Acme resources Limited has announced the resignation of its Secretarial Auditor, Vikas Gera & Associates, effective February 09, 2026. The disclosure was made in compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Vikas Gera & Associates, Practising Company Secretaries serving as the Secretarial Auditor of the company, tendered their resignation through a letter dated February 09, 2026. The resignation becomes effective immediately from the same date.

Regulatory Compliance

The company has made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III to the said Regulations. The disclosure also complies with multiple SEBI circulars including:

• SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
• SEBI no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
• SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024

Key Disclosure Information

As per the regulatory requirements, the company has confirmed that the auditor has not raised any concerns or issues during their tenure. No other material reasons were cited for the resignation beyond the stated pre-occupation with other professional assignments.

Company Information

ACME Resources Limited is registered with CIN L65993DL1985PLC314861 and has its registered office at 984, 9th Floor, Aggarwal Cyber Plaza-II, Netaji Subhash Place, Pitampura, New Delhi-110034. The disclosure was signed by Ravin Saluja, Managing Director (DIN: 00289305), on behalf of the Board of Directors.

The resignation letter from Vikas Gera & Associates requested the Board to ensure that necessary intimations, disclosures, and filings as required under applicable laws are made with the concerned authorities.

Acme Resources Limited , a base layer NBFC, has released its financial results for the quarter ended September 30, 2025, revealing a significant decline in revenue and profit compared to the same period last year. The company also faces ongoing challenges with the Income Tax Department, which could impact its financial position.

Financial Performance

The company's standalone and consolidated financial results for Q2 FY2026 are as follows:

The standalone figures show a significant year-over-year decline in both revenue and profit. However, on a consolidated basis, the company has managed to increase its revenue from the previous year.

Tax Department Challenges

Acme Resources is currently facing several challenges with the Income Tax Department:

1. Provisional Attachment: During the financial year 2023-24, the Income Tax Department provisionally attached inventory worth Rs. 543.92 lakhs. Of this, Rs. 115.80 lakhs has been released against a bank guarantee.

2. Tax Demand Notices: The company has received substantial tax demand notices for multiple assessment years:

   • Assessment Year 2015-16: Rs. 3,060.28 lakhs
   • Assessment Year 2016-17: Rs. 5,270.35 lakhs
   • Assessment Year 2023-24: Rs. 734.89 lakhs

Acme Resources has challenged these demands before the Commissioner of Income Tax (Appeals).

Company Structure

Acme Resources Limited operates as a base layer NBFC and has two subsidiaries:

1. Ojas Suppliers Limited
2. Atul Agro Private Limited

Auditor's Review

H.N. Pradhan & Co., Chartered Accountants, conducted an independent review of the company's financial results. They noted the tax-related issues in their report but did not modify their conclusion based on these matters.

Outlook

While the company faces significant challenges, particularly with regard to tax demands, it's important to note that these issues are under appeal. The outcome of these appeals could have a material impact on the company's financial position in the future.

Investors and stakeholders should closely monitor the progress of the tax appeals and the company's ability to manage its financial performance in the face of these challenges. The divergence between standalone and consolidated revenue performance also warrants attention, as it may indicate differing fortunes across the group's entities.