Shree steel wire ropes Limited has announced a key management personnel change with the resignation of its Company Secretary and Compliance Officer. The company informed BSE Limited about this corporate development in compliance with regulatory disclosure requirements.

Key Management Personnel Change

Mr. Manoj C. Patade, holding membership number A58964, has tendered his resignation from the position of Company Secretary and Compliance Officer (KMP) of the company. The resignation becomes effective from close of business hours on February 02, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to BSE Limited along with required documentation including the resignation letter and detailed annexure.

Disclosure Requirements Met

As per SEBI regulations, the company provided comprehensive information about the resignation:

• Nature of Change: Resignation from Company Secretary and Compliance Officer position
• Effective Timeline: From close of business hours on February 02, 2026
• Documentation: Complete resignation letter and regulatory annexure submitted
• Compliance Reference: SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

Corporate Communication

The resignation letter, dated December 29, 2025, cited the pursuit of alternate career opportunities outside the organization as the reason for departure. Mr. Patade expressed gratitude to the Board and fellow members for their support during his tenure as Company Secretary.

The announcement was signed by Managing Director Ashish L. Sajnani (DIN: 00262225) and submitted to BSE Limited for record maintenance. The company operates under CIN L45202MH1992PLC067466 and maintains its administrative office in Mumbai.

Shree Steel Wire Ropes Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing significant challenges in operational performance. The Mumbai-based manufacturer of steel wire ropes, railway electrification equipment, and allied products reported widening losses across both quarterly and nine-month periods.

Financial Performance Overview

The company's financial performance showed deterioration across key metrics during the reporting period. The quarterly results reflected substantial revenue decline and increased losses compared to the previous year.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, demonstrated similar trends with significant revenue contraction and substantial increase in net losses. Revenue from operations declined to ₹307.34 lakhs from ₹830.75 lakhs in the corresponding period of FY25, representing a decrease of 63.01%.

Expense Structure and Cost Management

The company's expense structure showed mixed trends during Q3FY26. Cost of materials consumed decreased to ₹68.29 lakhs from ₹161.55 lakhs in Q3FY25, reflecting the lower production volumes. Employee benefit expenses declined to ₹34.95 lakhs from ₹51.00 lakhs, while other expenses decreased to ₹29.89 lakhs from ₹34.45 lakhs in the corresponding quarter.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 30, 2026. The board meeting commenced at 10:00 a.m. and concluded at 5:00 p.m. The results were prepared in accordance with Indian Accounting Standards and SEBI regulations.

Regulatory Compliance and Publication

In compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the company published extracts of its unaudited financial results in newspapers on January 31, 2026. The publications appeared in Navshakti (Marathi) and The Free Press Journal (English), fulfilling the mandatory disclosure requirements for listed companies.

Business Segment Information

Shree Steel Wire Ropes Limited operates as a single business segment focused on manufacturing steel wire ropes and wire rope allied products. The company maintains Bureau of Indian Standards certification and ISO 9001 quality management system certification. As a standalone entity without subsidiaries, associates, or joint ventures, the company submitted only standalone financial results for the reporting period.