Gujarat Craft Industries Limited announced the resignation of its Chief Finance Officer, Ms. Jhanvi Jansari, effective from the close of business hours on June 4, 2026. The executive is departing to explore new opportunities in a different industry, concluding a seven-year tenure with the organization. The disclosure was made to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the resignation letter contains no material reasons other than the stated intent to pursue new professional avenues. Rishab Chhajer, Chairman & Managing Director, signed the regulatory filing submitted to the exchange. The resignation details were formally outlined in Annexure I accompanying the intimation.

Jhanvi Jansari joined Gujarat Craft Industries on January 21, 2019. In her resignation letter addressed to the Managing Director, she expressed gratitude for the opportunities provided during her service, noting that the past seven years had been a defining period in her career. She stated that her duties concluded at the end of official working hours on June 4, 2026.

Resignation Details

The following table outlines the key particulars regarding the change in key managerial personnel as disclosed to the stock exchange:

The transition follows standard procedural requirements for informing the stock exchanges regarding changes in key managerial personnel. The company has not yet announced a successor for the position of Chief Finance Officer.

Gujarat Craft Industries Limited has announced its audited standalone financial results for the financial year ended March 31, 2026. The Board of Directors, in their meeting held on May 21, 2026, approved the results and recommended a final dividend.

Financial Performance

For the financial year 2025-26, the company reported a net profit of ₹96.98 lakh, a significant decline from ₹268.62 lakh in the previous year. Revenue from operations for the year stood at ₹18,405.68 lakh, compared to ₹20,288.62 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹3.67 lakh, while revenue was ₹4,242.18 lakh.

The board has recommended a final dividend of Re. 0.50 per equity share of ₹10 each for the financial year 2025-26. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.

Key Financial Metrics

The following table summarizes the financial performance for the year and quarter ended March 31, 2026:

Board Decisions

In addition to the financial results, the board approved the appointment of M/s. Kashyap R. Mehta & Partners, Company Secretaries, as Secretarial Auditors to fill a casual vacancy. The firm will hold office until the date of the upcoming Annual General Meeting. The statutory auditors issued an unmodified opinion on the audited financial results.