Continental Securities Appoints Hemant Gupta as New CFO

1 min read     Updated on 31 Oct 2025, 01:10 PM
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Reviewed by
Ashish TScanX News Team
Overview

Continental Securities Limited has appointed Hemant Gupta as the new Chief Financial Officer (CFO) and Key Managerial Personnel, effective October 31, 2025. Gupta brings 10 years of experience in the finance sector and holds a Master's Degree in Commerce from Rajasthan University. The appointment was approved during a board meeting on October 31, 2025, in compliance with regulatory requirements. Gupta's previous association with Hem Securities Limited and his extensive knowledge in finance position him well for his new role at Continental Securities.

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Continental Securities Limited, a player in the Indian financial services sector, has announced a significant change in its leadership team. The company's Board of Directors has appointed Hemant Gupta as the new Chief Financial Officer (CFO) and Key Managerial Personnel, effective October 31, 2025.

Key Details of the Appointment

Aspect Details
Appointee Hemant Gupta
Position Chief Financial Officer (CFO) and Key Managerial Personnel
Effective Date October 31, 2025
Experience 10 years in the finance sector
Educational Qualification Master's Degree in Commerce from Rajasthan University
Previous Association Hem Securities Limited

Board Meeting and Approval

The appointment was approved during a board meeting held on October 31, 2025. The meeting commenced at 12:00 PM (IST) and concluded at 12:30 PM (IST). This decision aligns with the company's compliance with Section 203 of the Companies Act, 2013, read in conjunction with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

About Hemant Gupta

Hemant Gupta brings a decade of experience in the finance sector to his new role at Continental Securities. With his Master's Degree in Commerce from Rajasthan University and previous association with Hem Securities Limited, Gupta possesses extensive knowledge in the finance sector. This background positions him well to contribute to Continental Securities' financial strategies and operations.

Regulatory Compliance

The company has confirmed that Gupta is not related to any existing directors, ensuring compliance with corporate governance norms. This appointment has been made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Continental Securities Limited has made this information available on its website at www.continentalsecuritiesltd.com , in line with transparency requirements for listed companies.

This strategic appointment may signal Continental Securities' intent to strengthen its financial management in the competitive financial services landscape.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
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Continental Securities Reports Strong Q2 Results and CFO Resignation

2 min read     Updated on 15 Oct 2025, 02:21 PM
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Reviewed by
Naman SScanX News Team
Overview

Continental Securities Limited (CSL), an NBFC, announced strong Q2 FY2025-26 results with a 48.60% YoY increase in net profit to ₹55.45 crore. Revenue from operations grew 48% to ₹96.49 crore. Half-year net profit rose 42.70% to ₹103.47 lakhs. Total assets increased by 34.40% to ₹2,452.78 crore. The company declared a dividend of ₹0.05 per share. CFO Hemant Gupta resigned effective October 15, 2025, citing other engagements. The financial results comply with Ind AS and SEBI regulations.

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Continental Securities Limited (CSL), a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with a significant change in its leadership team.

Financial Performance

CSL has reported a robust financial performance for the second quarter of the fiscal year 2025-26. Here's a breakdown of the key financial metrics:

Metric Q2 FY2025-26 Q2 FY2024-25 YoY Change
Net Profit ₹55.45 ₹37.31 48.60%
Revenue from Operations ₹96.49 ₹65.22 48.00%
Basic EPS ₹0.19 ₹0.14 35.70%

For the half-year ended September 30, 2025, the company's net profit stood at ₹103.47 lakhs, compared to ₹72.49 lakhs in the same period last year, marking a significant increase of 42.70%.

Balance Sheet Highlights

The company's financial position has strengthened considerably:

Metric As of Sept 30, 2025 As of March 31, 2025 Change
Total Assets ₹2,452.78 ₹1,824.80 34.40%
Loans ₹2,364.58 ₹1,742.66 35.70%
Total Equity ₹2,291.94 ₹1,730.59 32.40%

Leadership Change

In a significant development, the Board of Directors has accepted the resignation of Mr. Hemant Gupta from his position as Chief Financial Officer (CFO), effective October 15, 2025. Mr. Gupta cited other engagements as the reason for his departure. The company has not yet announced a successor for the CFO position.

Dividend Announcement

The shareholders, at the Annual General Meeting held on September 22, 2025, approved a final dividend of ₹0.05 per equity share for the financial year ended March 31, 2025. The dividend payment date is set for October 13, 2025.

Regulatory Compliance

Continental Securities Limited has prepared its financial results in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 15, 2025. The limited review report, conducted by R. P. Khandelwal & Associates, Chartered Accountants, found no material misstatements in the financial results.

Continental Securities Limited continues to operate as a Base Layer NBFC (NBFC-BL) in accordance with the Scale Based Regulation set by the Reserve Bank of India. The company's focus remains on its core business of providing financial services, with all activities carried out within India.

As CSL moves forward with strong financial performance and navigates through leadership changes, investors and stakeholders will be keen to observe how these developments impact the company's future growth trajectory in the competitive NBFC sector.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-0.31%-10.34%+1.72%-12.93%-39.53%+465.22%
Continental Securities
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