IKOMA Technologies Board Approves Q3FY26 Results and Publishes Regulatory Compliance
IKOMA Technologies conducted its board meeting on April 7, 2026, approving Q3FY26 unaudited financial results that showed ₹1.09 lakh total income against ₹12.41 lakh loss after tax. The company appointed five new directors including Mr. Paras Chand Jain as Additional Executive Director and four independent directors, while making key managerial changes with new CFO and Company Secretary appointments. Following board approval, the company published mandatory newspaper advertisements on April 9, 2026, in compliance with SEBI regulations.

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IKOMA Technologies Limited successfully conducted its board meeting on April 7, 2026, addressing critical business matters including the approval of unaudited financial results for the quarter ended December 31, 2025, and significant organizational changes. Following the board approval, the company published mandatory newspaper advertisements on April 9, 2026, ensuring compliance with SEBI regulations.
Financial Results and Performance
The board approved the unaudited financial results for the quarter ended December 31, 2025. The company's financial performance shows mixed results across different periods, with the latest quarter reflecting operational challenges.
| Financial Metrics: | Q3 FY26 (Dec 2025) | Q2 FY26 (Sep 2025) | Q3 FY25 (Dec 2024) |
|---|---|---|---|
| Total Income: | ₹1.09 lakh | ₹0 lakh | ₹0 lakh |
| Total Expenses: | ₹13.80 lakh | ₹85.36 lakh | ₹84.57 lakh |
| Loss After Tax: | ₹12.41 lakh | ₹62.08 lakh | ₹66.14 lakh |
| Earnings Per Share: | ₹(0.05) | ₹(0.27) | ₹(0.29) |
The financial results were subjected to limited review by the company's statutory auditors, NYS & Company. The company's GST registration status is currently inactive as of the reporting date.
Regulatory Compliance and Publication
Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements for its Q3FY26 financial results on April 9, 2026. The advertisements were published in "Active Times" for English language national daily wide circulation and "Mumbai Lakshadweep" in Marathi regional language.
| Publication Details: | Information |
|---|---|
| Publication Date: | April 9, 2026 |
| English Newspaper: | Active Times |
| Regional Newspaper: | Mumbai Lakshadweep (Marathi) |
| Regulation Compliance: | SEBI Regulation 30 and 47 |
Major Board and Leadership Changes
The company announced extensive changes to its board composition, appointing five new directors across different categories to strengthen corporate governance.
| New Appointments: | Position | DIN |
|---|---|---|
| Mr. Paras Chand Jain: | Additional Executive Director (Whole Time) | 10292545 |
| Mr. Bhavesh Bhairaram Lohar: | Additional Independent Director | 10238291 |
| Mr. Amit Balgotra: | Additional Independent Director | 11648446 |
| Mr. Jatin: | Additional Independent Director | 11648564 |
| Mr. Anil Kumar Kothari: | Additional Independent Director | 11650504 |
All appointments are effective from April 7, 2026, for one year subject to approval of shareholders in the ensuing extraordinary general meeting.
Key Managerial Personnel Changes
Significant changes were made to the company's key managerial positions. Mr. Kapil Vinod Garg was appointed as Company Secretary and Compliance Officer, while Mr. Sanyog Kumar Rathi was appointed as Chief Financial Officer. These appointments followed the resignation of Mr. Rahul Anandrao Bhargav from his CFO position.
| Personnel Changes: | Details |
|---|---|
| New Company Secretary: | Mr. Kapil Vinod Garg (Membership: A27768) |
| New CFO: | Mr. Sanyog Kumar Rathi |
| Resigned CFO: | Mr. Rahul Anandrao Bhargav |
| Effective Date: | April 7, 2026 |
Strategic Initiatives and Compliance Matters
The board discussed fund raising initiatives through various modes including private placement, right issue, qualified institutions placement, or preferential issue, but decided to defer the matter for future consideration. Additionally, the company approved entering into a termsheet with ICM Insurance Brokers Private Limited for a proposed takeover transaction.
| Strategic Decisions: | Status |
|---|---|
| Fund Raising: | Deferred for later consideration |
| ICM Insurance Takeover: | Termsheet approved |
| BSE Fines: | Waiver application to be filed |
| Committee Reconstitution: | Approved |
The board also noted fines and penalties levied by BSE for certain non-compliances under SEBI regulations and decided to file a waiver application for relaxation of these fines. The meeting concluded with the board approving committee reconstitution and designation of the corporate office, marking a comprehensive organizational restructuring for the company.
Historical Stock Returns for Ikoma Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.73% | +19.86% | +70.84% | -15.66% | -48.56% | +2,743.14% |
Will the proposed takeover of ICM Insurance Brokers Private Limited help IKOMA Technologies pivot from its current loss-making operations to a profitable insurance brokerage business model?
How will the company address its mounting quarterly losses and generate sustainable revenue streams given its inactive GST status and minimal income generation?
What impact will the extensive board restructuring and appointment of four new independent directors have on the company's strategic direction and governance practices?


































