Shikhar Consultants Limited Announces Resignation of Company Secretary Ms. Rashmi Bang

Shikhar Consultants Limited has announced the resignation of Ms. Rashmi Bang from her position as Company Secretary and Compliance Officer, effective March 31, 2026. The Mumbai-based company informed BSE about this key management change in compliance with regulatory requirements.

Resignation Details

Ms. Rashmi Bang submitted her resignation letter on March 7, 2026, requesting relief from her duties due to personal reasons. The resignation becomes effective from the close of business hours on March 31, 2026.

Parameter	Details
Position	Company Secretary and Compliance Officer
Effective Date	March 31, 2026 (Close of business hours)
Reason	Personal reasons
Membership Number	57364

Regulatory Compliance

The company has fulfilled its obligations under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The detailed disclosure was prepared in accordance with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023 and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Key Disclosures

In her resignation letter, Ms. Bang expressed gratitude for the support received from the Board of Directors and management during her tenure. She specifically confirmed that there are no material reasons other than personal circumstances for her resignation.

Disclosure Requirement	Status
Reason for Change	Resignation
Date of Cessation	March 31, 2026
Material Reasons	None beyond personal reasons
Regulatory Filing	Completed

Administrative Actions

Ms. Bang has requested the Board to arrange filing of necessary forms with the Registrar of Companies and other statutory authorities to formalize the resignation. The company's Whole-time Director, Rajesh Shrinivas Daga, signed the regulatory intimation on March 31, 2026.

The resignation represents a standard corporate governance transition, with the company ensuring full compliance with disclosure requirements and proper documentation of the management change.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.00%	-5.84%	-27.27%	+129.69%	+635.00%	+635.00%

Shikhar Consultants Limited announced its unaudited financial results for the third quarter ended December 31, 2025, following the board meeting held on February 11, 2026. The company reported a net loss of Rs 1,36,628 for the quarter, with zero revenue from operations across all business segments.

Financial Performance Overview

The company's Q3FY26 results reflect challenging operational conditions with no revenue generation during the quarter. The financial performance shows a significant deterioration compared to the previous quarter and year-over-year metrics.

Financial Metric:	Q3FY26 (Dec 2025)	Q2FY26 (Sep 2025)	Q3FY25 (Dec 2024)
Total Revenue:	Rs 0	Rs 0	Rs 0
Total Expenses:	Rs 1,36,628	Rs 2,87,960	Rs 1,03,002
Net Loss:	Rs (1,36,628)	Rs (2,87,960)	Rs (1,03,002)
Basic EPS:	Rs (0.03)	Rs (0.06)	Rs (0.02)

Expense Analysis

The company's operational expenses for Q3FY26 totaled Rs 1,36,628, representing a decrease from the previous quarter's Rs 2,87,960. Employee benefit expenses remained stable at Rs 90,000, while other expenses decreased significantly to Rs 46,628 from Rs 1,97,959 in the previous quarter.

Expense Category:	Q3FY26 Amount
Employee Benefits:	Rs 90,000
Other Expenses:	Rs 46,628
Finance Costs:	Rs 0
Total Expenses:	Rs 1,36,628

Nine-Month Performance

For the nine months ended December 31, 2025, Shikhar Consultants reported a cumulative net loss of Rs 9,31,032 compared to Rs 7,99,583 in the corresponding period of the previous year. The nine-month performance indicates sustained operational challenges with total expenses reaching Rs 9,31,032.

Regulatory Compliance and Audit

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors during their meeting on February 11, 2026. The results have been subject to limited review by BMAKS & Associates, Chartered Accountants, the company's statutory auditors, in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015.

Meeting Details:	Information
Board Meeting Date:	February 11, 2026
Meeting Duration:	18:00 PM to 19:50 PM
Statutory Auditors:	BMAKS & Associates
Firm Registration:	121927W

The company operates primarily as a Non-Banking Financial Company (NBFC) and continues to maintain its registered office at A-41, Nandjyot Industrial Estate, Near Safed Pool, Andheri Kurla Road, Andheri (East), Mumbai.