Grill Splendour Services CFO Aditya Airen resigns

Grill Splendour Services Limited announced the resignation of its Chief Financial Officer, Mr. Aditya Airen, effective from the close of business hours on June 05, 2026. The resignation was submitted due to pre-occupation and other personal commitments, as disclosed in a regulatory filing. The company confirmed that there are no other material reasons associated with this departure.

The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing detailed the cessation of the CFO's role and included the necessary annexures regarding the change in key managerial personnel.

Resignation Details

The following table outlines the particulars of the resignation as provided in the filing:

Sr. No.	Particulars	Details
1.	Reason for change	Pre-occupation and other personal commitments.
2.	Date of cessation	June 05, 2026
3.	Brief profile	Not Applicable
4.	Disclosure of relationship between Directors	Not Applicable

Mr. Airen served as the Chief Financial Officer and Key Managerial Personnel of the company. In his resignation letter, he expressed gratitude to the Board and colleagues for their support and guidance during his tenure. He wished the company continued success in its future endeavours.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-9.71%	-22.52%	-22.11%	-10.55%	-24.77%

Grill Splendour Services reported a widened net loss of ₹1,071.15 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹474.96 lakh in the previous year. The loss was impacted by exceptional items amounting to ₹487.12 lakh, primarily related to the write-off of furniture and vehicles and sundry balances. Revenue from operations for the year declined to ₹1,018.66 lakh from ₹1,025.86 lakh in FY25.

The Board of Directors approved the audited financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 29, 2026. M/s. Sen & Ray, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results. The company operates in a single business segment focused on restaurant and café services.

Financial Performance

Parameter	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Revenue from Operations	1,018.66	1,025.86
Total Income	1,022.86	1,031.26
Total Expenses	1,771.62	1,640.18
Profit/(Loss) before Tax	(1,235.88)	(608.92)
Net Profit/(Loss)	(1,071.15)	(474.96)
Basic EPS (₹)	(18.76)	(9.12)

Exceptional Items

The company recorded exceptional items totaling ₹487.12 lakh during the year. This included a furniture and vehicle write-off of ₹336.50 lakh and a sundry balance write-off (net) of ₹150.62 lakh. These adjustments significantly influenced the bottom line for the period.

Capital Allocation

During the year, the company allotted 6,50,000 equity shares following the conversion of warrants. The allotments occurred on November 10, 2025, February 3, 2026, and February 20, 2026, at a price of ₹64.2075 per share. The paid-up equity share capital increased to ₹630.82 lakh as of March 31, 2026, from ₹520.82 lakh in the previous year.

The company utilized proceeds from the preferential issue for business expansion, branding, loan repayment, and general corporate purposes. As of March 31, 2026, the total assets stood at ₹2,532.84 lakh, while cash and bank balances decreased to ₹32.63 lakh from ₹299.30 lakh in the prior year.