S&T Corporation Limited has formally notified BSE Limited about the resignation of its Company Secretary and Compliance Officer, CS Shailesh Paranjape, effective March 1, 2026. The announcement was made on February 27, 2026, in accordance with regulatory requirements under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

CS Shailesh Paranjape, holding membership number A67181, has tendered his resignation from the position to pursue better opportunities. The resignation letter was submitted to the Board of Directors, expressing gratitude for the support received during his tenure as Company Secretary and Compliance Officer.

Regulatory Compliance

The company has provided comprehensive details to BSE Limited as required under Regulation 30 of the Listing Regulations. The disclosure includes all mandatory information stipulated by SEBI Circular No. CIR/CFD/4/2015 dated September 9, 2015.

Administrative Procedures

In his resignation letter, Paranjape requested the company to issue appropriate instructions for filing necessary forms with the Registrar of Companies (ROC) and BSE to formalize his resignation. He also requested the removal of his personal details from relevant databases including SDD and NSDL systems.

Company Response

The resignation was accepted by the Board of Directors and communicated to BSE Limited through Managing Director Ajay Savai (DIN 01791689). The company has assured compliance with all procedural requirements and will complete the necessary regulatory filings to effect the transition.

SJ Corporation Limited delivered exceptional financial performance in Q3FY26, marking a significant turnaround with robust revenue growth and a return to profitability. The company's revenue from operations surged dramatically, demonstrating strong operational momentum across its business segments.

Financial Performance Overview

The company's quarterly results showcase remarkable growth across key financial metrics:

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025 also reflected strong performance improvements:

Segment-wise Revenue Breakdown

The polished diamonds & jewellery segment emerged as the primary growth driver, contributing significantly to the overall revenue performance. In Q3FY26, this segment generated ₹705.76 lacs compared to ₹57.79 lacs in Q3FY25. The real estate & development of property segment remained inactive during the quarter, with no revenue contribution.

For the nine-month period, the polished diamonds & jewellery segment recorded revenue of ₹1,575.01 lacs versus ₹761.29 lacs in the previous year. The real estate segment contributed ₹102.98 lacs compared to ₹11.66 lacs in 9M FY25.

Operational Efficiency and Cost Management

The company demonstrated improved operational efficiency with total expenses of ₹693.84 lacs in Q3FY26 compared to ₹77.67 lacs in Q3FY25. Key expense components included purchases of stock-in-trade at ₹677.36 lacs, employee benefit expenses of ₹6.75 lacs, and other expenses of ₹4.43 lacs. The company maintained zero finance costs during the quarter.

Balance Sheet Highlights

As of December 31, 2025, the company maintained total segment assets of ₹892.81 lacs compared to ₹920.76 lacs in the previous year. Segment liabilities stood at ₹4.68 lacs, significantly lower than ₹67.25 lacs in the corresponding period last year. The paid-up equity share capital remained stable at ₹83.55 lacs with a face value of ₹1 per share.

Regulatory Compliance and Audit

The financial results were prepared in accordance with Indian Accounting Standards Rules, 2015, and were reviewed by the Audit Committee before Board approval on February 10, 2026. The statutory auditors conducted a limited review and expressed an unqualified review opinion on the quarterly and nine-month results.