Futuristic solutions Limited has announced the appointment of Mr. Navneet Singh as Chief Financial Officer and Key Managerial Personnel, effective January 9, 2026. The appointment was approved by the Board of Directors during their meeting held on January 9, 2026, following a recommendation from the Nomination and Remuneration Committee.

Board Meeting Details

The Board of Directors convened their meeting on January 9, 2026, which commenced at 5:30 PM and concluded at 6:00 PM. The primary agenda item was the appointment of the new Chief Financial Officer, which was processed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Particulars

The key details of Mr. Navneet Singh's appointment are outlined below:

Professional Background

Mr. Navneet Singh brings relevant experience to his new role at Futuristic Solutions Limited. He is a graduate from Delhi University and has served as Managing Director of a tourism resort located within a Wildlife Tiger Sanctuary. In this capacity, he gained experience in:

• Accounting and financial management
• Financial planning and analysis
• Operational management

Additionally, Mr. Singh currently serves as a Director of Amit Buildtech Private Limited, further demonstrating his corporate governance experience.

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the guidelines outlined in SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated January 9, 2025. The company has fulfilled all disclosure requirements as mandated by the regulatory framework for key managerial personnel appointments.

Futuristic Solutions has released its financial results for the second quarter of fiscal year 2026, showing a reduction in net loss despite a decrease in total income. The company's Board of Directors approved these unaudited financial results in a meeting held on November 13, 2025.

Financial Performance Highlights

Key Financial Details

Futuristic Solutions reported a net loss of ₹0.79 lakhs for the quarter ended September 30, 2025, a significant improvement from the ₹2.08 lakhs loss in the previous quarter. However, the company's total income decreased to ₹26.14 lakhs from ₹30.82 lakhs in the prior quarter, marking a 15.18% decline.

The revenue from operations stood at ₹3.08 lakhs, which included interest income of ₹0.09 lakhs and realization of claims amounting to ₹14.50 lakhs. The company's total expenses for the quarter were ₹28.18 lakhs, with employee benefit expenses being the largest component at ₹6.20 lakhs.

Balance Sheet Snapshot

As of September 30, 2025, Futuristic Solutions reported total assets of ₹1,580.09 lakhs. The company maintained a strong liquidity position with cash and cash equivalents of ₹674.63 lakhs.

Audit Review

The statutory auditors, M/S Mahesh Yadav & Co., Chartered Accountants, have issued a Limited Review Report with an unmodified opinion on the unaudited financial statements for the quarter and half-year ended September 30, 2025. This indicates that the auditors did not find any material misstatements or issues that would require modifications to the financial results.

Financial Outlook

The reduction in net loss despite lower income suggests potential improvements in cost management or operational efficiency. However, the decline in total income may warrant attention in the coming quarters.