Laffans Petrochemicals Limited has announced the resignation of its Secretarial Auditor through a regulatory filing to BSE Limited on February 09, 2026. The company informed the exchange about this significant corporate governance development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Auditor Resignation Details

Zankhana Bhansali & Associates, Practicing Company Secretaries, have resigned as the Secretarial Auditor of Laffans Petrochemicals Limited. The resignation is effective for the period covering Financial Years 2025-26 to 2029-30, as communicated through their resignation letter dated February 09, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations by providing comprehensive details as mandated under Schedule III - Para A (7A) of Part A of the Listing Regulations. The filing also complies with requirements specified in SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Auditor Contact Information

The outgoing Secretarial Auditor, M/s Zankhana Bhansali & Associates, operates from their office located at 91, First Floor, Raghuleela Mall, Kandivali West, Mumbai – 400 067. Their professional services can be reached through email addresses cs@zbassociates.com and zankhana.bhansali@gmail.com .

Company Leadership

The regulatory filing was signed by Sandeep Seth, Managing Director of Laffans Petrochemicals Limited (DIN: 00316075), who digitally authenticated the document on February 09, 2026. The company maintains its registered office at Gujral House, 601, 6th Floor, 167 CST Road, Next To Axis Bank Kalina, Santacruz (East), Mumbai - 400 098.

Laffans Petrochemicals Limited has demonstrated a strong quarterly recovery in its Q3FY26 results, reporting net profit of ₹156.26 lacs compared to a loss of ₹203.88 lacs in the corresponding quarter of the previous year. The Mumbai-based petrochemicals company announced these results following its board meeting held on February 09, 2026, pursuant to Regulations 30 and 33 of the SEBI Listing Regulations.

Financial Performance Overview

The company's quarterly performance showed mixed results across different metrics:

While revenue from operations declined by 11.63% to ₹96.03 lacs, the company benefited significantly from other income of ₹233.41 lacs, which contributed to the overall positive performance.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's performance showed a different trend:

The nine-month results indicate challenges in operational revenue, which declined significantly by 55.66% to ₹304.75 lacs from ₹687.30 lacs in the previous year.

Cost Management and Operational Efficiency

The company demonstrated effective cost control measures during Q3FY26. Total expenses decreased to ₹158.88 lacs from ₹175.07 lacs in Q3FY25, representing a reduction of 9.24%. Key expense categories showed the following trends:

Corporate Governance Updates

The company announced the resignation of M/s. Zankhana Bhansali & Associates, Practicing Company Secretaries, as Secretarial Auditor effective February 09, 2026. The resignation was attributed to pre-occupancy with other professional commitments. The auditing firm was based in Kandivali West, Mumbai.

Regulatory Compliance and Business Operations

Laffans Petrochemicals operates primarily in the trading of chemicals and commodities segment. The company maintains its paid-up equity share capital at ₹800.00 lacs, with shares having a face value of ₹10.00 each. The financial results have been prepared in accordance with Indian Accounting Standards (IND AS) and were subject to limited review by statutory auditors M/s. Praveen Lokwani & Co.

The company's board meeting commenced at 3:00 PM IST and concluded at 4:15 PM IST on February 09, 2026, where directors approved the unaudited standalone financial results and addressed the auditor resignation. The results were filed under the integrated filing system pursuant to SEBI circular requirements.