Technojet Consultants has re-appointed Nitin Hariyantalal Datanwala as a Non-Executive Independent Director for a second consecutive five-year term. The appointment is effective from August 10, 2026, and runs until August 9, 2031, pending shareholder approval.

The Board of Directors approved the move during its meeting held on August 7, 2026, based on the recommendation of the Nomination and Remuneration Committee. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profile

Nitin Hariyantalal Datanwala (DIN: 00047544) brings over 50 years of experience in corporate laws, secretarial, legal, and financial matters. He is a qualified Chartered Accountant and Company Secretary who has handled finance, taxation, legal, and company secretarial functions in the corporate sector.

The filing confirms that Mr. Datanwala fulfills the criteria for independence and is not related to any other directors of the company. He is also not debarred from holding office by any order from SEBI or other authorities.

Regulatory Compliance

Technojet Consultants disclosed the re-appointment on August 21, 2026. The company acknowledged an inadvertent delay in making the disclosure despite generally adhering to compliance timelines. It assured that steps would be taken to ensure timely compliance in the future to avoid recurrence.

Technojet Consultants reported a net loss of ₹2.57 lakh for the quarter ended June 30, 2026, widening from a loss of ₹1.97 lakh in the corresponding period of the previous year. Total income from operations for Q1FY26 stood at ₹2.20 lakh, compared to ₹0.62 lakh in Q1FY25. The company's financial performance reflects continued pressure on profitability as total expenses outpaced income during the period.

The Board of Directors approved the unaudited financial results at a meeting held on July 15, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board. The financial statements were prepared in accordance with Indian Accounting Standard (Ind AS) 34 and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The extract of the results was published in Business Standard and Pratahkal on July 17, 2026.

Financial Performance

The company's total income for Q1FY26 rose to ₹2.20 lakh from ₹0.62 lakh in the same period last year. However, the net loss for the period before tax widened to ₹2.57 lakh from ₹1.97 lakh in Q1FY25. There were no exceptional items reported during the quarter. The earnings per share (EPS) for the quarter stood at a loss of ₹1.28 on a basic and diluted basis.

Key Financial Metrics (₹ in Lakh)

The paid-up equity share capital remained unchanged at ₹20 lakh, comprising 200,000 equity shares of ₹10 each fully paid-up. Other equity was nil for the quarter. The company stated there are no reportable segments as per Ind AS 108, 'Operating Segment'. The full format of the financial results is available on the BSE website and the company's website.