Thakkers developers Limited has announced significant board changes following its meeting held on March 26, 2026, involving the resignation of one director and the appointment of a new board member. The board meeting was conducted at the company's registered office and commenced at 1:00 PM, concluding at 4:00 PM.

Director Resignation Details

Mrs. Poonam Rajendra Thakker (DIN: 07160253) has stepped down from her position as Director and Woman Director of the company, effective after closure of business hours on March 26, 2026. The resignation was attributed to her pre-occupation elsewhere, preventing her from devoting adequate time to company affairs.

New Director Appointment

The board simultaneously approved the appointment of Ms. Vidhi Narendra Thakker (DIN: 07957337) as Additional and Whole Time Director, also serving as Woman Director. The appointment is subject to shareholder approval and will be effective from March 26, 2026.

Professional Background

Ms. Vidhi Narendra Thakker brings valuable expertise to the board with her legal background and specialized knowledge in real estate matters. Her qualifications include law graduate credentials with sound knowledge of real estate legal matters, strong background in the real estate sector, and expertise in investment strategy and business development. She is not debarred from holding directorship by any regulatory authority.

Regulatory Compliance and Documentation

The board changes were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the necessary documentation with BSE Limited under scrip code 526654. All required annexures including resignation details, acknowledgment letters, and appointment particulars have been submitted as per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026.

The company expressed appreciation for Mrs. Poonam Rajendra Thakker's valuable contribution during her tenure as director. All necessary regulatory filings and shareholder approvals for the new appointment will be processed according to prescribed procedures.

Thakkers Developers Limited has delivered strong financial performance in Q3FY26, demonstrating robust growth across revenue and profitability metrics. The real estate development company's latest results showcase improved operational efficiency and business momentum.

Financial Performance Highlights

The company's quarterly performance shows significant improvement across all major financial parameters. Revenue growth has been particularly noteworthy, with the company expanding its market presence effectively.

Nine-Month Performance Analysis

The nine-month results demonstrate consistent growth trajectory with sustained profitability improvements. Total income for the nine months ended December 31, 2025 reached ₹1484.26 lakhs compared to ₹1240.94 lakhs in the corresponding period of the previous year.

Segment-wise Business Performance

The company operates through two primary business segments: Construction & Contract Related Activity and Estate Dealing & Development Activity. Both segments have contributed to the overall growth story.

Balance Sheet Strength

The company maintains a strong balance sheet position with total assets of ₹20005.51 lakhs as of December 31, 2025. The asset composition reflects a balanced mix of current and non-current assets, supporting operational requirements and growth initiatives.

Consolidated Results Overview

On a consolidated basis, the company reported even stronger performance with total income of ₹1523.91 lakhs for Q3FY26 and net profit of ₹504.53 lakhs. The consolidated nine-month results show total income of ₹3421.50 lakhs with net profit of ₹718.03 lakhs, reflecting the contribution from subsidiary operations.

Board Approval and Compliance

The Board of Directors approved these unaudited financial results at their meeting held on February 14, 2026. The company's statutory auditors have issued an unmodified opinion on the financial statements, confirming compliance with applicable accounting standards. The results were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and other accounting principles generally accepted in India.