Challani Capital Limited , a Chennai-based financial services company, has disclosed a significant change in its leadership team. The company announced the resignation of Ms. Shuba Lakshmanan from her multiple roles within the organization.

Executive Departure

Ms. Shuba Lakshmanan has tendered her resignation from the positions of Company Secretary, Compliance Officer, and Chief Finance Officer at Challani Capital Limited. The resignation was submitted on November 4, 2025, citing the receipt of another job offer as the primary reason for her departure.

Transition Timeline

According to the company's disclosure to the Bombay Stock Exchange, Ms. Lakshmanan's resignation will take effect from the close of business hours on December 14, 2025. This provides the company with a transition period of approximately six weeks to manage the handover of responsibilities.

Regulatory Compliance

In line with the Securities and Exchange Board of India (SEBI) regulations, Challani Capital Limited has promptly informed the Bombay Stock Exchange about this development. The company's adherence to timely disclosure demonstrates its commitment to regulatory compliance and transparency.

Financial Performance Context

The announcement of Ms. Lakshmanan's resignation comes against the backdrop of the company's recent financial performance. As per the unaudited financial results for the quarter ended September 30, 2025, approved by the Board of Directors on November 10, 2025, Challani Capital Limited reported the following key figures:

The company's financial results show a year-on-year decrease in quarterly profit.

Looking Ahead

As Challani Capital Limited prepares for this transition in key management roles, the company faces the task of ensuring continuity in its financial management and compliance functions. The Board of Directors may need to initiate a search for suitable candidates to fill these critical positions and maintain the company's operational efficiency and regulatory standing.

Challani Capital (formerly LIMITE) has announced its unaudited financial results for the quarter ended June 30, showcasing significant growth in both revenue and profitability.

Strong Revenue Growth

The company reported a total income from operations of Rs. 5034.12 lakhs for the quarter, representing a robust 58% year-on-year growth. This substantial increase in revenue demonstrates Challani Capital's strong market position and effective business strategies.

Impressive Profit Performance

Challani Capital's net profit after tax reached Rs. 148.19 lakhs, marking a 37% increase compared to the same quarter last year. This growth in profitability outpaces the revenue growth, indicating improved operational efficiency and cost management.

Key Financial Highlights

Corporate Governance and Transparency

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 14. In compliance with regulatory requirements, Challani Capital published these results in Trinity Mirror (English) and Makkal Kural (Tamil) newspapers, ensuring transparency and timely communication with stakeholders.

Conclusion

Challani Capital's impressive first-quarter results reflect the company's ability to capitalize on market opportunities and drive substantial growth in both revenue and profitability. The strong performance positions the company well as it continues into the fiscal year.