Texmaco Infrastructure & Holdings , a prominent player in the infrastructure sector, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025, alongside significant management changes.

Financial Performance

The company reported a mixed financial performance for Q2 FY2026:

The revenue from operations saw a significant decrease from Rs 1,017.02 lakhs in the previous quarter to Rs 227.25 lakhs in Q2 FY2026. However, despite the revenue decline, the company managed to increase its net profit after tax substantially from Rs 60.73 lakhs to Rs 308.08 lakhs quarter-on-quarter.

Management Changes

Texmaco Infrastructure & Holdings has announced several key appointments and changes in its management structure:

1. New Managing Director: Mr. Anish Choudhury (DIN: 09403819) has been appointed as the Managing Director for a three-year term, effective November 11, 2025. Mr. Choudhury brings seventeen years of experience in management consulting and corporate strategy to the role.

2. Company Secretary Appointment: Mr. Rajat Arora (Membership No.- F12068) will take on the role of Company Secretary and Compliance Officer from November 10, 2025. Mr. Arora is a Fellow member of the ICSI with 14 years of experience in listed companies.

3. Business Head Designation: Mr. Arvind Kumar Chaubey has been re-designated from Manager to Business Head of the company, effective November 11, 2025.

4. Director Resignation: Mr. Prakash Chandra Kejriwal (DIN: 00964460) has stepped down from his position as Non-Executive Director due to other commitments, effective November 10, 2025.

Audit Review

The financial results for the quarter and half-year were reviewed by the statutory auditors, L.B. Jha & Co., who issued an unmodified opinion. The results were prepared in accordance with Ind-AS and based on the Limited Reviewed/Management certified accounts of its Subsidiaries & Associates.

These management changes and financial results reflect Texmaco Infrastructure & Holdings' efforts to strengthen its leadership team and navigate through the current economic landscape. The increase in net profit despite lower revenues suggests improved operational efficiency, which investors and stakeholders will likely monitor closely in the coming quarters.

Texmaco Infrastructure & Holdings Limited has announced the resignation of Prakash Chandra Kejriwal (DIN: 00964460) from its Board of Directors. The non-executive director will be relieved from his duties effective at the close of business on November 10, 2025.

Resignation Details

Kejriwal cited "other commitments" as the primary reason for his departure. In his resignation letter, he confirmed that there are no other material reasons for his decision to step down from the board.

Company Response

The company has duly informed the National Stock Exchange of India and BSE Limited about this development. Chief Financial Officer Ganesh Gupta signed the notification to the exchanges, which included the following key points:

Board Acknowledgment

In his resignation letter, Kejriwal expressed gratitude to the Board of Directors for their support during his tenure as a Director of the company. The exact duration of his service on the board was not specified in the available information.

Regulatory Compliance

Texmaco Infrastructure & Holdings Limited has adhered to Regulation 30 of the Listing Regulations by promptly disclosing this material event to the stock exchanges. The company's communication included Kejriwal's resignation letter as an annexure, ensuring transparency in the disclosure process.

This change in the board composition comes as Texmaco Infrastructure & Holdings Limited continues its operations in the infrastructure sector. The impact of Kejriwal's departure on the company's strategic direction, if any, remains to be seen as the board adjusts to this change in its non-executive leadership.