Cella Space Limited Issues Revised Disclosure on Director Re-appointment and BSE Penalty

2 min read     Updated on 06 Feb 2026, 07:39 PM
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Reviewed by
Suketu GScanX News Team
Overview

Cella Space Limited has issued a revised regulatory disclosure regarding the re-appointment of Mr. Akhilesh Agarwal as Additional Director and a BSE penalty matter. Mr. Agarwal, who completed his five-year term as Independent Director on September 11, 2025, has been re-appointed as Additional Director (Non-Executive and Non-Independent) from January 23, 2026, subject to shareholder approval. Additionally, BSE has imposed a penalty of Rs. 16,68,947/- for non-compliance with Regulation 33 regarding submission of auditor's report with financial statements for 2016-17. The company has paid the penalty while applying for its waiver and states no material operational impact.

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Cella Space Limited has issued a revised disclosure to BSE on February 6, 2026, regarding director re-appointment and penalty matters under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure supersedes earlier filings dated January 23, 2026, and January 27, 2026.

Director Re-appointment Details

Mr. Akhilesh Agarwal (DIN: 00918838) ceased to be Independent Director of the company upon completion of one term of five consecutive years on September 11, 2025. The company acknowledged that due to oversight, these details were not filed with the stock exchange within the required 24-hour timeframe.

Parameter Details
Name & Designation Mr. Akhilesh Agarwal
Reason for Change Re-appointed as Additional Director (Non-Executive & Non-Independent) upon completion of five-year tenure as Independent Director
Re-appointment Date January 23, 2026
Term Until next Annual General Meeting
Relationship Not related to any director of the company

Mr. Agarwal brings over 20 years of experience in the stock market and serves as a national executive member of the Stock Broker Association. His re-appointment is subject to shareholder approval, and the company emphasizes full compliance with Regulation 17 regarding board composition at all times.

BSE Penalty Matter

BSE Limited has levied a penalty on the company for alleged non-compliance with regulatory requirements. The penalty relates to non-submission of auditor's report along with financial statements for the year 2016-17 under Regulation 33 of SEBI LODR Regulations.

Penalty Details Information
Authority BSE Limited
Penalty Amount Rs. 16,68,947/-
Communication Date December 1, 2025
Violation Non-submission of auditor's report with financial statements for 2016-17
Company Action Penalty paid; waiver application submitted

Company Response and Impact

Cella Space Limited has paid the applicable penalty to BSE but has simultaneously made a representation for waiver of the Rs. 16,68,947/- penalty amount. The company states that there is no material impact on its financial, operational, or other activities due to this penalty matter.

The revised disclosure ensures compliance with sub-para 20 of Para A of Part A of Schedule III of SEBI LODR Regulations, 2015, and provides comprehensive details as required under the regulatory framework. The company has requested BSE to ignore the earlier disclosures and take the current revised disclosure on record.

Historical Stock Returns for Cella Space

1 Day5 Days1 Month6 Months1 Year5 Years
+3.73%+10.32%+2.58%+6.84%+10.32%+175.79%

Cella Space Limited and Nuvama Wealth Management Limited Report Q3 FY26 Financial Results

2 min read     Updated on 25 Jan 2026, 11:59 AM
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Reviewed by
Ashish TScanX News Team
Overview

Cella Space Limited and Nuvama Wealth Management Limited announced Q3 FY26 results with contrasting performances. Cella Space reported revenue of Rs 72.44 lakhs but posted a net loss of Rs 43.48 lakhs for the quarter, while showing positive nine-month results with comprehensive income of Rs 130.68 lakhs. Nuvama demonstrated strong performance with Q3 revenue of Rs 1,105.98 crores and net profit of Rs 253.62 crores, reflecting 6.86% revenue growth year-over-year.

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Cella Space Limited and Nuvama Wealth Management Limited have released their unaudited financial results for the quarter ended December 31, 2025, presenting contrasting performance trajectories in their respective business segments.

Cella Space Limited Financial Performance

Cella Space Limited reported mixed results for the third quarter of FY26, with revenue declining compared to the previous year while showing improvement in nine-month performance.

Metric Q3 FY26 9M FY26 Q3 FY25
Total Income from Operations Rs 72.44 lakhs Rs 508.13 lakhs Rs 88.90 lakhs
Net Profit Before Tax Rs 13.67 lakhs Rs 187.83 lakhs Rs 22.53 lakhs
Net Profit After Tax (Rs 43.48 lakhs) Rs 130.68 lakhs Rs 22.53 lakhs
Earnings Per Share (Basic) (Rs 0.22) Rs 0.65 Rs 0.11

The company's quarterly performance showed a decline in total income from operations to Rs 72.44 lakhs in Q3 FY26, down from Rs 88.90 lakhs in the corresponding quarter of the previous year. Despite generating a profit before tax of Rs 13.67 lakhs, the company reported a net loss of Rs 43.48 lakhs after tax for the quarter.

However, the nine-month performance presents a more positive picture, with total comprehensive income reaching Rs 130.68 lakhs for the period ended December 31, 2025. The company maintained its equity share capital at Rs 2,015.12 lakhs with a face value of Rs 10 per share.

Nuvama Wealth Management Strong Quarter

Nuvama Wealth Management Limited delivered robust financial results for Q3 FY26, demonstrating strong growth across key metrics.

Financial Metric Q3 FY26 Q3 FY25 Growth (%)
Total Income from Operations Rs 1,105.98 crores Rs 1,034.99 crores +6.86%
Net Profit Before Tax Rs 339.98 crores Rs 334.08 crores +1.77%
Net Profit After Tax Rs 253.62 crores Rs 251.71 crores +0.76%
Basic EPS Rs 14.02 Rs 14.08 (0.43%)

The wealth management company reported total income from operations of Rs 1,105.98 crores for Q3 FY26, representing a 6.86% increase from Rs 1,034.99 crores in the same quarter last year. Net profit after tax stood at Rs 253.62 crores, showing steady growth from Rs 251.71 crores in Q3 FY25.

For the nine-month period ended December 31, 2025, Nuvama reported total income of Rs 3,368.52 crores compared to Rs 3,044.51 crores in the corresponding period of the previous year. The company's net profit after tax for nine months reached Rs 771.47 crores, up from Rs 729.79 crores in the previous year.

Key Financial Ratios and Capital Structure

Nuvama Wealth Management maintained a strong capital structure with net worth of Rs 3,839.14 crores as of December 31, 2025. The company's debt-equity ratio stood at 2.60, while the interest service coverage ratio was 2.43 for the quarter.

Capital Structure Metrics Q3 FY26 Q3 FY25
Paid-up Equity Share Capital Rs 36.36 crores Rs 35.88 crores
Net Worth Rs 3,839.14 crores Rs 3,216.34 crores
Debt Equity Ratio 2.60 2.35

Both companies' financial results were approved by their respective boards of directors at meetings held on January 23, 2026, and have been subjected to limited review by statutory auditors.

Historical Stock Returns for Cella Space

1 Day5 Days1 Month6 Months1 Year5 Years
+3.73%+10.32%+2.58%+6.84%+10.32%+175.79%

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1 Year Returns:+10.32%