S & T Corporation has accepted the resignation of CS Riya Mahesh Waghela from the position of Company Secretary & Compliance Officer. The resignation is effective from July 17, 2026, and was tendered due to personal reasons. The company disclosed this development to BSE in a regulatory filing submitted on July 18, 2026.

The resignation was communicated in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received the formal resignation letter dated July 17, 2026, earlier on the same day. The Managing Director, Ajay Savai, signed the intimation sent to the stock exchange.

Details of Resignation

The company provided specific details regarding the cessation of the Company Secretary as required under Schedule III of Regulation 30. The following table outlines the key information disclosed:

In her resignation letter, Waghela stated that the decision was not made lightly but was necessitated by unavoidable personal circumstances requiring immediate attention. She requested the Board to complete the necessary statutory filings and formalities under the Companies Act, 2013.

S & T Corporation Limited reported a standalone net profit of ₹1.24 lakh for the financial year ended March 31, 2026, with revenue from operations rising to ₹232.63 lakh from ₹17.30 lakh in the previous year. The company published the audited standalone and consolidated financial results in “Standard Post” and “Aapla Mahanagar” on May 29, 2026, following approval by its Board of Directors on May 28, 2026. The statutory auditors provided an unqualified report on the financial results.

The company is exempt from submitting Related Party Transaction disclosures for FY26 as its paid-up share capital and net worth were below the regulatory thresholds of ₹10 crore and ₹25 crore, respectively, as of March 31, 2025. Consequently, the corporate governance provisions specified in regulations 17 to 27 and clauses of regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are not applicable.

Standalone and Consolidated Financial Results

The financial results comprise the company’s operations and its subsidiary, Ssavai Abodes LLP, in which it holds a 95% stake. The subsidiary’s unaudited financial information reflected total assets of ₹10,42,009 and a net loss of ₹1,02,442 for the period ended March 31, 2026. The company operates across Textile Trading, Real Estate Operation, and Leasing of Properties segments. Total assets as of March 31, 2026, stood at ₹1954.73 lakh on a standalone basis.