MFS Intercorp has accepted the resignation of Ms. Mahima Ahuja as Non-Executive Non-Independent Director, effective August 10, 2026. The departure follows the completion of her five-year term on the Board of Directors. MFS Intercorp disclosed the change in leadership to BSE Limited on August 8, 2026, confirming that there are no material reasons for the exit other than the conclusion of her appointment period.

The company filed the intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026. Kiran Vishwakarma, Director of MFS Intercorp and signatory to the filing, confirmed that the resignation letter was received on August 8, 2026.

Resignation Details

Ms. Ahuja, identified by DIN 09276287, tendered her resignation vide letter dated August 8, 2026. She cited the completion of her five-year tenure as the sole reason for stepping down. In her resignation letter addressed to the Board of Directors, she expressed gratitude for the support received during her association with the company.

The filing confirmed that there are no undisclosed material reasons for the resignation. The company stated it would arrange to file the necessary forms and intimations with statutory authorities as required. No relationship disclosures were applicable for this specific transaction.

Board Composition Impact

The exit of a non-executive director alters the composition of the Board of Directors. MFS Intercorp did not disclose immediate plans for replacement in this filing. The transition is procedural, stemming from the natural end of a fixed-term appointment rather than any conflict or performance-related issue. Stakeholders are advised to monitor future filings for any appointments to fill the vacant seat.

MFS Intercorp Ltd published its audited standalone financial results for the quarter and year ended March 31, 2026, in newspapers on May 28, 2026. The publication, in the Financial Express and Jansatta, was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported a return to profitability in Q4FY26 with a net profit of ₹19.15 lakh, compared to a net loss of ₹1.40 lakh in the corresponding quarter of the previous year. Revenue from operations rose to ₹25.57 lakh from ₹7.05 lakh in Q4FY25, driven by increased operational activity.

For the full financial year, the company narrowed its net loss to ₹2.36 lakh from ₹0.79 lakh in FY25, while total revenue increased to ₹39.13 lakh from ₹29.37 lakh. The Board of Directors approved the results at its meeting held on May 26, 2026. The financial statements were prepared under Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee. Statutory Auditors M/s H. G. Sarvaiya & Co. issued an unmodified opinion on the financial results.

Financial Performance

The company's profitability in Q4FY26 was supported by controlled expenses, which totaled ₹6.42 lakh for the quarter, down from ₹8.45 lakh in the prior year. Earnings per equity share (basic) for Q4FY26 was recorded at ₹0.44, compared to a negative ₹0.03 in the previous year. Total income for the year stood at ₹39.13 lakh, with other income contributing ₹0.17 lakh.

Capital Allocation and Compliance

During FY26, the company allotted 1,01,50,000 convertible warrants on a preferential basis at an issue price of ₹15 per warrant, aggregating to ₹15,22,50,000. The Board noted the certificate on the utilization of these preferential issue proceeds. The Board of Directors has not recommended any dividend for the financial year 2025-26. In compliance with SEBI (Prohibition of Insider Trading) Regulations, the trading window for designated persons remained closed from April 1, 2026, until 48 hours after the declaration of financial results.