Dhruva Capital Services Limited has submitted a revised disclosure to BSE Limited regarding its comprehensive board restructuring following regulatory compliance requirements. The company filed additional details under Regulation 30 of SEBI (LODR) Regulations, 2015, after initially submitting the announcement on March 9, 2026.

Regulatory Compliance Update

On March 11, 2026, the company submitted a clarification to BSE Limited acknowledging that required details as prescribed under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 were inadvertently not attached to the original announcement due to an oversight. The revised disclosure includes comprehensive details of all board changes.

Director Resignations

The board meeting addressed the resignation of two independent directors who cited pre-occupancy in their own business ventures as the primary reason for their departure.

Both directors confirmed that there were no material reasons for their resignations beyond those mentioned in their resignation letters. Mrs. Chanchal Kedia was appointed as Independent Director on December 06, 2024, while Ms. Hitu Gambhir Mahajan served from July 10, 2024.

Additional Directorships Disclosed

The revised disclosure provides comprehensive details of other listed entity directorships held by the resigning directors:

Mrs. Chanchal Kedia holds directorships in:

• Nagarjuna Agri-Tech Limited (Chairperson of Audit, Nomination & Remuneration, and Stakeholder Relationship Committees)
• L C C Infotech Limited (Member of Audit, Nomination & Remuneration, and Stakeholder Relationship Committees)

Ms. Hitu Gambhir Mahajan holds directorships in:

• Forcas Studio Limited (Chairperson of Stakeholders Relationship and CSR Committees, Member of Audit and Nomination & Remuneration Committees)
• Osel Devices Limited (Member of Audit, Nomination & Remuneration, and Stakeholder Relationship Committees)

New Director Appointments

To strengthen its board composition, the company has appointed three new independent directors, each bringing distinct expertise to the organization.

Company Secretary Changes

The board also addressed the resignation of Mrs. Priti Lakhotia from her position as Company Secretary and Compliance Officer, effective from the close of business hours on March 09, 2026. She cited pre-occupancy in her own business venture as the reason for her departure. Mrs. Lakhotia was appointed to this position on October 22, 2024.

Committee Reconstitution

Following these changes, the board has reconstituted its key committees to ensure proper governance structure:

The board meeting, which commenced at 1:30 p.m and concluded at 2:00 p.m, was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All appointments are subject to shareholder approval, and the company has confirmed that none of the new directors are related to existing board members.

Dhruva Capital Services Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a remarkable turnaround in financial performance. The Board of Directors approved these results during their meeting held on February 12, 2026, following review by the Audit Committee.

Strong Quarterly Performance

The company delivered exceptional results for Q3 FY26, with net profit reaching ₹152.94 lacs, representing a substantial improvement from ₹8.14 lacs reported in the corresponding quarter of the previous year. This impressive performance was primarily driven by significant non-performing asset (NPA) recovery.

Exceptional NPA Recovery Drives Growth

A key highlight of the quarter was the exceptional NPA recovery of ₹138.54 lacs, which significantly contributed to the company's overall revenue performance. This recovery, combined with steady operational revenue, resulted in total revenue of ₹205.56 lacs for the quarter.

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, Dhruva Capital Services demonstrated consistent improvement across key financial parameters:

The nine-month period also benefited from exceptional NPA recovery of ₹375.48 lacs compared to ₹23.85 lacs in the corresponding period of the previous year.

Operational Efficiency and Cost Management

The company maintained disciplined cost management during the quarter, with total expenses increasing marginally to ₹52.63 lacs from ₹50.69 lacs in Q3 FY25. Key expense components included:

• Finance costs: ₹16.70 lacs
• Employee benefits: ₹12.45 lacs
• Depreciation and amortization: ₹9.43 lacs
• Other expenses: ₹7.42 lacs
• Legal fees and commission: ₹6.63 lacs

Earnings Per Share Performance

The company's earnings per share (EPS) showed significant improvement, with basic and diluted EPS reaching ₹3.60 for Q3 FY26 compared to ₹0.20 in the corresponding quarter of the previous year. For the nine-month period, EPS stood at ₹6.16 compared to ₹2.46 in the previous year.

Regulatory Compliance and Transparency

The financial results have been prepared in accordance with applicable accounting standards and reviewed by V. Jalan & Co., Chartered Accountants. The results are available on the company's website at www.dhruvacapital.com and on the BSE website, ensuring transparency and regulatory compliance under SEBI listing obligations.