financial year ended March 31, 2026 were considered and approved. The meeting commenced at 03:30 P.M. and concluded at 04:00 P.M. The statutory auditors, Rajesh U Shah & Associates, Chartered Accountants, issued an unmodified (unqualified) audit opinion on the standalone financial results.

Financial Performance Overview

The company's full-year performance was significantly impacted by exceptional items of ₹45.939 lakhs, which widened the net loss considerably compared to the previous year. The following table presents the key financial highlights for the quarter and year ended March 31, 2026:

Metric:	Q4 FY26 (Audited)	Q3 FY26 (Unaudited)	Q4 FY25 (Audited)	FY26 (Audited)	FY25 (Audited)
Total Income from Operations (₹ lakhs):	2.674	2.275	1.582	8.894	8.407
Employee Benefits Expense (₹ lakhs):	2.063	0.803	1.111	4.461	2.904
Other Expenses (₹ lakhs):	0.570	1.880	4.634	14.853	8.503
Total Expenses (₹ lakhs):	2.633	2.683	5.746	19.314	11.406
Profit/(Loss) from Operations (₹ lakhs):	0.041	(0.408)	(4.164)	(10.420)	(2.999)
Exceptional Items (₹ lakhs):	-	-	-	(45.939)	-
Profit/(Loss) Before Tax (₹ lakhs):	0.041	(0.408)	(4.164)	(56.360)	(2.999)
Tax Expense (₹ lakhs):	0.009	-	-	0.009	-
Net Profit/(Loss) (₹ lakhs):	0.032	(0.408)	(4.164)	(56.368)	(2.999)
Total Comprehensive Income (₹ lakhs):	0.032	(0.408)	(4.164)	(56.368)	(2.999)

On a quarterly basis, the company reported a marginal net profit of ₹0.032 lakhs for the quarter ended March 31, 2026, a notable turnaround from a net loss of ₹4.164 lakhs in the corresponding quarter of the previous year. Total income from operations for the quarter stood at ₹2.674 lakhs, compared to ₹1.582 lakhs in Q4 FY25. The full-year net loss of ₹56.368 lakhs was substantially higher than the ₹2.999 lakhs loss recorded in FY25, driven primarily by exceptional items of ₹45.939 lakhs during FY26.

Balance Sheet Highlights

The audited statements of assets and liabilities reflect a contraction in the company's total asset base. Key balance sheet figures as at March 31, 2026 are presented below:

Parameter:	As at 31-03-2026 (₹ lakhs)	As at 31-03-2025 (₹ lakhs)
Non-Current Investments:	323.19	397.79
Other Non-Current Assets:	0.89	0.88
Sub Total – Non-Current Assets:	324.08	398.67
Inventories:	2.00	2.00
Trade Receivables:	34.80	34.80
Cash and Cash Equivalents:	5.30	11.72
Other Current Assets:	55.17	50.10
Sub Total – Current Assets:	97.27	98.62
Total Assets:	421.35	497.29
Share Capital:	220.50	220.50
Reserves and Surplus:	197.97	254.34
Sub Total – Shareholders' Fund:	418.47	474.84
Other Current Liabilities:	2.87	22.45
Sub Total – Current Liabilities:	2.87	22.45
Total Equity and Liabilities:	421.35	497.29

Total assets declined to ₹421.35 lakhs from ₹497.29 lakhs in the previous year, largely on account of a reduction in non-current investments from ₹397.79 lakhs to ₹323.19 lakhs. Shareholders' funds stood at ₹418.47 lakhs as at March 31, 2026, compared to ₹474.84 lakhs a year earlier. The paid-up equity share capital remained unchanged at ₹220.50 lakhs (face value ₹10 per share).

Cash Flow Summary

The cash flow statement for the year ended March 31, 2026 highlights a significant outflow from operating activities, partially offset by inflows from investing activities.

Particulars:	FY26 (₹ lakhs)	FY25 (₹ lakhs)
Profit Before Tax:	(56.36)	(3.00)
Net Cash from Operating Activities:	(80.54)	0.47
Net Cash from Investing Activities:	74.12	6.53
Net Cash from Financing Activities:	-	-
Net Increase/(Decrease) in Cash & Equivalents:	(6.42)	7.00
Opening Cash & Cash Equivalents:	11.72	4.72
Closing Cash & Cash Equivalents:	5.29	11.72

Net cash used in operating activities was ₹80.54 lakhs for FY26, compared to a net inflow of ₹0.47 lakhs in FY25. Investing activities generated a net inflow of ₹74.12 lakhs, primarily from a decrease in investments of ₹74.00 lakhs and dividend income of ₹0.11 lakhs. As a result, closing cash and cash equivalents stood at ₹5.29 lakhs, down from ₹11.72 lakhs at the beginning of the year.

Auditor's Opinion and Regulatory Compliance

The statutory auditors, Rajesh U Shah & Associates (Firm Registration No. 327799E), issued an unmodified opinion on the standalone financial results, confirming that the results present a true and fair view in conformity with applicable accounting standards. The audit was conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013. Managing Director Manoj Chander Pandey (DIN: 05261183) issued a declaration under Regulation 33(3)(d) of SEBI (LODR) Regulations, 2015, confirming that the statutory auditors' report does not contain any qualifications, reservations, or adverse remarks.