HCKK Ventures Limited has formally announced the resignation of its Managing Director cum CEO, Mr. Apurv Bhargava, effective from the closing of business hours on March 28, 2026. The company communicated this development to BSE Limited on March 30, 2026, in compliance with regulatory disclosure requirements.

Regulatory Disclosure Details

The resignation was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary cum Compliance Officer Prashant Agarwal signed the official communication to BSE Limited, ensuring all regulatory protocols were followed.

Company Information and Communication

HCKK Ventures Limited, with CIN L45100MH1983PLC26336, operates from its registered office at Office No. 514, Roongta Business Center, 5th Floor, Govind Nagar, Nashik-422009. The company maintains communication channels through telephone (+91 8976707683), email ( info@hckkventures.com ), and its official website ( www.hckkventures.com ).

Resignation Letter Details

In his resignation letter dated March 28, 2026, Mr. Bhargava stated that his decision was driven by personal reasons and other professional commitments. He explicitly confirmed that there are no other material reasons for his resignation beyond those mentioned. The resignation letter was submitted directly to the Board of Directors at the company's registered office in Nashik, Maharashtra.

Acknowledgment and Transition

In his resignation letter, Mr. Bhargava expressed gratitude to the Board of Directors, management, and stakeholders for their trust, support, and cooperation during his tenure. He described his association with the company as a valuable and enriching experience that allowed him to contribute to the organization's growth and governance. The company has been requested to file the requisite forms with the Registrar of Companies and other regulatory authorities to formalize the transition.

HCKK Ventures Limited , a company listed on the Bombay Stock Exchange (BSE: 539224), has reported its financial results for the second quarter and half-year ended September 30. The company faced challenges in the quarter, reporting a net loss and receiving a qualified review from its auditor.

Financial Performance

HCKK Ventures experienced a downturn in its financial performance for the quarter ended September 30. Here's a breakdown of the key financial metrics:

All figures in lakhs, except for EPS

The company reported no revenue from operations during the quarter, while other income stood at ₹5.88 lakhs. For the half-year period, HCKK Ventures achieved a net profit of ₹8.87 lakhs on revenue of ₹15.05 lakhs from operations.

Balance Sheet Highlights

The company's balance sheet showed some notable changes:

All figures in lakhs

Auditor's Qualified Review

The auditor issued a qualified review report, highlighting a significant accounting concern. The report noted that the company has not recognized Expected Credit Loss of ₹34.98 lakhs on trade receivables as required under accounting standards. This qualification raises questions about the company's adherence to financial reporting standards and the potential impact on its financial statements.

Corporate Governance

As per the LODR (Listing Obligations and Disclosure Requirements) data, HCKK Ventures Limited held its board meeting on November 11 to approve the unaudited financial results for the second quarter and half-year ended September 30. The meeting, which started at 6:00 PM and concluded at 6:50 PM, demonstrates the company's compliance with regulatory requirements for timely disclosure of financial information.

Outlook

While HCKK Ventures has reported a loss for the quarter, the significant increase in cash and cash equivalents from ₹28.71 lakhs to ₹113.83 lakhs may provide some financial flexibility. However, the auditor's qualification regarding Expected Credit Loss on trade receivables warrants attention and may require the company to address its accounting practices.

Investors and stakeholders may want to closely monitor the company's future financial reports and any steps taken to address the auditor's concerns. The company's ability to generate revenue from operations in the coming quarters will be crucial for its financial health and market performance.