Iconik Sports and Events Limited has formally announced the resignation of Ms. Prachi Karwa from her position as Company Secretary and Compliance Officer, effective January 2, 2026. The Mumbai-based company, formerly known as ID Info Business Services Limited, communicated this development to BSE Limited in compliance with regulatory requirements.

Resignation Details

The company provided comprehensive details regarding Ms. Karwa's departure in accordance with SEBI regulations:

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with Schedule III of the said regulations. The disclosure also referenced the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full compliance with current regulatory frameworks.

Resignation Letter

In her formal resignation letter addressed to the Board of Directors, Ms. Karwa expressed gratitude for the support received during her tenure. She specifically thanked the Board and Management for their assistance in helping her discharge her duties effectively as Company Secretary and Compliance Officer. The resignation letter was dated January 2, 2026, coinciding with her effective cessation date.

Company Information

Iconik Sports and Events Limited operates from its registered office at Unit No. 104, 1st Floor, Mahinder Chambers, W.T. Patil Marg, Chembur Mumbai-400071, Maharashtra. The company trades on BSE with scrip code 511260 and maintains its corporate identity under CIN: L93190MH1968PLC287172. Managing Director Kannan Krishnan Naiker (DIN: 00014414) signed the intimation letter to the exchange.

Next Steps

The company has requested the Board to approve Ms. Karwa's resignation and relieve her from her duties with effect from January 2, 2026. The formal communication ensures transparency and maintains the company's commitment to regulatory compliance while managing this key personnel transition.

Iconik Sports And Events (ISIN: INE088P01015) has announced its unaudited financial results for the quarter ended September 30, 2025, showcasing a remarkable turnaround in its financial performance. The company, which was formerly known as ID Info Business Services Limited, has reported a significant profit, marking a positive shift from the previous quarter's loss.

Financial Highlights

All figures in lakhs, except for EPS

Key Points

• Profit Turnaround: Iconik Sports and Events Limited reported a profit of ₹406.47 lakh for Q2 FY2026, a significant improvement from the loss of ₹135.60 lakh in the previous quarter.

• Half-Year Performance: For the half-year period, the company achieved a cumulative profit of ₹250.87 lakh.

• Revenue Generation: The company's revenue from operations stood at ₹1,302.84 lakh, with an additional ₹4.28 lakh from other income, bringing the total revenue to ₹1,307.12 lakh for the quarter.

• Earnings Per Share: The basic earnings per share for Q2 FY2026 was reported at ₹1.20.

• Capital Structure: The company's paid-up equity share capital increased to ₹3,384.20 lakh from ₹1,965.70 lakh in the previous year, indicating a potential capital infusion or corporate action.

Corporate Governance

The Board of Directors of Iconik Sports and Events Limited convened on November 13, 2025, to approve these unaudited financial results. The meeting, which began at 1:00 PM, concluded at 2:40 PM. The results have been subject to a limited review by the company's statutory auditors, as per regulatory requirements.

Investor Implications

The substantial improvement in profitability and the increase in paid-up capital may signal positive developments for the company. Investors and market watchers may want to keep an eye on Iconik Sports and Events Limited's future performance to see if this upward trend continues.

As always, it is advisable for investors to conduct their own research and consider multiple factors before making investment decisions based on quarterly results.

Note: All financial figures are based on the unaudited results provided by the company and are subject to limited review.