Indoworth Holdings Limited has accepted the resignation of Vivek Chaudhary as an independent director, effective September 4, 2026. The departure follows his citation of pre-occupation elsewhere as the primary reason for leaving the board.

Chaudhary will also cease to be a member of the audit committee and the nomination and remuneration committee upon his exit. The company confirmed that there are no material reasons for his resignation other than those stated in his letter.

Resignation Details

The company disclosed the change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chaudhary tendered his resignation via a letter dated September 3, 2026.

The firm noted that Chaudhary has confirmed there are no other circumstances connected with his resignation requiring disclosure to shareholders, stock exchanges, or regulators.

Indoworth Holdings Limited (formerly Uniworth Securities Limited) reported a narrowed net loss for its first quarter of FY26, signaling a slight stabilization in operational performance despite declining revenues.

The Kolkata-based firm posted a net loss of ₹4.17 lakh for the three months ended June 30, 2026, compared to a net loss of ₹5.89 lakh in the immediately preceding quarter (Q4FY26). On a year-on-year basis, the company swung from a net profit of ₹2.19 lakh in Q1FY25 to a loss in the current period.

Total income from operations fell to ₹3.34 lakh, down from ₹4.52 lakh recorded in the same quarter last year. This represents a sequential improvement from the negative operating income of ₹(2.73) lakh seen in Q4FY26.

What the Numbers Show

The financial data reveals a divergence between operating performance and bottom-line results. While the company generated positive operating income of ₹3.34 lakh in Q1FY26, it still reported a net loss of ₹4.17 lakh. This indicates that non-operating expenses or other charges exceeded the operational gains during the quarter. The narrowing of the loss from ₹5.89 lakh in the prior quarter suggests some containment of these costs, even as revenue generation remains subdued compared to the previous year.

The results were approved by the Board of Directors at a meeting held on August 12, 2026. The financial statements have been prepared in accordance with Ind AS and subjected to limited review by statutory auditors.