Golden Crest Education & Services Ltd has appointed Mr. Naresh Prasad Sah and Mr. Rajesh Gupta as directors to its Board, effective July 3, 2026. The appointments follow the resignations of Mrs. Bela Garg and Mr. Bhola Pandit, which were accepted by the Board on the same day. The company has also scheduled its 43rd Annual General Meeting (AGM) for August 24, 2026, to seek shareholder approval for the new appointments and other business.

Mr. Naresh Prasad Sah (DIN: 11780383) has been appointed as a Non-Executive Independent (Additional) Director for a term of five years, ending July 2, 2031, subject to shareholder approval. Mr. Rajesh Gupta (DIN: 07740827) has been appointed as a Non-Executive (Additional) Director, liable to retire by rotation, also subject to shareholder approval. The Board confirmed that neither appointee is debarred from holding the office of director by any SEBI order or other authority.

The Board accepted the resignations of Mrs. Bela Garg (DIN: 03422782), a Non-Executive Independent Director, and Mr. Bhola Pandit (DIN: 00780063), a Non-Executive Director, effective from the close of business hours on July 3, 2026. Consequently, the composition of the Board and its key committees has been reconstituted. Mr. Naresh Prasad Sah has been appointed Chairperson of the Audit Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee, and Risk Management Committee.

The 43rd AGM will be held on August 24, 2026, at 11:00 A.M. IST via Video Conferencing. The Register of Members and Share Transfer Books will remain closed from August 18, 2026, to August 24, 2026. The cut-off date for determining shareholder entitlement to vote is August 17, 2026. E-voting will commence on August 20, 2026, at 9:00 A.M. and conclude on August 23, 2026, at 5:00 P.M. Mr. Veenit Pal, Practicing Company Secretary, has been appointed as the scrutinizer for the e-voting process.

Golden Crest Education & Services Limited has announced its standalone audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The company reported a net profit of ₹12.10 lakh for the quarter, compared to ₹2.08 lakh in the corresponding period of the previous year. For the full fiscal year, the net profit stood at ₹17.51 lakh, an increase from ₹16.32 lakh in FY25.

Financial Performance

The company's revenue from operations for the year ended March 31, 2026, was ₹42.31 lakh, up from ₹33.05 lakh in the previous year. Total income from operations, which includes other income, rose to ₹48.03 lakh from ₹40.89 lakh in FY25. Other income for the year decreased to ₹5.72 lakh from ₹7.84 lakh in the prior year.

Total expenses for the year increased to ₹24.17 lakh from ₹18.70 lakh, driven by higher employee benefits expenses and other operational costs. The profit before tax for the year was ₹23.86 lakh, compared to ₹22.19 lakh in the previous year.

Quarterly Results

For the quarter ended March 31, 2026, income from operations was ₹16.00 lakh, a significant increase from ₹5.85 lakh in the same quarter of the previous year. Total income for the quarter stood at ₹17.44 lakh. The company managed its expenses effectively, keeping total expenses at ₹5.34 lakh for the quarter, resulting in a profit before tax of ₹12.10 lakh.

Balance Sheet and Cash Flow

As of March 31, 2026, the company's total assets stood at ₹1,102.45 lakh, compared to ₹1,082.57 lakh in the previous year. Total equity increased to ₹1,098.86 lakh from ₹1,081.35 lakh. The company reported no outstanding borrowings or defaults on loans and debt securities as of the reporting date.

The cash flow statement for the year showed a net decrease in cash and cash equivalents of ₹0.37 lakh. Cash generated from operations was ₹1.21 lakh, while net cash used in operating activities was ₹5.48 lakh after tax payments. Investing activities generated a net cash flow of ₹5.11 lakh.

Corporate Governance

The board of directors, in its meeting held on May 25, 2026, approved the audited financial results. The statutory auditors, M/s. Mohindra Arora & Co., issued an audit report with an unmodified opinion. Additionally, the board appointed M/s. Jain N K & Co. as the internal auditor for the fiscal year 2026-2027 pursuant to Section 138 of the Companies Act, 2013.