Market Creators has announced the sad demise of Mr. Jayantilal Harkisondas Shah, who served as the company's Chief Financial Officer (CFO) and Director. The company reported that Mr. Shah passed away on November 23, 2025.

Impact on the Company

In its official statement, Market Creators expressed that Mr. Shah's sudden and unexpected passing represents an irreparable loss to the organization. The company highlighted the significant contributions made by Mr. Shah during his tenure:

• Long Association: Mr. Shah had a prolonged relationship with the company.
• Vision Leadership: His leadership was characterized by a strong vision that guided the company.
• Board Tenure: As a member of the Board of Directors, Mr. Shah's influence was described as immensely beneficial to the company.

Corporate Details

The company has informed the BSE Limited about this development in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Company Response

Market Creators conveyed deep sympathy, sorrow, and condolences to Mr. Shah's family. The announcement reflects the high regard in which Mr. Shah was held within the organization and the significant impact of his loss on the company's leadership.

This news underscores the importance of key personnel in corporate governance and the potential impact of such losses on company operations and strategy.

Market Creators , a company listed on the Bombay Stock Exchange (BSE: 526891), has released its financial results for the quarter and half-year ended September 30, 2025. The company's performance shows mixed results with a significant decline in quarterly revenue but a positive half-yearly profit.

Key Financial Highlights

All figures in ₹ lakhs

Quarterly Performance

Market Creators experienced a substantial decrease in revenue from operations for the quarter ended September 30, 2025. The company reported a revenue of ₹20.56 lakhs, significantly lower compared to the previous quarter's ₹228.72 lakhs. This sharp decline in revenue led to a net loss of ₹23.96 lakhs for the quarter.

Half-Yearly Results

Despite the weak quarterly performance, the company maintained a positive outlook for the half-year period. The revenue for H1 FY2026 stood at ₹260.60 lakhs, representing a decline from ₹418.81 lakhs reported in the same period last year. Notably, Market Creators achieved a net profit of ₹21.69 lakhs for the half-year, indicating that the first quarter's performance may have offset the losses incurred in the second quarter.

Balance Sheet Overview

The company's total assets saw a marginal increase to ₹4,232.80 lakhs from ₹4,214.40 lakhs in the previous quarter. Market Creators maintains a strong liquidity position with cash and cash equivalents of ₹1,254.64 lakhs, which could provide a buffer against short-term financial challenges.

Investor Relations

The company reported no pending investor complaints at the beginning or end of the quarter, which is a positive sign for its investor relations management.

Corporate Governance

As per the LODR (Listing Obligations and Disclosure Requirements) data, the Board of Directors meeting was held on November 10, 2025, where they approved the audited financial results for the quarter and half-year ended September 30, 2025. The meeting commenced at 4:00 PM and concluded at 4:15 PM, demonstrating the company's commitment to timely disclosure of financial information.

Conclusion

Market Creators faces challenges in maintaining consistent quarterly performance, as evidenced by the significant revenue decline and loss in Q2 FY2026. However, the positive half-yearly profit and strong cash position suggest that the company may have the resources to navigate through this period of volatility. Investors and market observers will likely keep a close watch on the company's performance in the coming quarters to assess its ability to return to a growth trajectory.