RPSG Ventures has officially filed regulatory documentation confirming the resignation of Whole-Time Director Sudhir Langer from the company's board. The formal intimation was submitted to stock exchanges on March 25, 2026, pursuant to SEBI Listing Regulations.

Official Regulatory Filing

The company submitted formal notification to both NSE and BSE under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary and Compliance Officer Sudip Kumar Ghosh signed the official documentation on March 25, 2026.

Exchange Communication Details

The resignation intimation was formally communicated to both major Indian stock exchanges with specific scrip code references:

Formal Resignation Letter

Langer submitted his resignation letter directly to the Board of Directors at the company's registered office in Kolkata. In his formal communication, he expressed gratitude to the Board of Directors and management team for their support during his tenure as Whole-Time Director.

Corporate Governance Compliance

The resignation follows proper corporate governance protocols with complete documentation including the resignation letter and required regulatory disclosures. The company has fulfilled all mandatory reporting requirements under SEBI regulations, ensuring transparent communication with stakeholders and regulatory authorities.

RPSG Ventures Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showing mixed performance across its standalone and consolidated operations. The Board of Directors approved the results at their meeting held on February 6, 2026.

Standalone Financial Performance

The company's standalone operations demonstrated resilience despite challenging market conditions. RPSG Ventures reported a net profit of ₹2.59 crore for Q3FY26, though this represented a significant decline from ₹7.46 crore achieved in the corresponding quarter of the previous year.

For the nine-month period ended December 31, 2025, standalone revenue from operations reached ₹169.13 crore compared to ₹151.13 crore in the previous year, showing growth of 11.91%. The nine-month net profit stood at ₹10.38 crore versus ₹14.29 crore in the corresponding period of FY25.

Consolidated Results and Exceptional Items

The consolidated financial results revealed significant challenges, with the company reporting a net loss of ₹136.30 crore for Q3FY26 compared to a loss of ₹45.61 crore in Q3FY25. This performance was heavily impacted by exceptional items totaling ₹103.90 crore.

Impact of New Labor Codes

A major factor affecting the quarterly results was the implementation of India's consolidated labor legislation framework. The Government of India made effective four labor codes from November 21, 2025, including the Code on Wages 2019, Code on Social Security 2020, Industrial Relations Code 2020, and Occupational Safety, Health and Working Conditions Code 2020.

The impact assessment revealed:

• Standalone operations: ₹1.50 crore impact recognized as exceptional item
• Consolidated operations: ₹95.11 crore impact across the group
• Additional ₹8.79 crore provision for impairment in associate investment

Segment-wise Performance Analysis

RPSG Ventures operates across five distinct business segments, each contributing differently to the overall performance:

The Process Outsourcing segment remained the primary revenue driver, contributing over 85% of total consolidated revenue. The Sports segment showed strong nine-month performance despite lower quarterly revenue, reflecting the seasonal nature of sports-related activities.

Recent Corporate Developments

During the reporting period, RPSG Ventures completed several strategic initiatives:

• FSP Design Acquisition: The Board approved acquisition of 40% stake in FSP Design Private Limited for ₹177 crore in November 2025
• Pastdue Credit Solutions: Subsidiary completed acquisition of 100% ownership in UK-based Pastdue Credit Solutions Ltd. for GBP 2.20 crore in December 2025
• New Subsidiaries: Incorporated Firstsource Middle East Services L.L.C. and Firstsource Solutions Canada Inc. during the period

Financial Position and Outlook

The company maintained a stable financial position with paid-up equity share capital of ₹33.09 crore consisting of shares with face value of ₹10 each. Total consolidated assets stood at ₹18,280.37 crore as of December 31, 2025, compared to ₹15,526.11 crore in the previous year.

RPSG Ventures continues to monitor regulatory developments and their potential impact on operations, particularly regarding the implementation of new labor codes across Central and State governments.