Bharat Global Developers Ltd has announced a significant change in its key management personnel. Mr. Dheeraj Kumar Sahu, who held the position of Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP), has tendered his resignation effective November 30, 2025.

Resignation Details

Mr. Sahu cited personal reasons for his departure, stating that he has found a better opportunity elsewhere. The company has confirmed that there are no other reasons for his resignation beyond those provided in his resignation letter.

Company's Response

In response to this development, Bharat Global Developers Ltd has initiated the process of shortlisting potential candidates to fill the vacant position. The company has assured stakeholders that the selection process will be completed within the prescribed timelines as per SEBI (LODR) Regulations.

Compliance with SEBI Regulations

This announcement is in line with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prompt disclosure of such changes in key management positions.

Key Information

Bharat Global Developers Ltd has stated that it will make the required disclosure pursuant to the appointment of a new Company Secretary and Compliance Officer at the relevant time.

Investors and stakeholders are advised to keep an eye on further announcements from the company regarding the appointment of a new Company Secretary and Compliance Officer.

Bharat Global Developers Ltd , previously known as Kkrrafton Developers Ltd, has released its unaudited financial results for the quarter and half year ended September 30, 2025, showing a profitable performance amid changes in its board composition.

Financial Performance

For the quarter ended September 30, 2025, Bharat Global Developers reported:

The company's revenue for the quarter stood at Rs 616.42 lakhs, primarily driven by its agricultural products segment, which accounted for the entire revenue during this period.

Segment-wise Performance

The company's operations are diversified across several segments, with agricultural products being the primary revenue generator for the quarter:

Other segments, including construction materials, gold, textile, and electronics, did not contribute to the revenue this quarter but remain part of the company's diverse portfolio.

Board Changes

The company announced significant changes to its board of directors:

1. Resignation: Mr. Tahir Mustufa Masalawala (DIN: 08681775) has resigned from his position as a Director, effective November 20, 2025.

2. New Appointment: Mr. Ketan Chavda (DIN: 11388522) has been appointed as an Additional Executive Director, subject to shareholder approval. His appointment is also effective from November 20, 2025.

Mr. Chavda brings five years of experience in management and administrative operations to the board. His expertise includes overseeing day-to-day business activities, handling documentation and compliance, and ensuring smooth organizational functioning.

Financial Position

As of September 30, 2025, Bharat Global Developers reported:

The company's balance sheet shows a diverse asset base, with significant investments in gold, textile, and agricultural products segments.

Cash Flow

For the half-year ended September 30, 2025, the company reported:

This indicates a positive operating cash flow and strategic investments during the period.

The financial results and board changes reflect Bharat Global Developers' ongoing efforts to strengthen its market position and governance structure.