Aplab Limited has announced the resignation of Miss Uma Balakrishnan as Independent Director, effective from the close of business hours on January 19, 2026. The company informed the BSE through a regulatory filing under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Resignation Details

Miss Uma Balakrishnan (DIN: 07066021) submitted her resignation letter dated January 9, 2026, citing pre-occupation elsewhere as the primary reason for her departure. In her resignation letter, she stated that due to these pre-occupations, she would not be able to fulfill her responsibilities and duties toward the company.

Impact on Board Committees

Following her resignation as Independent Director, Miss Balakrishnan will also cease to be a member and chairperson of several key board committees. Her departure affects the composition of three critical committees within the company's governance structure.

Board's Acknowledgment

The Board of Directors has placed on record its appreciation for the valuable contribution and guidance provided by Miss Uma Balakrishnan during her association with the company as Independent Director. The company has confirmed that there are no other material reasons for her resignation beyond those mentioned in her resignation letter.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations by providing detailed information about the directorship change. The filing includes the resignation letter and confirms compliance with Para A(7B) of Part A of Schedule III of the SEBI Listing Regulations. Rajesh K. Deherkar, CFO & Company Secretary, signed the regulatory communication to the stock exchange.

Aplab Limited has announced its Q3FY26 financial results alongside key board changes, demonstrating a remarkable turnaround with significant profitability improvements. The electronics equipment manufacturer reported these developments following a Board of Directors meeting held on January 19, 2026, under Regulation 33 of SEBI LODR requirements.

Q3FY26 Financial Performance

The company delivered strong financial performance for the quarter ended December 31, 2025, marking a substantial recovery from the previous year's losses.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, showed sustained improvement across key financial parameters compared to the corresponding previous period.

Board Leadership Enhancement

The Board approved the appointment of Mr. Suresh Somchand Shah as Additional Director designated as Independent Director for a five-year term, effective January 19, 2026. The appointment is subject to approval by members in the forthcoming General Meeting.

Mr. Shah brings extensive industry expertise as the Founder and Managing Director of Sanimo Polymers Private Limited, a leading manufacturer and exporter of Polyester Dyed Yarn. Under his leadership since 1995, Sanimo Polymers commenced manufacturing operations in 2002 and has emerged as a pioneer in the Polyester Dyed Yarn market.

Operational Efficiency Improvements

Aplab Limited demonstrated significant cost management improvements during Q3FY26. Total expenses decreased to ₹1,169.91 lakhs from ₹2,481.43 lakhs in the corresponding quarter of the previous year. The company achieved better inventory management with a decrease in finished goods and work-in-progress inventories.

Regulatory Compliance and Governance

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. R. Bhargava & Associates, Chartered Accountants, issued a Limited Review Report confirming the results' compliance with Indian Accounting Standards and SEBI Listing Regulations. The board appointment disclosure was made under Regulation 30 of SEBI LODR Regulations, with the company confirming that none of the Directors are related to any other Director on the Board.