USG Tech Solutions Limited has announced the appointment of Ms. Manju as Company Secretary and Compliance Officer, effective March 23, 2026. The decision was approved during a board meeting held on the same date, addressing the vacancy created by the resignation of the previous incumbent Ms. Rolly Tiwari.

Board Meeting Outcome

The Board of Directors convened on March 23, 2026, from 02:00 PM to 02:45 PM to transact and approve the appointment. The meeting was conducted in compliance with Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. The company has formally disclosed this appointment to the Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited as per regulatory requirements.

Appointment Details

Professional Background

Ms. Manju brings relevant qualifications and expertise to her new role. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) and holds a Bachelor's degree in Commerce from the University of Delhi, completed in 2021. The appointment reflects the company's commitment to maintaining robust corporate governance standards.

Role and Responsibilities

In her capacity as Company Secretary and Compliance Officer, Ms. Manju will be entrusted with overseeing the company's compliance with various regulatory frameworks. Her responsibilities include ensuring adherence to the Companies Act, 2013, Secretarial Standards, SEBI Regulations, and other applicable laws and regulations, including listed entity compliance requirements.

The company noted that she brings a committed, detail-oriented, and regulatory-focused approach to her role, ensuring adherence to best governance practices. The appointment has been formally communicated to stock exchanges as required under SEBI regulations, with Managing Director Servesh Gupta signing the disclosure document.

USG Tech Solutions Limited announced its unaudited financial results for the third quarter ended December 31, 2025, demonstrating significant improvement in its loss position. The Board of Directors approved these results at their meeting held on February 13, 2026, pursuant to Regulations 30 and 33 of SEBI (Listing Obligations & Disclosure Requirements) 2015.

Financial Performance Overview

The company's standalone financial performance showed marked improvement during Q3FY26:

The substantial reduction in losses was primarily driven by significantly lower expenditure levels. Other expenses decreased from ₹16.57 lakhs in Q3FY25 to ₹1.60 lakhs in Q3FY26, while employee benefit expenses reduced from ₹2.87 lakhs to ₹0.50 lakhs.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company reported:

Consolidated Results

The consolidated financial results, which include subsidiaries RI Pty Ltd., Niskarsh Properties Private Limited, and Zeal Apartment LLP, showed:

Board Appointment

The Board of Directors approved the appointment of Mr. Ashish Gupta (DIN-03102835) as Additional Non-Executive Director effective February 13, 2026. Mr. Gupta is a dynamic entrepreneur and law graduate with over 20 years of experience in the automobile industry as a car dealership proprietor. He brings structured, compliance-oriented, and analytical expertise to the company's operations.

Shareholding Structure

The company's shareholding pattern remained unchanged during the quarter:

USG Tech Solutions continues to operate primarily in software development and IT services as a single business segment. The company reported no shareholder complaints during the quarter and maintained its focus on cost optimization while working toward operational efficiency.