Sikozy Realtors clarifies delay in Director resignation intimation

Sikozy Realtors Limited clarified to the BSE that the delay in intimating the resignation of Ms. Sonali Dighe was due to her resignation email being inadvertently delivered to the company's spam folder. The company stated that the communication was discovered on June 18, 2026, following which the exchange was notified immediately. The director ceased to be a Non-Executive Independent Director effective June 16, 2026, owing to an inability to devote time and attention to the office due to personal reasons.

The disclosure was submitted by Mangesh Kesarkar, Chief Financial Officer, on behalf of the Board of Directors. In the letter to the BSE dated June 23, 2026, the company confirmed that the delay was unintentional and due to circumstances beyond its control. It assured the exchange of its commitment to timely compliance with all disclosure requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Cessation

The following table outlines the specifics regarding the change in the board of directors:

Name of Director	Reason for change	Date of cessation	Detailed Reason
Ms. Sonali Dighe	Cessation	June 16, 2026	Inability to devote time and attention to the office of Independent Director due to personal reason and due to which unable to attend the Board Meetings.

Ms. Dighe confirmed in her resignation letter dated June 15, 2026, that there were no other material reasons for tendering the resignation other than those stated. She expressed gratitude to the Board and management for their support and cooperation during her tenure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+9.70%	+38.17%	+90.53%	+82.83%	+48.36%

Sikozy Realtors Limited reported a widened net loss of ₹36.43 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹17.15 lakh in the previous year. The real estate company recorded revenue from operations of ₹14 lakh for FY26, a significant increase from zero in the prior year, while total expenses rose to ₹37.92 lakh from ₹18.58 lakh. The board approved the audited standalone financial results at its meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company posted a net loss of ₹14.63 lakh, with no revenue from operations during the period. Total expenses for the quarter amounted to ₹9.66 lakh, driven by employee benefits expenses and finance costs. The statutory auditor, BKG & Associates, issued an unmodified opinion on the audited financial results for the year.

The financial statements indicate that the company operates in a single segment, construction. Paid-up equity share capital remained constant at ₹445.83 lakh during the year. The basic and diluted earnings per share (EPS) for FY26 stood at a loss of ₹0.082, compared to a loss of ₹0.038 in the previous year.

Financial Performance for FY26

The following table outlines the key financial metrics for Sikozy Realtors Limited for the year ended March 31, 2026, compared to the prior year:

Particulars	Year Ended 31-03-2026 (₹ in Lacs)	Year Ended 31-03-2025 (₹ in Lacs)
Revenue from Operations	14.00	0.00
Total Income	14.00	1.43
Total Expenses	37.92	18.58
Profit/(Loss) before Tax	(23.92)	(17.15)
Net Profit/(Loss)	(36.43)	(17.15)

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹25.58 lakh, a decrease from ₹50.49 lakh in the previous year. Current assets declined to ₹25.57 lakh from ₹50.48 lakh, primarily due to a reduction in trade receivables and cash balances. Total equity and liabilities also contracted to ₹25.58 lakh from ₹50.49 lakh over the same period.

Current liabilities increased to ₹56.46 lakh from ₹44.93 lakh, largely driven by higher borrowings which rose to ₹51.44 lakh from ₹29.87 lakh. The equity section reflected a deficit of ₹30.88 lakh, a shift from the positive equity of ₹5.56 lakh recorded in the prior year.