Icon Facilitators Limited has announced the resignation of its Chief Financial Officer, Mr. Tarun Sharma, effective December 15, 2025. The company informed BSE Limited about this key management change through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Tarun Sharma, who holds ICAI membership number 426523, submitted his resignation letter on December 15, 2025, citing personal reasons for his departure. The resignation has been accepted by the company and he has been relieved from his services with immediate effect.

Company's Acknowledgment

Icon Facilitators Limited has placed on record its sincere appreciation for the diligent and dedicated services provided by Mr. Tarun Sharma throughout his tenure as Chief Financial Officer. The company acknowledged his contributions during his service period in the official communication to the stock exchange.

Regulatory Compliance

The company has fulfilled all necessary regulatory requirements following the resignation. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has also indicated that necessary forms will be submitted with the office of the Registrar of Companies, Delhi, to complete the formal process.

About the Position

As Chief Financial Officer, Mr. Sharma held the position of Key Managerial Personnel within Icon Facilitators Limited. The CFO role is crucial for the company's financial management and regulatory compliance requirements. The company will need to appoint a successor to fill this important position in due course.

Icon Facilitators Limited , a provider of housekeeping and maintenance services, has announced its unaudited financial results for the half-year ended September 30, 2025, showcasing robust performance and efficient utilization of its Initial Public Offer (IPO) funds.

Financial Highlights

The company reported a significant increase in its revenue from operations, reaching Rs 29.79 crore for the half-year period. This performance demonstrates Icon Facilitators' strong market position and effective service delivery in the housekeeping and maintenance sector.

Notably, Icon Facilitators achieved a profit after tax of Rs 1.47 crore, indicating healthy profitability and efficient cost management. The company's financial results reflect its ability to capitalize on market opportunities while maintaining a focus on bottom-line growth.

IPO Fund Utilization

Icon Facilitators completed its Initial Public Offer on July 1, 2025, raising a total of Rs 19.11 crore. The IPO involved the issuance of 21,00,000 equity shares with a face value of Rs 10 each at an issue price of Rs 91 per share, including a premium of Rs 81.

As of September 30, 2025, the company has reported utilizing Rs 12.19 crore of the IPO proceeds. This utilization aligns with the stated objectives of the IPO, which included addressing working capital requirements and general corporate purposes. Icon Facilitators has confirmed that there have been no deviations in the use of the IPO funds from the originally disclosed intentions.

Balance Sheet Strength

The unaudited financial results also reveal a strong balance sheet position for Icon Facilitators. As of September 30, 2025, the company reported:

This robust financial position provides Icon Facilitators with a solid foundation for future growth and expansion opportunities.

Management Commentary

Dinesh Makhija, Managing Director of Icon Facilitators Limited, stated in the company's filing, "We are pleased with our performance in the first half of the financial year. Our strong revenue growth and profitability demonstrate the effectiveness of our business model and the growing demand for our services. The successful utilization of our IPO funds is supporting our working capital needs and enabling us to pursue our growth strategies."

Future Outlook

While the company operates in a single business segment of housekeeping and maintenance services within India, its strong financial performance and efficient capital utilization position it well for potential expansion and market share growth in the coming periods.

Icon Facilitators' shares are listed on the SME platform of BSE Limited, providing investors with an opportunity to participate in the company's growth story in the facilities management sector.

As the company continues to execute its business strategies and utilize its IPO funds effectively, stakeholders will be keenly watching its performance in the subsequent quarters.