Suvidha Infraestate Corporation has announced the retirement of Ms. Jaini Vyom Shah as Non-Executive Independent Director upon completion of her second term on 31st March, 2026. The company informed BSE Limited about this directorial change in compliance with regulatory requirements.

Director Retirement Details

Ms. Jaini Vyom Shah (DIN: 07476027) ceased to be an Independent Director of the company on 31st March, 2026, following the completion of her tenure. The retirement occurred as her second term as Non-Executive Independent Director reached its natural conclusion.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the required disclosure to BSE Limited with company code 531640, ensuring full compliance with listing regulations.

Management Acknowledgment

The Board of Directors and Management of Suvidha Infraestate Corporation Limited placed on record their deep appreciation for the contributions made by Ms. Jaini Vyom Shah during her association with the company over the years. The retirement represents the natural conclusion of her directorial tenure rather than any performance-related departure.

Company Leadership

The announcement was signed by Kishore Kumar K. Goswami, Managing Director (DIN: 00289644), who communicated the directorial change to the stock exchange on behalf of the company. The formal notification ensures transparency and keeps stakeholders informed about changes in the company's board composition.

Suvidha Infraestate Corporation , a company primarily engaged in the construction of residential and commercial complexes, has reported its financial results for the quarter ended September 30, 2025, along with key management changes.

Financial Performance

The company's financial results for Q2 FY2026 show continued challenges:

The company reported no revenue for the quarter and half-year, indicating a lack of operational activity. The slight increase in quarterly loss and marginal decrease in half-yearly loss suggest ongoing financial strain.

Key Management Changes

The Board of Directors has approved two key appointments:

1. Mr. Abhijeet Goswami has been appointed as an Additional Non-Executive Director, effective November 1, 2025. This appointment is subject to shareholder approval at the upcoming General Meeting.

2. Mr. Goswami has also been named the new Chief Financial Officer (CFO) of the company, effective from the same date.

Company Outlook

Suvidha Infraestate faces significant challenges:

• The company reports accumulated losses and is not currently engaged in any gainful economic activities.
• Management notes there is no virtual certainty that these losses will be recouped in the foreseeable future.

Financial Position

As of September 30, 2025:

• Total Assets: Rs. 216.05 lakh
• Total Equity: Rs. (243.43) lakh (negative)
• Current Liabilities: Rs. 370.11 lakh

The negative equity position and substantial current liabilities highlight the company's financial distress.

Conclusion

Suvidha Infraestate Corporation continues to face significant financial and operational challenges. The appointment of a new director and CFO may signal efforts to address these issues, but the company's path to profitability remains uncertain given the lack of current revenue-generating activities and accumulated losses.