Shivansh Finserve Limited Announces Board Restructuring and Reports Q2 FY2026 Results

Shivansh Finserve Limited , a financial services company based in Ahmedabad, has announced significant changes to its board of directors along with its financial results for the quarter ended September 30, 2025. The company's board meeting, held on November 14, 2025, addressed several key matters that are likely to shape its future governance and financial trajectory.

Board Restructuring

The company reported the resignation of two Non-Executive Independent Directors:

Mrs. Pina Chirag Shah (DIN: 08012510)
Mr. Nehalkumar Navinchandra Shah (DIN: 07869702)

Both resignations are effective from November 14, 2025. The directors have confirmed that there are no material reasons for their resignations other than those mentioned in their respective resignation letters.

Simultaneously, the board appointed two new Additional Non-Executive Independent Directors:

Mr. Siddharth Parshottam Gajra (DIN: 10223234)
Mrs. Krati Garg (DIN: 10499597)

Both appointments are for a term of five years, subject to shareholder approval at the upcoming general meeting.

Mr. Gajra brings over five years of extensive experience in Company Secretary practice, with a strong background in corporate compliance, secretarial audits, ROC filings, board advisory, and ongoing corporate governance support.

Mrs. Garg has more than five years of progressive experience as a Company Secretary, covering compliance management, ROC filings, board process management, event-based compliances, and coordinating with authorities for multiple clients.

Financial Performance

The board also approved the standalone unaudited financial results for the quarter and half-year ended September 30, 2025. Key highlights include:

Particulars (in ₹ lakhs)	Q2 FY2026	Q1 FY2026	Q2 FY2025	H1 FY2026	H1 FY2025
Revenue from Operations	260.31	-	-	260.31	10.49
Other Income	16.77	20.11	19.33	36.88	36.94
Total Income	277.08	20.11	19.33	297.19	47.43
Total Expenses	205.51	25.85	21.75	231.36	54.53
Profit/(Loss) Before Tax	71.57	(5.74)	(2.42)	65.83	(7.10)
Net Profit/(Loss)	54.91	(5.65)	(2.33)	49.26	(6.93)
EPS (Basic & Diluted)	0.88	(0.09)	(0.04)	0.79	(0.11)

The company has shown a significant improvement in its financial performance compared to the previous quarter and the same quarter last year. The revenue from operations for Q2 FY2026 stood at ₹260.31 lakhs, a substantial increase from nil revenue in the previous quarter and the same quarter last year.

The net profit for Q2 FY2026 was ₹54.91 lakhs, compared to a loss of ₹5.65 lakhs in Q1 FY2026 and a loss of ₹2.33 lakhs in Q2 FY2025. This turnaround in profitability is reflected in the positive EPS of 0.88 for the quarter.

Balance Sheet Highlights

As of September 30, 2025, Shivansh Finserve Limited reported:

Total Assets: ₹1,301.82 lakhs (down from ₹1,786.42 lakhs as of March 31, 2025)
Total Equity: ₹697.43 lakhs (up from ₹648.18 lakhs as of March 31, 2025)
Non-Current Liabilities: ₹599.68 lakhs (down from ₹787.18 lakhs as of March 31, 2025)
Current Liabilities: ₹4.71 lakhs (significantly down from ₹351.06 lakhs as of March 31, 2025)

The company's balance sheet shows a reduction in total assets, primarily due to a decrease in current assets. However, there's an improvement in the equity position and a significant reduction in current liabilities, indicating better working capital management.

These financial results and board changes come at a time when Shivansh Finserve Limited is positioning itself for potential growth in the financial services sector. The new board appointments may bring fresh perspectives and expertise to guide the company's strategic direction in the coming years.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.95%	+4.64%	-13.65%	+4.64%	+60.58%	+1,434.04%

Shivansh Finserve Ltd has reported a significant change in its shareholding structure, as disclosed under SEBI regulations governing substantial acquisition of shares and takeovers. The Sanjeev Lunkad group, including persons acting in concert, has reduced their stake in the company through open market transactions.

Key Details of the Transaction

Aspect	Details
Sellers	Sanjeev Lunkad, Sneha Lunkad, Rushankss Lunkad, and Riddhi Lunkad
Shares Sold	98,028 equity shares
Transaction Date	November 3, 2025
Previous Holding	10.43% of total share capital
New Holding	8.86% of total share capital
Regulatory Threshold	9%

Impact on Shareholding

The sale has resulted in the Sanjeev Lunkad group's combined holding falling below the 9% regulatory threshold. This move could potentially impact the company's ownership structure and may be of interest to other shareholders and market watchers.

Company Overview

Shivansh Finserve Ltd has a total equity share capital of Rs. 6.24 crore, comprising 62.4 lakh equity shares with a face value of Rs. 10 each. This information provides context to the scale of the transaction and its impact on the company's overall shareholding pattern.

Regulatory Compliance

The disclosure of this transaction aligns with SEBI's regulations on substantial acquisition of shares and takeovers. Such transparency is crucial for maintaining market integrity and keeping shareholders informed about significant changes in ownership.

While the reasons behind the stake reduction have not been disclosed, such movements in shareholding patterns are often closely monitored by investors and analysts for potential implications on the company's future direction and governance.