Typhoon Financial Services Limited announced a key leadership change with the elevation of Director Rishab Chhajer as Managing Director for a five-year term. The appointment was formalized during a Board meeting held on January 16, 2026, based on the recommendation of the company's Nomination and Remuneration Committee.

Board Decision and Appointment Details

The Board of Directors unanimously approved Chhajer's elevation from Director to Managing Director, effective immediately from January 16, 2026. The appointment follows proper corporate governance protocols and is subject to shareholder approval as mandated under the Companies Act, 2013.

Leadership Profile and Qualifications

Rishab Chhajer brings substantial experience in industrial engineering and business administration to his new role. His professional background encompasses expertise across multiple functional areas critical to the company's operations.

Key Qualifications and Experience:

• Educational Background: Bachelor of Industrial Engineering
• Professional Expertise: Industrial Engineering and Business Administration
• Functional Areas: Sales, marketing, and administration
• Industry Experience: Industrialist with comprehensive business management experience

Corporate Governance and Compliance

The appointment adheres to all regulatory requirements under SEBI (LODR) Regulations, 2015. The company has provided necessary disclosures under Regulation 30 of the Listing Regulations, ensuring full transparency with stakeholders.

Board Meeting Proceedings

The Board meeting commenced at 3:00 p.m. and concluded at 4:00 p.m. on January 16, 2026. The decision was communicated to stock exchanges including BSE Limited and Calcutta Stock Exchange Limited, where the company's shares are listed.

The appointment represents a strategic leadership transition for Typhoon Financial Services Limited, positioning the company with experienced leadership to drive future growth initiatives. The elevation of Chhajer reflects the Board's confidence in his capabilities to lead the organization in his expanded role as Managing Director.

Typhoon Financial Services Limited (TFSL) has announced its unaudited financial results for the second quarter ended September 30, 2025, showcasing a notable improvement in revenue and operational efficiency.

Key Financial Highlights

• Revenue Growth: Total revenue from operations for Q2 FY2026 stood at Rs 1,039.00 thousand, compared to Rs 892.00 thousand in the same quarter last year, marking a significant year-on-year growth of 16.48%.

• Profit Performance: The company reported a net profit of Rs 220.00 thousand for Q2 FY2026, down from Rs 226.00 thousand in Q2 FY2025, representing a modest year-on-year decrease of 2.65%.

• Half-Yearly Performance: For the first half of FY2026, TFSL's total income reached Rs 2,074.00 thousand, a substantial increase from Rs 1,444.00 thousand in H1 FY2025, reflecting a robust growth of 43.63%.

• Earnings Per Share: The basic and diluted EPS for Q2 FY2026 was Rs 0.07, slightly lower than Rs 0.08 in Q2 FY2025.

Operational Highlights

TFSL's Board of Directors approved these results in a meeting held on November 12, 2025. The company's performance indicates a focus on core operations and efficient management of expenses:

• Interest Income: The primary revenue driver, interest income, increased to Rs 1,039.00 thousand in Q2 FY2026 from Rs 692.00 thousand in Q2 FY2025, showing a strong growth of 50.14%.

• Expense Management: Total expenses for Q2 FY2026 were Rs 735.00 thousand, compared to Rs 606.00 thousand in Q2 FY2025, indicating a controlled increase in line with business growth.

• Asset Quality: The company reported an impairment of financial instruments of Rs 18.00 thousand in Q2 FY2026, reflecting prudent risk management practices.

Balance Sheet Strength

As of September 30, 2025, TFSL's balance sheet showed:

Outlook

The company's performance in Q2 and H1 FY2026 indicates a positive trend in revenue growth and operational efficiency. With a strong balance sheet and growing loan book, TFSL appears well-positioned in the financial services sector.

Investors and stakeholders will likely watch for continued growth in interest income, management of asset quality, and any strategic initiatives the company may undertake in the coming quarters.