Gallops Enterprise Limited has announced the resignation of its Chief Financial Officer, Mr. Nileshkumar Maganbhaji Prajapati, effective February 18, 2026. The Ahmedabad-based company disclosed this key managerial personnel change through a regulatory filing submitted to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The resignation was submitted due to personal reasons, as stated in both the company's official communication and the CFO's resignation letter. The announcement was made on February 18, 2026, with immediate effect from the same date.

Regulatory Compliance

Gallops Enterprise Limited has fulfilled its regulatory obligations by submitting the required documentation to BSE Limited. The company provided comprehensive details as mandated under SEBI circular SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

The filing includes:

• Official resignation letter from Mr. Prajapati
• Detailed annexure with prescribed information
• Acknowledgment from the Board of Directors

Management Acknowledgment

The resignation was formally accepted by the company's Board of Directors. Managing Director Balram Bharatbhai Padhiyar (DIN: 01812132) signed the regulatory submission, while Director Pooja Narsinhbhai Patel (DIN: 02233585) acknowledged the resignation letter on behalf of the company.

In his resignation letter, Mr. Prajapati expressed gratitude to the Board of Directors and senior management for their support and guidance during his tenure. He acknowledged the professional development and growth opportunities provided by Gallops Enterprise Limited.

Company Information

Gallops Enterprise Limited is listed on BSE with security code 531902 and symbol GALLOPENT. The company is registered in Gujarat with CIN L65910GJ1994PLC023470 and maintains its registered office at 9th Floor, Astron Tech Park, Near Satellite Police Station, Satellite, Ahmedabad, Gujarat-380015.

Gallops Enterprise Limited announced its unaudited financial results for the third quarter ended December 31, 2025, under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the results during their meeting held on February 13, 2026, at the company's registered office in Ahmedabad, which commenced at 4:00 PM and concluded at 4:20 PM.

Financial Performance Overview

The company reported substantial improvement in its financial metrics for Q3FY26. Total income from operations reached ₹1.41 lakhs, marking a dramatic increase from ₹0.02 lakhs in the corresponding quarter of the previous year. This growth was primarily driven by other operating income of ₹1.38 lakhs, while net sales remained minimal at ₹0.03 lakhs.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Gallops Enterprise demonstrated consistent improvement across key financial parameters. The company achieved a total comprehensive income of ₹8.44 lakhs compared to a loss of ₹21.13 lakhs in the corresponding nine-month period of the previous year.

Internal Auditor Appointment

In a significant corporate governance development, the Board of Directors appointed M/s. Adwani Peshavaria & Co., Chartered Accountants as the company's internal auditor for a five-year term from FY2025-26 to FY2029-30. The appointment was made effective February 13, 2026, in compliance with Regulation 30 of SEBI Listing Regulations.

Professional Services Profile

The appointed firm specializes in corporate law, secretarial compliances, taxation, audit, accountancy, valuation, and consultancy services. The firm offers comprehensive professional services including statutory audit, internal audit, tax audit, GST audit, management audit, and stock audit services. The firm is led by experienced professionals CA Ram Adwani and CA Dhaval Peshavaria, both Fellow Members of ICAI with extensive expertise in their respective domains.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015. The results were reviewed by the audit committee and approved by the Board of Directors. The company maintained its paid-up equity share capital at ₹501.14 lakhs with a face value of ₹10 per share throughout the reporting periods. The limited review report was issued by S K Jha & Co., Chartered Accountants, confirming compliance with applicable accounting standards and SEBI regulations.