Share Samadhan Limited's Company Secretary and CFO Kumar Rishi Steps Down

1 min read     Updated on 12 Nov 2025, 11:45 AM
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Overview

Kumar Rishi has resigned from his positions as Company Secretary and Chief Financial Officer at Share Samadhan Limited, effective November 8, 2025. The resignation, citing personal reasons and other professional commitments, coincides with recent corporate activities including a Board Meeting that approved financial results and reviewed IPO fund utilization for the half-year ended September 30, 2025.

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

Share Samadhan , a company listed on the BSE (Scrip Code: 544251), has announced the resignation of Kumar Rishi from his dual role as Company Secretary and Chief Financial Officer. The resignation, effective from November 8, 2025, comes amidst a series of corporate updates from the company.

Key Details of the Resignation

Aspect Details
Resigning Executive Kumar Rishi
Positions Held Company Secretary and Chief Financial Officer
Effective Date November 8, 2025
Reasons Cited Personal reasons and other professional commitments

In his resignation letter dated November 12, 2025, Rishi expressed gratitude to the Board of Directors, management, and colleagues for their support during his tenure with Share Samadhan Limited. He requested the Board to record his resignation and file the necessary intimations with the concerned authorities as per the applicable provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

Recent Corporate Activities

Coinciding with this personnel change, Share Samadhan Limited has been active in its corporate governance and financial reporting. The company recently held a Board Meeting on November 11, 2025, which addressed several key matters:

  1. Approval of Unaudited Standalone and Consolidated Financial Results, Balance Sheet, and cash flow statements for the half-year ended September 30, 2025.
  2. Review of the statement of deviation and variation in the use of funds raised through the company's Initial Public Offering (IPO) for the half-year ended September 30, 2025.

The Board Meeting, which commenced at 12:00 P.M. and concluded at 07:10 P.M., was in compliance with Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As Share Samadhan Limited navigates this transition in its executive team, stakeholders will be observing any potential impacts on the company's operations and financial performance in the coming months. The company's proactive approach to corporate governance, as evidenced by its timely disclosures and board meetings, suggests a commitment to transparency during this period of change.

Historical Stock Returns for Share Samadhan

1 Day5 Days1 Month6 Months1 Year5 Years
-5.56%-6.42%-16.67%-36.61%-17.70%-31.88%
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Share Samadhan Limited Reports Half-Year Profit of ₹36.32 Lakhs, Utilizes IPO Proceeds

1 min read     Updated on 12 Nov 2025, 06:50 AM
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Reviewed by
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Overview

Share Samadhan Limited announced unaudited financial results for H1 FY2026, reporting a net profit of ₹36.32 lakhs and total income of ₹416.96 lakhs. The company's EPS stood at ₹0.30. Unutilized IPO funds decreased from ₹13.97 crores to ₹8.65 crores, primarily used for working capital. The company received ₹585 lakhs against convertible share warrants issued on October 1, 2025. Results include performance of subsidiaries Nyaya Mitra Limited and Wealth Samadhan Private Limited.

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

Share Samadhan Limited has announced its unaudited financial results for the half-year ended September 30, 2025. The company's board of directors approved these results in a meeting held on November 11, 2025, which lasted from 12:00 P.M. to 07:10 P.M.

Financial Performance

The company reported a net profit of ₹36.32 lakhs for the period, with total income standing at ₹416.96 lakhs. Here's a breakdown of the key financial metrics:

Metric Amount (in lakhs)
Net Sales 380.24
Other Income 36.72
Total Income 416.96
Total Expenses 361.02
Net Profit 36.32

The company's earnings per share (EPS) for the period was ₹0.30.

IPO Fund Utilization

Share Samadhan Limited has been actively utilizing the funds raised through its Initial Public Offering (IPO). The company reported that the unutilized IPO funds have reduced from ₹13.97 crores to ₹8.65 crores during this period. The primary use of these funds has been for working capital requirements.

Convertible Share Warrants

In a significant development, Share Samadhan received ₹585 lakhs against the issuance of convertible share warrants. The allotment of these warrants was made on October 1, 2025. Each warrant is convertible into one equity share within an 18-month period.

Subsidiary Companies

The financial results include the performance of Share Samadhan's subsidiary companies, namely Nyaya Mitra Limited and Wealth Samadhan Private Limited.

Regulatory Compliance

The company has submitted these results in compliance with Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, as per Regulation 32, Share Samadhan has provided a statement of deviation and variation in the use of funds raised through the IPO for the half-year ended September 30, 2025.

Historical Stock Returns for Share Samadhan

1 Day5 Days1 Month6 Months1 Year5 Years
-5.56%-6.42%-16.67%-36.61%-17.70%-31.88%
Share Samadhan
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