Nyssa Corporation appoints Shruti Poddar as Compliance Officer

1 min read     Updated on 13 Jun 2026, 12:48 PM
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Nyssa Corporation Limited appointed Ms. Shruti Poddar as Company Secretary and Compliance Officer effective June 13, 2026, succeeding Ms. Priya Goyal Agarwal who resigned on June 12, 2026. The appointment follows a recommendation by the Nomination & Remuneration Committee.

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Nyssa Corporation Limited has appointed Ms. Shruti Poddar as Company Secretary and Compliance Officer effective June 13, 2026, following the resignation of Ms. Priya Goyal Agarwal. The change in the compliance officer is critical for the company's regulatory adherence and corporate governance framework. The appointment was made based on the recommendation of the Nomination & Remuneration Committee.

Ms. Priya Goyal Agarwal resigned from her position as Company Secretary and Compliance Officer effective the close of business hours on June 12, 2026, citing personal reasons. The company has disclosed this change under Regulation 30 of the SEBI LODR Regulations, 2015, to ensure transparency with the stock exchanges and regulatory authorities.

Profile of New Compliance Officer

Ms. Shruti Poddar brings the necessary qualifications to the role, holding a Bachelor of Commerce degree and being a qualified Company Secretary. The board approved her appointment to fill the vacancy created by the previous officer's departure.

Particulars Details
Name Ms. Shruti Poddar
Qualification B.Com., C.S.
PAN BWUPP8631B
Membership No. A71460

Regulatory Disclosures

company has formally notified BSE Limited regarding the change in its compliance officer. The resignation of Ms. Agarwal and the subsequent appointment of Ms. Poddar were recorded with specific dates to ensure a seamless transition of responsibilities. The outgoing officer has pledged full cooperation for the handover of records and ongoing matters.

Historical Stock Returns for Nyssa Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+3.21%+2.80%+1.98%-18.41%-37.62%-56.44%

How will Ms. Poddar's prior experience influence Nyssa Corporation's regulatory strategy moving forward?

What specific compliance challenges might arise during the transition period between the two officers?

Could this leadership change signal any broader shifts in the company's corporate governance policies?

Nyssa Corporation posts FY26 net loss of ₹1,202.18 lakh

2 min read     Updated on 25 May 2026, 10:27 AM
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Nyssa Corporation filed its audited financial results for the quarter and year ended March 31, 2026, reporting a consolidated net loss of ₹1,202.18 lakh for the full year against a net profit of ₹35.54 lakh in FY25. For Q4 FY26, the company recorded a net loss of ₹1,281.59 lakh with nil revenue from operations, while total income stood at ₹52.53 lakh. The performance was affected by exceptional items and a write-off of loans and advances worth ₹1,244.29 lakh. Total income for FY26 fell to ₹132.76 lakh from ₹466.18 lakh in the previous year.

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Nyssa Corporation has filed its audited financial results for the fourth quarter and fiscal year ended March 31, 2026, with the stock exchanges. The company reported a consolidated net loss of ₹1,202.18 lakh for the full year, marking a reversal from the net profit of ₹35.54 lakh posted in the previous fiscal year.

For the quarter ended March 31, 2026, the company recorded a net loss of ₹1,281.59 lakh. Revenue from operations for the quarter was nil, while other income contributed ₹52.53 lakh to the total income. The financial performance was impacted by exceptional items and a significant write-off of loans and advances amounting to ₹1,244.29 lakh during the quarter.

Financial Performance for FY26

The annual results highlight a challenging financial period for the entity. Total income for the year decreased to ₹132.76 lakh from ₹466.18 lakh in the previous year. Revenue from operations dropped substantially to ₹52.50 lakh compared to ₹409.32 lakh in FY25. The company also recorded a share of loss from associates and joint ventures amounting to ₹40.44 lakh.

The board of directors reviewed and approved the audited financial results at a meeting held on May 23, 2026. The statutory auditors provided an unmodified opinion on the financial results for the quarter and year ended March 31, 2026.

Key Financial Metrics

The following table outlines the standalone financial performance for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Revenue from Operations - 52.50 409.32
Total Income 52.53 132.76 466.18
Total Expenses 1,253.68 1,281.83 422.51
Profit/(Loss) before tax (1,253.77) (1,201.68) 43.68
Net Profit/(Loss) (1,281.59) (1,202.18) 35.54

Segment Reporting and Capital Structure

The company operates primarily through two business segments: Realty and Investments. For the year ended March 31, 2026, the Investments segment reported an income of ₹80.26 lakh, while the Realty segment reported an income of ₹52.50 lakh. The total allocable segment assets stood at ₹2,173.96 lakh as of March 31, 2026.

The paid-up equity share capital remained unchanged at ₹300.00 lakh. Reserves excluding revaluation reserves decreased to ₹1,847.87 lakh as of March 31, 2026, down from ₹3,050.04 lakh in the previous year. The basic and diluted earnings per share (EPS) for the year was reported at (₹4.01).

Historical Stock Returns for Nyssa Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
+3.21%+2.80%+1.98%-18.41%-37.62%-56.44%

What strategic restructuring plans does Nyssa Corporation's management have in place to restore revenue from operations and return to profitability in FY27?

How will the ₹1,244.29 lakh write-off of loans and advances impact the company's ability to secure future financing or credit facilities?

Given the sharp decline in reserves from ₹3,050.04 lakh to ₹1,847.87 lakh, how close is Nyssa Corporation to potential regulatory thresholds for capital adequacy or solvency concerns?

More News on Nyssa Corporation

1 Year Returns:-37.62%