Kretto Syscon Ltd accepts resignation of Independent Director

1 min read Updated on 22 Jul 2026, 11:43 PM

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Jubin VScanX News Team

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Kretto Syscon Ltd announced the resignation of Non-Executive Independent Director Ms. Kapadia Kruti Kevin effective July 22, 2026, due to personal and professional commitments. The company confirmed no other material reasons for the resignation and has filed the required disclosures with the exchanges.

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Kretto Syscon Ltd has accepted the resignation of Ms. Kapadia Kruti Kevin as a Non-Executive Independent Director, effective July 22, 2026. The resignation, attributed to personal reasons and other professional commitments, was intimated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no material reasons for the resignation beyond those stated in her letter.

Ms. Kapadia Kruti Kevin, holding Director Identification Number (DIN) 07746940, stepped down from the board to focus on increased attention required by her personal and professional commitments. In her resignation letter, she expressed appreciation for the support received from the Board, management, and employees during her tenure.

The disclosure provided to the exchanges outlines the specific details regarding the cessation of her directorship. The company has verified that the resignation is not due to any material circumstances other than the reasons cited by the director.

Details of Directorship Cessation

Particulars	Details
Name of Director	Ms. Kapadia Kruti Kevin
DIN	07746940
Position	Non-Executive Independent Director
Date of Cessation	July 22, 2026
Reason	Personal reasons and other professional commitments

Ms. Kapadia Kruti Kevin holds directorships in other listed entities, including Golden Capital Services Limited as an Independent Director and Indo-Global Enterprises Limited as an Additional Director. Kretto Syscon Ltd has completed the necessary procedural formalities to record the change in its board composition.

Historical Stock Returns for Kretto Syscon

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-10.91%	-16.95%	-10.91%	-74.35%	+22.50%

Who will Kretto Syscon appoint to fill the vacancy of the Non-Executive Independent Director?

How will this change in board composition impact the company's governance and strategic oversight?

Will Ms. Kapadia Kruti Kevin's resignation affect her roles in other listed entities like Golden Capital Services Limited?

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Kretto Syscon returns to profitability with ₹2.02 crore profit in FY26

1 min read Updated on 26 May 2026, 10:11 PM

Reviewed by

Ashish TScanX News Team

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Kretto Syscon Limited returned to profitability in FY26 with a net profit of ₹201.77 lakh, compared to a loss of ₹134.77 lakh in FY25, despite a decline in revenue from operations to ₹589.89 lakh. The board approved the audited standalone financial results on May 26, 2026, with M/s. Nirav S. Shah & Co. issuing an unmodified audit report. The company reported a net cash inflow from operating activities of ₹299.31 lakh, while cash and cash equivalents dropped to ₹18.93 lakh.

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Kretto Syscon Limited has returned to profitability for the financial year ended March 31, 2026, reporting a net profit of ₹201.77 lakh compared to a loss of ₹134.77 lakh in the previous year. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026. M/s. Nirav S. Shah & Co., Statutory Auditors, issued an audit report with an unmodified opinion on the financial results.

Financial Performance

Revenue from operations for the full year stood at ₹589.89 lakh, a decrease from ₹1,169.40 lakh in the prior year. For the quarter ended March 31, 2026, the company reported a net loss of ₹38.84 lakh, narrowing from a loss of ₹134.77 lakh in the same quarter of the previous year. Total income for the year was ₹591.59 lakh.

The company's finance costs increased to ₹4.79 lakh for the year from ₹0.04 lakh in FY25. Employee benefits expense rose to ₹14.93 lakh from ₹18.20 lakh. The basic earnings per share (EPS) for the year improved to ₹0.03 from a negative ₹0.02 in the previous year.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, were ₹7,079.08 lakh, slightly higher than ₹7,052.83 lakh in the previous year. Equity share capital increased to ₹6,773.44 lakh from ₹6,271.92 lakh. Cash and cash equivalents decreased significantly to ₹18.93 lakh from ₹355.56 lakh at the end of the previous year.

Net cash generated from operating activities for the year was ₹299.31 lakh, compared to a net outflow of ₹329.45 lakh in the previous year. The company utilized ₹570.25 lakh in investing activities and reported a net outflow of ₹65.69 lakh from financing activities.

Regulatory Disclosures

The board also approved the Integrated Filing (Financial) pursuant to SEBI Circular No. SEBI/HO/CFDICFD-PoD-2/CIR/P/2024/LBs dated December 31, 2024. The trading window for dealing in the company's securities, which closed on April 1, 2026, will reopen 48 hours after the declaration of the financial results.