Ghushine Fintrrade Ocean Ltd has appointed Samyak Alok Jain as its Chief Financial Officer (CFO), effective September 22, 2026. This move follows the resignation of Pavan Jain from the role due to personal commitments. The new appointment is for a five-year term and was approved by the Board of Directors at a meeting held on the same date.

Key Managerial Personnel Changes

The Board accepted the resignation of Pavan Jain as CFO with effect from the close of business hours on September 22, 2026. Simultaneously, Samyak Alok Jain was appointed as the new CFO under the category of Key Managerial Personnel. This decision was based on recommendations from both the Nomination & Remuneration Committee and the Audit Committee.

Samyak Alok Jain is approximately 22 years old and holds education in Management and Finance. He brings one year of experience in finance to the role. Notably, he is the son of Alok Bhopalsingh Jain, the Managing Director and CEO of the company. His responsibilities will encompass all matters related to accounts and finance.

Internal Auditor Appointment

In addition to the leadership change, the Board approved the appointment of M/s AADIL AIBADA & ASSOCIATES, Chartered Accountants, as the Internal Auditors for FY27. This appointment was made on the recommendation of the Audit Committee. The firm is described as an Assurance Tax, Regulatory and Business Advisory firm with expertise in audit, tax, risk advisory, and consulting.

Governance and Compliance

The board meeting commenced at 4:30 pm and concluded at 5:00 pm on September 22, 2026. The disclosures were made pursuant to Regulation 30 read with Regulation 33 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the detailed disclosure requirements for these changes.

Ghushine Fintrrade Ocean Ltd has submitted its annual report for the financial year ended March 31, 2026, to the Bombay Stock Exchange (BSE). The filing discloses a revenue increase of 24.8% to ₹563.96 lakh and a profit after tax of ₹1.44 lakh for FY26.

The company’s Board of Directors approved the dates for its Annual General Meeting (AGM) during a meeting held on August 31, 2026, at its registered office in Surat. The AGM is scheduled for September 26, 2026, with the record date set for September 19, 2026.

Financial Performance

Ghushine Fintrrade Ocean reported significant growth in operational income compared to the previous fiscal year. Revenue from operations rose to ₹563.96 lakh in FY26, up from ₹451.81 lakh in FY25. Total income, including other income of ₹24.65 lakh, stood at ₹588.62 lakh.

Profit after tax increased to ₹1.44 lakh from ₹0.34 lakh in the prior year. The surplus balance carried to the balance sheet was ₹15.20 lakh as of March 31, 2026.

Strategic Expansion and Corporate Actions

The Board noted that the company has altered its main object clause to enable business activities in construction of utility projects, electric power generation using solar energy, agricultural produce, and cold storage facilities. This change was approved via special resolution through remote e-voting on March 10, 2026.

Additionally, the authorized share capital was increased from ₹10 crore to ₹32 crore during the same period. The company also appointed M/s A R G S & Associates as statutory auditors to fill a casual vacancy caused by the resignation of erstwhile auditors M/s APMM & Co., effective February 3, 2026.

Key Dates

The company has established specific dates for shareholder eligibility and record keeping surrounding the AGM.

The AGM will commence at 10 am at the company's registered office. The book closure period covers both days inclusive, from September 20 to September 26, 2026.