Callista Industries Limited has officially announced the appointment of Ms. Khushboo Bidawatka as Company Secretary and Compliance Officer, effective February 23rd, 2026. The appointment was formally approved during a Board of Directors meeting held at the company's registered office and has been communicated to BSE Limited under regulatory compliance requirements.

Board Meeting Outcome

The Board of Directors convened on February 23rd, 2026, with the meeting commencing at 10:30 A.M. and concluding at 11:00 A.M. The primary agenda item was the appointment of Ms. Khushboo Bidawatka to the critical role of Company Secretary and Compliance Officer. The meeting outcome was formally communicated to BSE Limited under scrip code 539335.

Professional Profile of Ms. Khushboo Bidawatka

Ms. Khushboo Bidawatka brings impressive qualifications and extensive experience to her new role. She is a qualified Company Secretary with strong academic credentials in commerce and management. Her educational background includes B.Com, M.Com (Management), MBA (Marketing), and she is pursuing LL.B., demonstrating her commitment to continuous professional development.

Academic and Professional Achievements

Ms. Bidawatka serves as an Assistant Professor and All India Faculty for CA & CS Law subjects, showcasing her expertise in corporate legal matters. Her research contributions have been recognized at national and international forums, including receiving the 2nd Best Research Paper Award. She has an impressive portfolio of publications in peer-reviewed and UGC Care journals.

Leadership and Professional Roles

Beyond her academic achievements, Ms. Bidawatka holds several leadership positions that demonstrate her commitment to professional development and industry advancement. She is Co-Founder of Shivay Publications and serves as an Editorial & Advisory Board Member. Her professional affiliations include being a Lifetime Member of the Maharashtra Teachers Commerce Association and former Chairperson of the Women Development Cell.

Regulatory Compliance and Disclosure

The appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11th, 2024. The company has confirmed that Ms. Bidawatka is not related to any existing Directors and is not debarred from holding office by virtue of any SEBI Order or other regulatory authority.

This strategic appointment reinforces Callista Industries Limited's commitment to maintaining robust corporate governance standards and regulatory compliance. Ms. Bidawatka's extensive qualifications and proven track record in corporate laws, financial management, and compliance make her well-positioned to contribute to the company's continued growth and regulatory adherence.

Callista Industries Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, revealing significant operational challenges with a substantial increase in net losses compared to the previous year. The Board of Directors approved these results during their meeting held on February 11, 2026, along with addressing key governance changes.

Financial Performance Overview

The company's financial performance for Q3FY26 showed a marked deterioration compared to the corresponding period in the previous fiscal year. The following table summarizes the key financial metrics:

Revenue and Income Analysis

For the quarter ended December 31, 2025, Callista Industries reported total income of ₹14.56 lacs, which came entirely from other income sources. The company recorded no income from operations during this period, similar to the previous quarters. This represents a notable change from Q3FY25, when the company had minimal other income of ₹0.04 lacs for the full year.

Expense Structure and Cost Management

The company's expense profile revealed significant cost pressures during Q3FY26. Other expenses constituted the largest component at ₹46.39 lacs, representing a substantial increase from ₹1.20 lacs in Q3FY25. Additionally, the company recorded ₹16.36 lacs in change in inventories, which contributed to the overall expense burden. Finance costs remained minimal at ₹0.04 lacs for the quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company's cumulative performance showed:

Corporate Governance Updates

The Board of Directors addressed important governance matters during their February 11, 2026 meeting. Mrs. Bhavna Chouhan resigned from her position as Independent Director of the company, with the resignation taking effect from January 21, 2026. The company had previously submitted the required disclosure under Regulation 30 of SEBI (LODR) Regulations on the same date as her resignation.

Key Financial Highlights

The company maintains a paid-up equity share capital of ₹304.66 lacs with a face value of ₹10 per share, which remained unchanged throughout the reporting periods. The management noted that the company has fully written off closing stock based on their assessment that the inventory has become obsolete and is not expected to yield future economic benefits. This write-off was supported by written management representation and accounted for in accordance with applicable Indian accounting standards.

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The independent auditor's limited review was conducted by Ramanand & Associates, Chartered Accountants, who provided an unqualified review report on the quarterly financial statements.