Vasudhagama Enterprises Limited Announces Director Resignation

1 min read     Updated on 02 Apr 2026, 02:26 PM
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AI Summary

Vasudhagama Enterprises Limited has announced the resignation of Director Mr. Aniket Kishore Mahale (DIN 09571996) effective March 25, 2026. The company formally communicated this development to BSE Limited on March 30, 2026, in compliance with SEBI LODR Regulation 30. The intimation was signed by Director Mr. Bhavik Balvantray Naiya, ensuring proper regulatory disclosure of this board-level change.

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Vasudhagama Enterprises Limited has formally notified BSE Limited regarding a key board-level change, announcing the resignation of Director Mr. Aniket Kishore Mahale effective March 25, 2026. The company communicated this development through an official intimation dated March 30, 2026, ensuring compliance with regulatory requirements.

Regulatory Compliance and Communication

The resignation intimation was submitted pursuant to the provisions of Regulation 30 of SEBI LODR (Securities and Exchange Board of India Listing Obligations and Disclosure Requirements). This regulation mandates listed companies to disclose material events and information that could impact investor decisions.

Parameter: Details
Resigning Director: Mr. Aniket Kishore Mahale
Director Identification Number: 09571996
Effective Date: March 25, 2026
Intimation Date: March 30, 2026
Regulatory Framework: SEBI LODR Regulation 30

Company Background

Vasudhagama Enterprises Limited, formerly known as Ozone World Limited, operates under CIN L65910GI1989PLC012835. The company maintains its registered office at 703, 7th Floor, Prahlad Nagar trade centre (PNTC), Block no F, Vejalpur, Ahmedabad, Gujarat- 380001.

Board Communication

The formal resignation intimation was signed by Mr. Bhavik Balvantray Naiya, Director of Vasudhagama Enterprises Limited, bearing DIN 08675412. The communication was addressed to BSE Limited at its Ground Floor, P.J. Tower, Dalal Street, Mumbai- 400001 location, referencing the company's scrip code 539291.

The company has requested BSE Limited to take the resignation information on record, completing the necessary regulatory disclosure process for this board-level change.

Who will replace Mr. Aniket Kishore Mahale on the board and what expertise will the new director bring to Vasudhagama Enterprises?

How might this board change affect Vasudhagama Enterprises' strategic direction and ongoing business operations?

Will this resignation trigger any changes in the company's board committees or governance structure?

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Vasudhagama Enterprises Limited Reports Mixed Q3FY26 Financial Results

2 min read     Updated on 11 Mar 2026, 07:57 PM
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Vasudhagama Enterprises Limited reported mixed Q3FY26 results with standalone operations showing a net loss of ₹4.87 lakhs compared to ₹0.72 lakhs profit in Q3FY25, while consolidated operations recorded a loss of ₹7.43 lakhs against ₹4.08 lakhs profit in the previous year. However, nine-month performance showed profits of ₹6.26 lakhs for standalone and ₹6.61 lakhs for consolidated operations. The results were approved by the Board on March 11, 2026.

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Vasudhagama Enterprises Limited (formerly Ozone World Limited) has announced its unaudited financial results for the quarter ended December 31, 2025, revealing mixed performance across standalone and consolidated operations. The company's Board of Directors approved these results on March 11, 2026, following review by the Audit Committee.

Standalone Financial Performance

The company's standalone operations faced challenges during Q3FY26, recording a net loss despite minimal operational activity. The financial metrics highlight the company's current operational status:

Metric Q3FY26 Q3FY25 Change
Revenue from Operations ₹0.00 lakhs ₹33.91 lakhs -100%
Other Income ₹0.998 lakhs ₹0.00 lakhs -
Total Income ₹0.998 lakhs ₹33.91 lakhs -97.1%
Net Profit/Loss ₹-4.87 lakhs ₹0.72 lakhs -
Basic EPS ₹-0.01 ₹0.00 -

The company reported no revenue from operations in Q3FY26, compared to ₹33.91 lakhs in the corresponding quarter of the previous year. Total expenses for the quarter stood at ₹7.49 lakhs, primarily comprising employee benefit expenses of ₹2.61 lakhs and depreciation of ₹3.07 lakhs.

Consolidated Results Show Revenue Activity

Consolidated financial results, which include subsidiaries Zecrom Enterprises Private Limited and Digigames Private Limited, showed operational revenue activity:

Metric Q3FY26 Q3FY25 Change
Revenue from Operations ₹8.71 lakhs ₹71.12 lakhs -87.8%
Total Income ₹9.71 lakhs ₹71.12 lakhs -86.3%
Net Profit/Loss ₹-7.43 lakhs ₹4.08 lakhs -
Basic EPS ₹-0.02 ₹0.01 -

Consolidated operations generated ₹8.71 lakhs in revenue from operations, though this represents a significant decline from ₹71.12 lakhs in Q3FY25. Total consolidated expenses reached ₹21.14 lakhs, with depreciation being the largest component at ₹14.51 lakhs.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, presented a different picture for both standalone and consolidated operations:

Standalone Nine-Month Results:

  • Total Income: ₹63.46 lakhs
  • Net Profit: ₹6.26 lakhs
  • Basic EPS: ₹0.01

Consolidated Nine-Month Results:

  • Revenue from Operations: ₹36.80 lakhs
  • Total Income: ₹100.26 lakhs
  • Net Profit: ₹6.61 lakhs
  • Basic EPS: ₹0.02

Corporate Governance and Compliance

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for Interim Financial Reporting. Shweta Jain & Co LLP, Chartered Accountants, conducted the limited review of both standalone and consolidated results as required under Regulation 33 of SEBI Listing Regulations.

Key board meeting details:

  • Meeting Date: March 11, 2026
  • Duration: 6:40 PM to 7:20 PM
  • Signatories: Jay Atul Parekh (Managing Director, DIN: 10686834) and Kunal Chatterjee (Director, DIN: 03630011)

The company operates from its registered office in Ahmedabad, Gujarat, and continues to maintain compliance with regulatory requirements despite the challenging quarterly performance.

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