Take Solutions Limited, a technology solutions provider, has announced a change in its board composition. Mr. Srinivasan Ramani Harikesanallur has stepped down from his role as Non-Executive Non-Independent Director, effective December 1, 2025.

Resignation Details

Mr. Harikesanallur cited pre-occupations and personal commitments as the reasons for his departure. The company disclosed this information to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in compliance with regulatory requirements.

Impact on Board Composition

The resignation of Mr. Harikesanallur affects the structure of Take Solutions' board. As a Non-Executive Non-Independent Director, his role involved providing guidance and oversight without being involved in the day-to-day operations of the company.

Company Overview

Take Solutions Limited is known for its focus on technology, analytics, and knowledge enterprise services. While the company's board undergoes this change, it's worth noting some key financial metrics from its recent balance sheet:

These figures indicate significant changes in the company's financial position over the past year, which may be relevant context for understanding the broader corporate environment in which this board change is occurring.

Looking Ahead

The company has not yet announced a replacement for Mr. Harikesanallur. Shareholders and market observers will likely be watching closely to see how Take Solutions addresses this change in its board composition and what impact, if any, it may have on the company's strategic direction.

Take Solutions will need to ensure that its board continues to have the right mix of skills and experience to guide the company through its current financial situation and future challenges in the technology and analytics sector.

Esyspro Infotech Limited, a promoter entity of Take Solutions Limited, has divested its entire stake in the company through an off-market transaction. The sale, which took place on November 6, 2025, involved 75,40,998 equity shares of Take Solutions, each with a face value of Re. 1.

Transaction Details

Impact on Shareholding

The transaction has resulted in a significant change in the promoter group's shareholding in Take Solutions Limited:

Regulatory Compliance

The disclosure of this transaction was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Esyspro Infotech Limited filed the necessary documentation with both the BSE Limited and the National Stock Exchange of India Limited on November 8, 2025.

Remaining Promoter Holding

After the transaction, the only remaining promoter holding in Take Solutions Limited is:

This sale marks a significant reduction in the promoter group's stake in Take Solutions Limited. The market will likely be watching closely for any potential impacts on the company's governance and strategic direction following this substantial change in ownership structure.