Jagsonpal Services Company Secretary resigns effective July 15, 2026

1 min read Updated on 30 May 2026, 04:48 PM

Reviewed by

Anirudha BScanX News Team

AI Summary

Jagsonpal Services Limited announced the resignation of Ms. Shilpa Soni as Company Secretary & Compliance Officer effective July 15, 2026. The resignation is to pursue an alternate career opportunity outside the organisation, with no other material reasons cited.

*this image is generated using AI for illustrative purposes only.

Jagsonpal Services Limited has announced the resignation of Ms. Shilpa Soni from the position of Company Secretary & Compliance Officer. The resignation is effective from the close of business hours on July 15, 2026, as she pursues an alternate career opportunity outside the organisation. The company confirmed there are no other material reasons for the departure.

The disclosure was made pursuant to Regulation 30 read with Schedule III, Para A (Part A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also referenced SEBI Circular No. HO/49/14/14(7)2025-CFD-PoD2/I/3762/2026 dated January 30, 2026, regarding the detailed disclosure requirements for such changes.

Ms. Shilpa Soni, holding Membership No. A59308, confirmed in her resignation letter that there are no material reasons other than the stated career opportunity. She requested the Board to accept her resignation and relieve her of duties effective from the stated date, while also expressing gratitude to the Board and management for their support during her tenure.

The company has filed the necessary intimations with the Bombay Stock Exchange. The following table summarizes the key details of the change in the Company Secretary & Compliance Officer position:

Particulars	Details
Reason for change	Resignation of Ms. Shilpa Soni as Company Secretary & Compliance Officer of the Company
Date of cessation	15 July 2026 (Close of Business hours)
Brief profile	NA
Disclosure of relationships between directors	Not applicable

Jagsonpal Services Limited was formerly known as Jagsonpal Finance and Leasing Limited. The intimation was signed by Karthik Srinivasan, Chairman and Managing Director and Chief Financial Officer.

Historical Stock Returns for Jagsonpal Services

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+8.12%	+1.38%	-18.83%	-22.16%	+5,279.59%

Who will be appointed as the interim or permanent replacement for Ms. Shilpa Soni?

How will the transition of the Compliance Officer role impact the company's regulatory filings in the short term?

Will the resignation trigger any changes in the company's internal governance or compliance policies?

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Jagsonpal Services widens net loss to ₹490.69 lakh in FY26

1 min read Updated on 30 May 2026, 04:36 PM

Reviewed by

Ashish TScanX News Team

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AI Summary

Jagsonpal Services Limited reported a widened net loss of ₹490.69 lakh for FY26, compared to ₹71.25 lakh in FY25, as revenue from operations remained nil. Total expenses increased to ₹525.61 lakh, primarily due to rent and employee benefit expenses. The Board approved the audited financial results, re-appointed M/s J K S & Co as Internal Auditors, and authorized the notice for the 35th Annual General Meeting.

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Jagsonpal Services Limited reported a widened net loss of ₹490.69 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹71.25 lakh in the previous year. The company continued to report zero revenue from operations for both the fourth quarter and the full year, while total expenses increased significantly to ₹525.61 lakh from ₹71.37 lakh in FY25.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at its meeting held on May 30, 2026. Statutory Auditors M/s. Jain Vinay & Associates issued an audit report with an unmodified opinion on the financial statements. The results were reviewed and recommended by the Audit Committee prior to Board approval.

Financial Performance

The company’s total income for FY26 stood at ₹38.99 lakh, derived entirely from other income, compared to ₹0.15 lakh in the previous year. For the quarter ended March 31, 2026, total income was ₹3.39 lakh. Expenses for the year were driven by rent at ₹257.09 lakh, employee benefit expenses at ₹111.37 lakh, and legal and professional fees at ₹95.76 lakh.

Metric	FY26 (₹ in Lakhs)	FY25 (₹ in Lakhs)
Total Income	38.99	0.15
Total Expenses	525.61	71.37
Net Loss	(490.69)	(71.25)
Basic EPS	(2.68)	(0.39)

Board Decisions

Based on the recommendations of the Audit Committee, the Board approved the re-appointment of M/s J K S & Co, Chartered Accountants, as Internal Auditors for the financial year 2026-27. The firm was appointed for a term of one year starting May 30, 2026. Additionally, the Board approved revisions to the Familiarisation Programme for Independent Directors and the Archival Policy.

The Board also approved the notice for the 35th Annual General Meeting and authorized Chairman, Managing Director, and CFO Karthik Srinivasan to decide the date, time, and mode for the same. The company operates in a single reportable business segment focused on operating software and IT projects.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE582C01015/ae59abd3-5f8e-4287-b61b-7c6bec363f3e.pdf

Historical Stock Returns for Jagsonpal Services