VCU Data Management Limited , a company listed on the Bombay Stock Exchange (BSE: 536672), has announced the withdrawal of an application for reclassification of Mr. Shripal Kantilal Bafna from the 'Promoter/Promoter Group' category to the 'Public' category. This development comes after careful consideration by Mr. Bafna, who currently holds 15,34,000 shares in the company.

Background

On June 24, 2025, VCU Data Management had submitted an application to the stock exchanges for the reclassification of certain individuals from the promoter category to the public category. This application included requests for both Mr. Shripal Kantilal Bafna and Mr. Sanjay Vardhan.

Withdrawal Details

According to the company's latest communication to the BSE:

• Mr. Shripal Kantilal Bafna has formally requested to withdraw his application for reclassification.
• The company has asked the stock exchange not to process Mr. Bafna's reclassification application.
• VCU Data Management has requested that the separate reclassification application for Mr. Sanjay Vardhan should continue to be processed.

Official Statement

In a letter dated August 26, 2025, Mr. Sanjay Manharlal Joshi, the Managing Director of VCU Data Management Limited, stated:

"We would like to inform you that Mr. Shripal Kantilal Bafna, holding 15,34,000 shares in the Company, a member of the Promoter group, has submitted a request to withdraw his application for reclassification from the promoter category to the public category."

Implications

The withdrawal of Mr. Bafna's reclassification application means that he will continue to be categorized under the 'Promoter/Promoter Group' for VCU Data Management Limited. This decision does not affect the ongoing reclassification process for Mr. Sanjay Vardhan, which the company has confirmed will proceed as planned.

Next Steps

VCU Data Management has requested the BSE to acknowledge the withdrawal and update their records accordingly. The company will continue with the reclassification process for Mr. Sanjay Vardhan as originally intended.

Investors and stakeholders of VCU Data Management Limited should take note of this change in the company's promoter reclassification plans. As always, any decisions regarding investments should be made based on comprehensive analysis and individual financial goals.

VCU Data Management Limited , a company listed on the Bombay Stock Exchange (BSE: 536672), has reported its financial results for the quarter ended June 30, 2025. The company's performance shows a mixed picture with a return to profitability despite a significant decrease in total income.

Financial Highlights

Key Points

1. Profitability: VCU Data Management reported a net profit of Rs 0.33 lacs for Q1 FY2026, marking a turnaround from the net loss of Rs 20.72 lacs in the previous quarter. However, this profit is significantly lower than the Rs 10.28 lacs reported in the same quarter last year.

2. Revenue Decline: The company's total income decreased sharply to Rs 5.65 lacs from Rs 31.69 lacs in the previous quarter and Rs 36.29 lacs in Q1 FY2025. The entire income for the quarter was classified as 'Other Income', with no revenue from operations.

3. Expense Management: Total expenses saw a substantial reduction, dropping to Rs 5.47 lacs from Rs 59.37 lacs in the previous quarter. This significant cost-cutting has been a key factor in the company's return to profitability.

4. Capital Structure: The company's paid-up equity share capital remains unchanged at Rs 1,550 lacs, with a face value of Rs 10 per share.

5. Earnings Per Share: The basic and diluted earnings per share for Q1 FY2026 stood at Rs 0.00, an improvement from the negative Rs 0.13 in the previous quarter but lower than the Rs 0.07 reported in Q1 FY2025.

Management Commentary

The management of VCU Data Management Limited stated that they are in the process of identifying better business opportunities. In the interim, to generate returns from idle funds, these resources have been invested in interest-bearing assets. The company plans to utilize these funds once a suitable business opportunity is identified.

Board Meeting Details

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on August 11, 2025. The meeting commenced at 3:00 PM and concluded at 4:10 PM.

The company's financial results will be made available on its website ( www.vcupack.in ) and on the BSE website ( www.bseindia.com ).

As VCU Data Management Limited navigates through a period of reduced income and seeks new business opportunities, investors and stakeholders will be watching closely to see how the company's strategy unfolds in the coming quarters.