Shivansh Finserve Limited , a financial services company, has announced significant changes to its board composition along with its financial results for the quarter ended September 30, 2025. The company's board meeting, held on November 14, 2025, resulted in key decisions that may impact its future governance and operations.

Board Restructuring

The company accepted the resignations of two Independent Directors, Mrs. Pina Chirag Shah and Mr. Nehalkumar Navinchandra Shah. Simultaneously, the board appointed Mr. Siddharth Parshottam Gajra and Mrs. Krati Garg as Additional Non-Executive Independent Directors for a term of five years, subject to shareholder approval.

Mr. Gajra brings over five years of experience in corporate compliance and governance, while Mrs. Krati Garg has more than five years of experience in compliance management and board process management. These appointments may strengthen the company's corporate governance framework.

Financial Performance

Shivansh Finserve reported a robust financial performance for Q2 FY2026:

The company's performance shows a significant improvement compared to the same quarter last year. Key highlights include:

• A substantial increase in revenue from operations, which was nil in Q2 FY2025.
• Total income grew by 1333.42% year-over-year.
• The company turned profitable, with a profit after tax of Rs. 54.91 lakhs compared to a loss in the previous year.

Balance Sheet Highlights

As of September 30, 2025:

• Total assets stood at Rs. 1,301.82 lakhs, down from Rs. 1,786.42 lakhs as of March 31, 2025.
• Shareholders' equity increased to Rs. 697.43 lakhs from Rs. 648.18 lakhs at the end of the previous fiscal year.
• The company's borrowings decreased, indicating improved financial health.

Cash Flow Position

For the half-year ended September 30, 2025:

• Net cash flow from operating activities was Rs. 823.81 lakhs.
• The company invested Rs. 71.29 lakhs in its operations.
• There was a reduction in borrowings, reflected in the financing activities.

These financial results and board changes suggest that Shivansh Finserve Limited may be positioning itself for growth while strengthening its governance structure. The company's improved profitability and cash flow position could provide a foundation for future operations in the financial services sector.

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:

1. Mrs. Pina Chirag Shah (DIN: 08012510)
2. 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:

1. Mr. Siddharth Parshottam Gajra (DIN: 10223234)
2. 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:

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.