Nyssa Corporation Appoints New Director, Exits Partnership, and Reports Q2 Results

Nyssa Corporation Limited has announced significant changes in its leadership and business structure, along with the release of its financial results for the second quarter and half-year ended September 30, 2025.

Board Approves New Director Appointment

The company's board has approved the appointment of Sandeep Gaur as an Additional Wholetime Director, effective November 14, 2025. Gaur brings 23 years of experience in General Administration, Marketing, and Information Technology to the role. He holds a Bachelor's and Master's degree in Business Administration, along with an A+ certification.

Exit from Partnership Business

In a strategic move, Nyssa Corporation has decided to dispose of its 99% partnership interest in Mark Developers, Surat. The stake will be sold to Grace United Developers Pvt. Ltd., Mumbai, for Rs. 99,000.00. This transaction marks Nyssa Corporation's complete exit from the partnership firm.

Financial Performance

The board has approved the unaudited standalone and consolidated financial results for Q2 and H1 FY2026. Key financial highlights include:

Particulars	Standalone (As of Sep 30, 2025)	Consolidated (As of Sep 30, 2025)
Total Assets	3,196.12	3,712.34
Equity Share Capital	300.00	300.00
Other Equity	2,819.41	2,819.41
Total Equity	3,119.41	3,119.41
Current Liabilities	76.71	441.58

All figures in crore rupees

The company's standalone profit before tax and extraordinary items for the half-year stood at Rs. 52.93 crore, compared to Rs. 388.93 crore in the same period last year. On a consolidated basis, this figure was Rs. 93.85 crore, down from Rs. 383.32 crore in the previous year.

Cash Flow and Liquidity

Nyssa Corporation reported a positive net cash flow from operating activities of Rs. 83.33 crore on a standalone basis, a significant improvement from the negative Rs. 607.21 crore in the previous year. The consolidated net cash flow from operating activities was Rs. 37.21 crore, also an improvement from the negative Rs. 461.82 crore last year.

The company's cash and cash equivalents decreased slightly, with the standalone balance at Rs. 3.00 crore and the consolidated balance at Rs. 4.03 crore as of September 30, 2025.

These developments reflect Nyssa Corporation's efforts to streamline its operations and strengthen its leadership team amidst challenging market conditions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.71%	+7.85%	-3.62%	+5.45%	-48.30%	+483.56%

Nyssa Corporation Limited has announced the resignation of its Company Secretary and Compliance Officer, Nikita Poddar, effective July 30, 2025. The company disclosed this information in a regulatory filing to the Bombay Stock Exchange (BSE) on August 1, 2025, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Poddar, who held the membership number A59406 and was classified as Key Managerial Personnel, submitted her resignation due to personal reasons. The company received her resignation notice via email on August 1, 2025, a day after the effective date of her departure.

Corporate Governance Compliance

In adherence to regulatory requirements, Nyssa Corporation Limited promptly informed the BSE about this change in key personnel. The company provided the following details in its filing:

Detail	Information
Reason for Change	Resignation
Date of Cessation	Close of working hours on July 30, 2025
Position Vacated	Company Secretary and Compliance Officer

Management Statement

Prasanna Shirke, Wholetime Director of Nyssa Corporation Limited, signed the regulatory filing, ensuring transparency and compliance with listing regulations. The company has not yet announced a replacement for the position.

About Nyssa Corporation Limited

Nyssa Corporation Limited, with the Corporate Identification Number (CIN) L70101MH1981PLC024341, is headquartered at Office No: 002, Gulmohar Complex, Opposite Anupam Cinema, Station Road, Goregaon (East), Mumbai, Maharashtra, 400063.

Investors and stakeholders are advised to take note of this change in the company's key managerial personnel. The company is expected to initiate the process of appointing a new Company Secretary and Compliance Officer to ensure continued compliance with regulatory requirements.