Lake Shore Realty Limited (formerly mahaan foods Limited) has announced the resignation of Mrs. Ruchi Ghanashyam from her position as Independent Director, effective from the close of business hours on April 1, 2026. The company informed BSE Limited of this development on April 2, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Mrs. Ruchi Ghanashyam, holding Director Identification Number (DIN) 09148241, submitted her resignation letter dated April 1, 2026, citing pre-occupation with other engagements as the primary reason for her departure. The resignation letter was formally accepted by Director Bhairavi Goswami on the same date.

Committee Memberships Affected

Following her resignation as Independent Director, Mrs. Ghanashyam automatically ceased to be a member of several key board committees. Her departure affects the composition of three critical committees within Lake Shore Realty Limited's governance structure.

The committees from which she ceased membership include:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholder Relationship Committee

Other Directorships

According to the disclosure, Mrs. Ghanashyam continues to hold directorship in Easy Trip Planners Limited, where she serves as a Non-Executive Independent Director. In that capacity, she is a member of multiple board committees including the Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, and Stakeholders Relationship Committee.

Regulatory Compliance

Lake Shore Realty Limited has confirmed that Mrs. Ghanashyam provided assurance that there are no other material reasons for her resignation beyond those mentioned in her resignation letter. The formal resignation will be considered for acceptance in the upcoming Board Meeting, and the company has fulfilled its disclosure obligations under the SEBI Listing Regulations.

The communication was signed by Ankit Dinesh Singh, Company Secretary and Compliance Officer, ensuring proper documentation and regulatory compliance for this board composition change.

Lake Shore Realty Limited (formerly Mahaan Foods Limited) announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 12, 2026, at the company's registered office in New Delhi, in compliance with SEBI Listing Regulations.

Board Meeting and Regulatory Compliance

The board meeting commenced at 12:30 PM and concluded at 1:30 PM on February 12, 2026. The meeting was held at the registered office situated at 23, 2nd Floor Club Road North West, Avenue West Punjabi Bagh Airtel Tower, Punjabi Bagh Sec - III, West Delhi, New Delhi, Delhi - 110026. The company submitted the results pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Quarterly Financial Performance

The company demonstrated mixed performance during Q3 FY26, with quarterly results showing a decline compared to the previous year but recovery from the previous quarter's losses.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's financial performance showed significant decline compared to the previous year, primarily due to increased operational expenses.

Revenue Structure and Expense Breakdown

The company's revenue remained primarily dependent on other income sources, with ₹34.33 lacs generated entirely from other income in Q3 FY26. The significant expense increase was driven by other expenses rising to ₹17.96 lacs in Q3 FY26 from ₹3.39 lacs in Q3 FY25, while employee benefits decreased to ₹1.35 lacs from ₹6.27 lacs year-on-year.

Balance Sheet Position

As of December 31, 2025, the company maintained total assets of ₹2,045.86 lacs compared to ₹2,064.15 lacs as of March 31, 2025.

Key Financial Ratios and Auditor Review

The company's operating margin for Q3 FY26 stood at 43.75% compared to 70.59% in Q3 FY25, while net profit margin was 43.75% versus 53.01% in the corresponding quarter last year. The current ratio improved significantly to 213.51 from 47.94 in the previous year.

PGS & Associates, Chartered Accountants, provided an unqualified limited review report for the quarterly results. The auditors confirmed that the financial statements were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and comply with SEBI listing regulations.