Upsurge Investment & Finance has announced the resignation of its Company Secretary and Compliance Officer, effective December 31, 2025. The company informed the Bombay Stock Exchange of this key managerial personnel change through a regulatory filing on December 24, 2025.

Resignation Details

Mr. Jitendra Kumar Gupta (ACS 68061) submitted his resignation letter on December 24, 2025, citing professional goals and personal circumstances as the reasons for his decision. The resignation becomes effective from the close of business hours on December 31, 2025.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, regarding changes in key managerial personnel.

Mr. Gupta confirmed in his resignation letter that there are no other material reasons for his resignation beyond the professional goals and personal circumstances mentioned. He has committed to ensuring a smooth transition of responsibilities and will cooperate in handing over records and necessary documentation.

Company Information

Upsurge Investment & Finance Limited is listed on the Bombay Stock Exchange with scrip code 531390. The company's registered office is located at 303, Morya Landmark-1, Behind Crystal Plaza, Off. New Link Road, Andheri (W), Mumbai-400053. The resignation notification was signed by Managing Director Dayakrishna Goyal (DIN-00398539).

The company has requested the stock exchange to take note of this personnel change and maintain it on record as per regulatory requirements.

Upsurge Investment & Finance Limited has released its unaudited financial results for the second quarter ended September 30, 2025, revealing a significant decline in profitability despite diverse revenue streams.

Key Financial Highlights

Revenue Breakdown

The company's revenue for Q2 2025 was composed of:

• Sale of shares and securities: ₹1,719.79 lakhs
• Net gain on fair value changes: ₹316.92 lakhs
• Interest income: ₹141.23 lakhs
• Dividend income: ₹59.73 lakhs

Expenses and Profitability

Total expenses for the quarter stood at ₹2,194.23 lakhs, with purchases of stock-in-trade being the largest component at ₹2,957.13 lakhs. This high level of expenses, particularly in stock purchases, significantly impacted the company's profitability for the quarter.

Half-Year Performance

For the six-month period ending September 30, 2025, Upsurge Investment & Finance reported:

• Profit: ₹861.55 lakhs
• Revenue: ₹4,536.79 lakhs

Company Overview

Upsurge Investment & Finance Limited operates as a Non-Banking Financial Company (NBFC) with a paid-up equity share capital of ₹2,007.14 lakhs. The company's financial activities include interest income, dividend income, and trading in shares and securities.

Corporate Governance

The company's Board of Directors convened on November 11, 2025, to review and approve the unaudited financial results. The meeting, which began at 5:00 PM and concluded at 5:27 PM, followed a review by the Audit Committee. This prompt disclosure aligns with SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Investors and stakeholders can access the detailed financial results on the company's website at https://upsurgeinvestment.com/ , in compliance with Regulation 46 of SEBI (LODR) Regulations, 2015.

The significant drop in profitability may raise questions among investors about the company's strategy and market positioning in the current financial landscape.