Eforu Entertainment Limited (formerly Tavernier Resources Limited) announced its unaudited financial results for the quarter and nine months ended December 31, 2025, during a board meeting held on February 11, 2026. The company demonstrated positive performance with profitable operations across both quarterly and nine-month periods.

Financial Performance Overview

The company's financial results showed strong profitability for the reporting period. For the quarter ended December 31, 2025, Eforu Entertainment recorded revenue from operations of ₹31.48 lakhs, complemented by other income of ₹12.49 lakhs, bringing total income to ₹43.97 lakhs.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company achieved substantial growth in its operational metrics. Revenue from operations reached ₹132.92 lakhs, with other income contributing ₹13.26 lakhs, resulting in total income of ₹146.18 lakhs. After accounting for total expenses of ₹58.05 lakhs, the company reported a net profit of ₹88.13 lakhs for the nine-month period.

Expense Structure and Profitability

The company's expense management showed variation across quarters. Major expense categories included employee benefits expenses of ₹8.65 lakhs and other expenses of ₹21.63 lakhs for Q3FY26. Finance costs remained minimal at ₹0.01 lakhs, while depreciation expenses were nil for the quarter.

Leadership Changes

The Board of Directors approved a significant organizational change during the meeting. Mr. Prashant Kanubhai Modi (DIN No: 06998991) has been redesignated from Non-Executive Non-Independent Director to Chief Executive Officer of the company. This leadership transition reflects the company's strategic focus on strengthening its executive management structure.

Earnings Per Share and Capital Structure

The company maintained its paid-up equity share capital at ₹597.90 lakhs, consisting of 59,79,000 shares of ₹10 each. Basic and diluted earnings per share for Q3FY26 stood at ₹0.23, while the nine-month period showed earnings per share of ₹1.47. The board meeting, which commenced at 12:00 p.m. and concluded at 12:45 p.m., was held at the company's registered office in Ahmedabad, with results reviewed by the audit committee and approved by statutory auditors H.S. Jani & Associates.

EFORU Entertainment Limited (formerly Tavernier Resources Limited) has announced a significant leadership transition with the appointment of Mr. Prashant Kanubhai Modi as Chief Executive Officer, effective February 12, 2026. The Board of Directors approved this strategic change during their meeting on February 11, 2026, marking a new chapter in the company's leadership structure.

CEO Appointment and Regulatory Compliance

The Board of Directors approved the change in designation of Mr. Prashant Kanubhai Modi (DIN No: 06998991) from Non-Executive Non-Independent Director to Chief Executive Officer. The transition process involved Modi's resignation from his directorial position with effect from the closing business hours of February 11, 2026, followed by his appointment as CEO from February 12, 2026.

The appointment was made based on the recommendation of the Nomination and Remuneration Committee. Modi brings over 15 years of experience in sales and marketing to his new role, possessing requisite qualifications, skills, and demonstrated expertise in business operations, strategic leadership, and corporate governance.

Regulatory Documentation and Compliance

The company has ensured full compliance with regulatory requirements for the leadership change. Modi has provided written consent to act as Chief Executive Officer and confirmed that he is not disqualified under any provisions of the Companies Act, 2013. In accordance with BSE Circular Reference No. LIST/COMP/14/2018-19, he has confirmed that he is not debarred from holding the office of Chief Executive Officer by any regulatory authority including SEBI.

The leadership transition complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company has submitted all requisite documentation to BSE Limited.

Corporate Structure and Governance

Modi is not related to any other Director of the Company and holds 450 shares in EFORU Entertainment Limited. The Board meeting was conducted at the company's registered office at A 37, Capital Commercial Centre, Near Sanyas Ashram, Opp Townhall, Ashram Road, Ahmedabad, Gujarat. The meeting was presided over by Whole Time Director Mokshaben Ravjibhai Patel (DIN: 10712712), who signed the regulatory intimation.

Company Operations and Contact Information

EFORU Entertainment Limited operates under CIN: L59111GJ1994PLC170267 and maintains its registered office in Ahmedabad, Gujarat. The company can be contacted at +919558674210 and infoe4uindia@gmail.com , with its website at www.tavernier.in . The leadership change represents a strategic move to strengthen the company's operational capabilities under Modi's experienced guidance in sales and marketing domains.