Sarvottam Finvest Limited has announced significant changes to its senior management team, with the resignation of its Chief Financial Officer and the immediate appointment of a replacement, both effective February 10, 2026.

CFO Resignation Details

The company's Board of Directors accepted the resignation of Mr. Suraj Bhowmick from his position as Chief Financial Officer and Key Managerial Personnel during a board meeting held on February 10, 2026. Mr. Bhowmick cited personal reasons for his departure and confirmed that no other material reasons contributed to his decision to resign.

New CFO Appointment

Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the appointment of Mr. Ankit Somaani as the new Chief Financial Officer, effective from the same date as Mr. Bhowmick's departure.

Mr. Somaani brings substantial experience to the role, having worked for 8 years in accounts and finance. His educational background includes a Bachelor of Commerce degree and an Intermediate qualification from the Institute of Chartered Accountants of India (ICAI).

Board Meeting Proceedings

The Board of Directors convened on Tuesday, February 10, 2026, to address both the resignation and appointment. The meeting commenced at 17:00 pm and concluded at 17:45 pm, during which directors formally noted and accepted Mr. Bhowmick's resignation while simultaneously approving Mr. Somaani's appointment.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All required details have been submitted to The Calcutta Stock Exchange Limited and BSE Limited, with comprehensive annexures providing complete information about both the outgoing and incoming CFO as mandated by SEBI regulations.

Sarvottam Finvest Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, following the board meeting held on February 4, 2026. The company reported a net loss of ₹7.66 lakhs for Q3FY26, showing significant improvement of 70.3% compared to the ₹25.83 lakhs loss recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's total income for Q3FY26 increased substantially to ₹43.13 lakhs from ₹29.03 lakhs in Q3FY25, representing a growth of 48.6%. Interest income, the primary revenue source, rose to ₹43.09 lakhs in Q3FY26 from ₹28.99 lakhs in the same quarter last year, marking a 48.7% increase.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Sarvottam Finvest Limited achieved a remarkable turnaround with a net profit of ₹5.56 lakhs, compared to a loss of ₹51.85 lakhs in the corresponding period of the previous year. Total income for the nine-month period reached ₹121.35 lakhs compared to ₹139.04 lakhs in the previous year.

Expense Management and Key Metrics

The company demonstrated improved expense management with total expenses decreasing to ₹49.67 lakhs in Q3FY26 from ₹50.43 lakhs in Q3FY25. Notable expense items included impairment on financial instruments at ₹19.35 lakhs and employee benefits expense of ₹10.84 lakhs for the quarter.

Regulatory Compliance and Corporate Details

The board meeting was conducted in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 14:30 pm and concluded at 16:00 pm on February 4, 2026, at the company's registered office in Kolkata. The results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors D.C. Dharewa & Co conducting a limited review.

The company maintains its paid-up equity share capital at ₹750.00 lakhs with a face value of ₹10 per share. Earnings per share for Q3FY26 stood at ₹(0.10) compared to ₹(0.34) in Q3FY25, while the nine-month EPS improved significantly to ₹0.07 from ₹(0.69) in the previous year. The company confirmed non-applicability of Regulation 32 of SEBI (LODR) Regulations, 2015, as no funds were raised through public issue, rights issue, or preferential issue during the quarter.