CESC Limited has announced key board appointments following a resolution passed by circulation on February 25, 2026. The decisions were made based on recommendations from the Nomination and Remuneration Committee and comply with SEBI listing regulations.

Board Appointments Overview

The company's board approved two significant directorial changes that strengthen its independent leadership structure:

Profile of New Director

Umang Kanoria - Industry Veteran

Mr. Umang Kanoria brings extensive industrial experience to CESC's board, particularly in the tea and textile sectors. He currently serves as Chairman and Managing Director of both Kanco Tea & Industries Limited and Kanco Enterprises Limited.

His leadership credentials include:

• Former President of the Indian Chamber of Commerce
• Former President of the Tea Association of India
• Former Chapter Chairman of YPO India

Educational Background:

• B.Com (Hons.) from St. Xavier's College, Kolkata
• MBA from IMD, Lausanne, Switzerland
• Associate Member of the Institute of Cost Accountants of India

Re-appointed Director Profile

Debanjan Mandal - Legal Expert

Mr. Debanjan Mandal's re-appointment for a second term reflects his valuable contribution to the board. He serves as Partner at Fox & Mandal, a multi-disciplinary law firm established in 1896, bringing over 20 years of post-qualification experience.

Areas of Expertise:

• Corporate and commercial laws
• Real estate and infrastructure
• Dispute resolution
• Mergers & acquisitions

Professional Memberships:

• Incorporated Law Society, High Court at Calcutta
• Supreme Court Bar Association
• International Bar Association (UK)
• Chairman of ICC National Expert Committee on Corporate & Legal Affairs

Regulatory Compliance

Both appointments comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30. The company has confirmed that neither director is debarred from holding directorial positions by SEBI or any other regulatory authority.

These strategic appointments are expected to enhance CESC's governance framework and bring diverse expertise to the board's decision-making processes.

CESC Limited announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, following a Board of Directors meeting held on February 6, 2026. The company submitted its unaudited financial results to the National Stock Exchange and BSE Limited under Regulation 33 of SEBI LODR regulations.

Standalone Financial Performance

The company reported standalone revenue from operations of ₹2,024 crore for Q3FY26, compared to ₹1,938 crore in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹176 crore, representing growth from ₹172 crore in Q3FY25.

Nine-Month Performance

For the nine months ended December 31, 2025, the company achieved revenue from operations of ₹7,562 crore compared to ₹7,437 crore in the corresponding period of the previous year. Net profit for the nine-month period reached ₹629 crore, showing improvement from ₹582 crore in the previous year.

Consolidated Results

On a consolidated basis, CESC reported revenue from operations of ₹4,005 crore for Q3FY26, with consolidated net profit of ₹304 crore. The consolidated earnings per share for the quarter stood at ₹2.15.

Corporate Actions and Regulatory Updates

The company declared an interim dividend of ₹6 per equity share on October 17, 2025, which was paid during the current quarter. The Board meeting commenced at 12:15 PM and concluded at 1:10 PM on February 6, 2026. The financial results have been reviewed by the company's statutory auditors S.R. Batliboi & Co. LLP and approved by the Board of Directors.