Winny Immigration & Education Services appointed Kiran Kishorbhai Joisher as Company Secretary and Compliance Officer, effective August 1, 2026. The Board of Directors approved the appointment on July 31, 2026, based on the recommendation of the Nomination and Remuneration Committee. This move ensures compliance with Section 203 of the Companies Act, 2013, regarding Key Managerial Personnel, and Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointment was disclosed to the National Stock Exchange of India Ltd under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Managing Director Shah Pranay Jayendrabhai signed the intimation from Ahmedabad.

Appointment Details

Kiran Kishorbhai Joisher brings professional qualifications relevant to corporate governance and compliance. She is an Associate member of The Institute of Company Secretaries of India (ICSI) with membership number A80689. Joisher passed the Company Secretary course in December 2024. She holds a Master degree in Commerce from Krantiguru Shyamji Krishna Verma Kachchh University.

The company did not disclose any relationships between directors in connection with this appointment. The filing confirms that Joisher will serve as a Key Managerial Personnel pursuant to statutory requirements.

Winny Immigration & Education Services reported a widened net loss of ₹632.71 lakh for the financial year ended March 31, 2026, compared to a loss of ₹463.13 lakh in the previous year. Revenue from operations fell sharply to ₹224.95 lakh from ₹818.63 lakh in FY25, reflecting continued operational challenges. The statutory auditors have flagged a material uncertainty regarding the company's ability to continue as a going concern, dependent on strategic initiatives and market conditions.

The Board of Directors approved the audited standalone financial results for the year and half-year ended March 31, 2026, at a meeting held on May 27, 2026. B N P S and Associates LLP, the statutory auditors, issued an unmodified opinion on the annual results but drew attention to the losses incurred. The auditors also emphasized the non-recognition of deferred tax assets on carried forward losses due to the absence of virtual certainty of future taxable profits.

Total income for FY26 stood at ₹251.22 lakh, a steep decline from ₹847.94 lakh in the previous year. Total expenses for the year were reported at ₹735.13 lakh, lower than the ₹1,467.62 lakh recorded in FY25. The company’s basic and diluted earnings per share for FY26 were recorded at a loss of ₹29.16, compared to a loss of ₹22.97 in the prior year.

Financial Performance

The company’s financial statements for the year ended March 31, 2026, reflect the following key figures:

IPO Fund Utilization

The company provided a certificate confirming that proceeds raised through its Initial Public Offering (IPO) dated June 25, 2024, were utilized for approved purposes. Following shareholder approval in November 2025, the objects of the issue were modified to include licensing an AI-enabled CRM system and obtaining an Overseas Recruitment Agent license. As of March 31, 2026, ₹558.21 lakh had been utilized out of the total revised amount of ₹912.80 lakh, leaving ₹354.59 lakh unutilized.

In a separate regulatory filing, the company announced the re-appointment of Siddharth N. Shah & Associates as internal auditors for the financial year 2026-27, based on the recommendation of the Audit Committee.