Quick Heal Technologies' VP Head of Delivery Resigns, Citing Professional Growth

1 min read     Updated on 29 Nov 2025, 12:04 PM
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Overview

Mr. Ajit Zanjad, Vice President Head of Delivery at Quick Heal Technologies Limited, has resigned effective November 28, 2025, citing professional growth. The resignation was disclosed in compliance with SEBI regulations. The company's financial metrics show modest growth in assets and equity over the past year.

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*this image is generated using AI for illustrative purposes only.

Quick Heal Technologies Limited , a prominent player in the cybersecurity software industry, has announced a significant change in its senior management. Mr. Ajit Zanjad, the Vice President Head of Delivery, has tendered his resignation from the company, effective November 28, 2025. The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirement) 2015.

Resignation Details

Mr. Zanjad cited 'professional growth' as the primary reason for his departure. His resignation will impact the company's senior management structure, particularly in the delivery leadership role. The company's statement indicates that the decision was made after discussions that began on August 7, 2025.

Impact on Quick Heal Technologies

The departure of Mr. Zanjad from a key delivery leadership position could potentially affect the company's project execution and delivery capabilities in the short term. However, it's worth noting that such changes in senior management are not uncommon in the dynamic tech industry.

Company's Financial Position

Although not directly related to the resignation, Quick Heal Technologies' recent financial position is noteworthy:

Financial Metric Current Year (2025-03) 1 Year Ago (2024-03) Change
Total Assets ₹525.70 crore ₹512.60 crore 2.56%
Current Assets ₹370.90 crore ₹363.00 crore 2.18%
Total Equity ₹441.80 crore ₹436.90 crore 1.12%
Current Liabilities ₹79.00 crore ₹73.40 crore 7.63%

The company has shown modest growth in its asset base and equity over the past year, which could provide a stable foundation as it navigates this leadership transition.

Looking Ahead

As Quick Heal Technologies moves forward, the company will likely focus on ensuring a smooth transition in its delivery leadership. The tech industry's competitive landscape means that the company may need to act swiftly to fill this crucial role to maintain its operational efficiency and market position.

Investors and industry observers will be keen to see how Quick Heal Technologies manages this transition and whether it impacts the company's delivery capabilities or strategic direction in the coming months.

Historical Stock Returns for Quick Heal Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.19%-5.26%-15.34%-25.13%-59.58%+77.83%
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Quick Heal Technologies Secures INR 64.25 Crore Cybersecurity Contract with NFSU Research Council

1 min read     Updated on 29 Nov 2025, 10:48 AM
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Reviewed by
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Overview

Quick Heal Technologies Limited has entered into a 5-year contract worth ₹64.25 crore with the NFSU Research and Innovation Council for implementing Integrated Cyber Security Solutions. This contract is viewed as a strategic milestone that aligns with Quick Heal's cybersecurity business objectives and may lead to similar future engagements. The contract value is significant compared to Quick Heal's reported total assets of ₹525.70 crore and total equity of ₹441.80 crore.

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*this image is generated using AI for illustrative purposes only.

Quick Heal Technologies Limited , a leading cybersecurity solutions provider, has announced a significant milestone in its business operations. The company has entered into a substantial contract with the NFSU Research and Innovation Council for the implementation of Integrated Cyber Security Solutions.

Contract Details

Aspect Details
Contract Value INR 64,25,25,000 (64.25 crore)
Duration 5 years
Client NFSU Research and Innovation Council
Scope Implementation of Integrated Cyber Security Solutions

This engagement represents a major commercial milestone for Quick Heal Technologies, reinforcing its leadership position in the cybersecurity sector. The company views this contract as a strategic step that aligns with its ongoing cybersecurity business and supports its objective of delivering comprehensive solutions to customers.

Strategic Implications

Quick Heal Technologies anticipates that this project may pave the way for similar engagements in the future, potentially becoming a consistent and recurring part of its business portfolio. This development underscores the company's commitment to advancing cybersecurity solutions and fostering a resilient digital ecosystem.

Financial Context

While the contract value of INR 64.25 crore is significant, it's important to view this in the context of Quick Heal's overall financial position. The company reported:

Financial Metric Value (in crore INR)
Total Assets 525.70
Current Assets 370.90
Total Equity 441.80

The new contract represents a substantial business opportunity, potentially contributing to the company's revenue stream over the next five years.

Conclusion

This contract with the NFSU Research and Innovation Council marks an important step for Quick Heal Technologies in strengthening its position in the government sector. As cybersecurity continues to be a critical concern for organizations, particularly government institutions, Quick Heal's expertise and solutions are likely to be in high demand. The impact of this contract on the company's financial performance and market position will be of interest to investors and industry observers in the coming years.

Historical Stock Returns for Quick Heal Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.19%-5.26%-15.34%-25.13%-59.58%+77.83%
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