Sagarsoft accepts resignation of Company Secretary T Sri Sai Manasa

Sagarsoft (India) Limited has accepted the resignation of T Sri Sai Manasa from the position of Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on August 14, 2026. Manasa tendered her resignation to pursue growth opportunities and career advancement, with no other material reasons cited for the departure.

The intimation was submitted to BSE Limited pursuant to Regulation 30, read with Para A, Part A of Schedule III of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. The disclosure references the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

The following details regarding the change in Key Managerial Personnel were provided in the regulatory filing:

S.No	Particulars	Information
1	Name	T Sri Sai Manasa
2	Reason for change	To pursuing the growth opportunity and for career advancement
3	Date of cessation	14 August, 2026
4	Brief profile	Not applicable
5	Disclosure of relationships	Not applicable

The resignation letter was dated July 6, 2026. M. Jagadeesh, Managing Director of Sagarsoft (India) Limited, signed the communication to the exchange confirming the acceptance of the resignation.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.33%	+15.71%	+5.47%	-14.54%	-44.77%	-68.66%

Sagarsoft (India) Limited reported a standalone profit after tax of Rs 1.29 crore for the year ended March 31, 2026, a decrease from Rs 3.65 crore in the previous year. The company’s revenue from operations stood at Rs 48.66 crore for the same period, compared to Rs 56.73 crore in FY25.

The board of directors has recommended a dividend of Rs 1.50 per share (15%) on the 63,92,238 equity shares of Rs 10/- each for the financial year 2025-26. This will result in a total outflow of Rs 95.88 lakhs. The record date for determining dividend entitlement has been fixed as July 3, 2026.

On a consolidated basis, the company reported a net loss of Rs 14.94 crore for FY26, compared to a profit of Rs 5.42 crore in the previous year. Consolidated revenue from operations increased to Rs 164.40 crore from Rs 142.36 crore in FY25. The consolidated financial statements include the performance of subsidiaries IT CATS LLC, USA, Sapplica INC, Elite Computer Consultants LP, and Sarral Global INC.

The net worth of the company as at March 31, 2026, was Rs 5,681.37 lakhs, compared to Rs 5,660.71 lakhs at the end of the previous financial year. The company’s paid-up capital remained unchanged at Rs 6,39,22,380, consisting of 63,92,238 equity shares of Rs 10/- each.

Financial Performance

The following table summarizes the standalone financial results for the year ended March 31, 2026:

Particulars	FY26 (Rs in Lakhs)	FY25 (Rs in Lakhs)
Income from operations	4,865.75	5,672.52
Total Income	5,205.03	5,945.31
Total Expenses	5,022.20	5,465.57
Profit before tax	182.83	479.74
Profit after tax	128.73	364.86
Earnings per share (Rs)	2.01	5.71

The decrease in profitability was attributed to a reduction in revenue from operations during the year, as major operating costs could not be reduced in the same proportion.

Corporate Governance

The company stated that it has complied with all mandatory requirements specified in the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The secretarial audit report did not contain any qualifications, reservations, or adverse remarks. The statutory auditors, M/s. Walker Chandiok & Co LLP, also issued an unqualified report on the financial statements.