Shriram Properties Senior VP Shekar H.K. Resigns, Effective March 2026

1 min read     Updated on 07 Mar 2026, 05:13 PM
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Reviewed by
Shriram SScanX News Team
Overview

Shriram Properties Limited has announced the resignation of Mr. Shekar H.K, who served as National Head and Senior Vice President CXM. His resignation, effective March 07, 2026, is driven by his pursuit of career advancement opportunities outside the organization. The company has complied with SEBI regulations by formally notifying stock exchanges about this senior management change.

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

Shriram Properties Limited has announced the resignation of a key senior management personnel, marking a significant change in its leadership structure. The company has informed stock exchanges about this development in compliance with regulatory requirements.

Senior Management Departure

Mr. Shekar H.K, who served as National Head and Senior Vice President CXM, has tendered his resignation to pursue growth opportunities outside the organization. His resignation will be effective from the close of business hours on March 07, 2026.

Parameter: Details
Position: National Head and Senior Vice President CXM
Effective Date: March 07, 2026
Reason: Career advancement opportunities
Resignation Date: January 25, 2026

Regulatory Compliance

The company has fulfilled its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by formally notifying both the National Stock Exchange of India Limited and BSE Limited about this senior management change.

The resignation letter, dated January 25, 2026, was addressed to Mr. Gopalakrishnan J, Chief Executive Officer of Shriram Properties Limited. In his resignation letter, Mr. Shekar expressed satisfaction with his tenure at the company while citing career advancement as the primary reason for his departure.

Corporate Communication

The formal intimation was signed by K. Ramaswamy, Company Secretary & Compliance Officer, and has been made available on the company's official website at www.shriramproperties.com . The disclosure includes comprehensive details about the resignation as required under SEBI regulations.

With Mr. Shekar's departure, he will cease to be a Senior Management Personnel of the company. The resignation represents a planned transition as the executive pursues new opportunities in his professional career outside the organization.

Historical Stock Returns for Shriram Properties

1 Day5 Days1 Month6 Months1 Year5 Years
-1.58%-5.85%-2.53%-16.51%+4.60%-24.43%

Shriram Properties Makes Q3 FY26 Investor Call Audio Recording Available Online

3 min read     Updated on 11 Feb 2026, 03:03 PM
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Reviewed by
Radhika SScanX News Team
Overview

Shriram Properties has made available the audio recording of its February 14, 2026 investor conference call discussing Q3 FY26 financial performance on its website. The company reported 51% YoY growth in operational income to ₹626.50 crores for 9M FY26, while maintaining revised guidance targets including 4.50+ msf sales volume and ₹2,600+ crores sales value for FY26.

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

Shriram Properties Limited has made the audio recording of its investor conference call available online following the comprehensive Q3 FY26 earnings discussion held on February 14, 2026. The company submitted notification to stock exchanges under SEBI Regulation 30 on February 15, 2026, informing stakeholders about the availability of the recorded session.

Audio Recording and Accessibility

The investor conference call was conducted on Saturday, February 14, 2026, to discuss the financial performance and unaudited financial results for the third quarter and nine months ended December 31, 2025. The audio recording has been uploaded on the company's official website for stakeholder access.

Conference Call Details: Information
Date: February 14, 2026
Purpose: Q3 & 9M FY26 Financial Discussion
Recording Access: www.shriramproperties.com/financials
Notification Date: February 15, 2026
Signatory: K. Ramaswamy (ACS 28580)

Board Meeting and Regulatory Compliance

The Board of Directors meeting was held on February 14, 2026, commencing at 12:00 Noon and concluding at 01:25 P.M. The board considered and approved the unaudited financial results for both standalone and consolidated operations for the third quarter and nine months ended December 31, 2025.

Meeting Details: Information
Date: February 14, 2026
Start Time: 12:00 Noon
End Time: 01:25 P.M.
Results Period: Q3 & 9M ended December 31, 2025
Format: Standalone and Consolidated

Financial Performance Overview

The company reported mixed financial results for Q3 and 9M FY26, with revenue recognition impacted by deferred handovers and e-Khata issues. Despite challenges, the company maintained healthy operational metrics.

Financial Highlights: 9M FY26 9M FY25 Growth
Income from Operations: ₹626.50 Crores ₹415.70 Crores +51% YoY
Total Operating Revenues: ₹671.10 Crores ₹529.80 Crores +27% YoY
Total Revenues: ₹694.20 Crores ₹545.90 Crores +27% YoY
EBITDA with JV Profit: ₹82.90 Crores ₹113.70 Crores -27% YoY
Net Profit: ₹22.30 Crores ₹29.60 Crores -25% YoY

Operational Performance Highlights

Q3 FY26 marked a landmark quarter strategically for the company. The presentation highlighted stabilization achieved with recovery underway, despite temporary delays in new project approvals impacting Q3 sales performance.

Operational Metrics: Q3 FY26 Performance
Business Development Addition: 2.80 msf during 9M FY26
Expected Q4 Addition: 3-4 msf likely
Cashflow from Operations: ₹193.00 Crores unlocked
Net Debt-Equity Ratio: 0.30
GDV Addition (9M): ₹2,900.00 Crores

Management Guidance and Future Outlook

The company provided revised FY26 guidance, maintaining optimism despite temporary challenges. Management expects strong Q4 performance with multiple project launches planned across key markets. The company also announced that the transcript of the conference call will be shared with stock exchanges and uploaded on the website in due course.

FY26 Revised Guidance: Target
Sales Volume: 4.50+ msf
Sales Value: ₹2,600.00+ Crores
Collections: ₹1,700.00+ Crores
Handovers: 3,500+ Units
Project Completions: 8-10 Projects
Pipeline Addition: 3.50-4.00 msf

The notification, digitally signed by K. Ramaswamy, Company Secretary & Compliance Officer, ensures transparency and regulatory compliance. Stakeholders can access the complete audio recording through the company's financial section at www.shriramproperties.com/financials for detailed insights into the company's Q3 FY26 performance and strategic outlook.

Historical Stock Returns for Shriram Properties

1 Day5 Days1 Month6 Months1 Year5 Years
-1.58%-5.85%-2.53%-16.51%+4.60%-24.43%

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1 Year Returns:+4.60%