Santosh Fine Fab Limited has announced the resignation of Mrs. Niti Nilesh Jain from her position as Company Secretary and Compliance Officer, effective March 18, 2026. The company informed BSE Limited about this key managerial personnel change through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Mrs. Niti Nilesh Jain tendered her resignation with immediate effect to pursue career opportunities outside the organization. The management has accepted her resignation and confirmed the relieving date as March 18, 2026, after working hours.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations and other applicable provisions. The company has provided detailed information as required under Regulation 30(6) read with Para A (7) of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Succession Planning

Santosh Fine Fab Limited has commenced the process of shortlisting potential candidates for the Company Secretary and Compliance Officer role. The company stated that the appointment will be finalized within the prescribed timelines under the SEBI LODR Regulations. A required disclosure will be made at the time of the new appointment.

Documentation

The resignation letter submitted by Mrs. Niti Jain expressed gratitude to the board of directors and the entire team for their cooperation and support during her tenure. She requested the issuance of an experience certificate along with the duly filed Form DIR-12. The letter was accepted by the company's director on March 18, 2026.

The announcement was signed by Director Asharam Satyanarayan Rungta (DIN: 00320409) on behalf of Santosh Fine Fab Limited and submitted to the BSE Listing Compliance Department for record purposes.

Santosh Fine Fab Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, under Regulation 33 of SEBI listing requirements. The Board of Directors approved these results at their meeting held on February 11, 2026, which commenced at 4:30 PM and concluded at 5:15 PM.

Quarterly Financial Performance

The company's Q3FY26 performance showed a decline across key metrics compared to the same quarter in the previous year. Revenue from operations decreased significantly, while profitability also contracted during the quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company showed mixed results with improved revenue but continued losses. The company managed to reduce its losses significantly compared to the previous year's nine-month period.

Cost Structure and Operational Metrics

The company's expense breakdown for Q3FY26 revealed cost of materials consumed at ₹147.86 lakhs, employee benefits expenses at ₹60.14 lakhs, and finance costs at ₹17.39 lakhs. Other expenses accounted for ₹111.13 lakhs during the quarter. Purchase of stock-in-trade was ₹25.62 lakhs, while the company benefited from a positive change in inventories of ₹21.05 lakhs.

Capital Structure and Share Information

The company maintained its paid-up equity share capital at ₹352.46 lakhs with a face value of ₹10.00 per share. However, calls in arrears of ₹9.14 lakhs on 305,400 shares resulted in a net paid-up capital of ₹343.32 lakhs. The company operates in the manufacturing of fabrics segment and has only one reportable business segment.

Audit and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 11, 2026. Jhunjhunwala Jain & Associates LLP, the company's statutory auditors, conducted a limited review of the results. The auditors confirmed that nothing came to their attention suggesting material misstatements in the financial results prepared in accordance with Indian Accounting Standards.