Yuranus Infrastructure Limited , a company listed on the BSE (Security Code: 536846), has announced a significant change in its key management personnel. Anant Bhatt, who served as the Company Secretary and Compliance Officer, has tendered his resignation to pursue opportunities outside the organization.

Resignation Details

Anant Bhatt submitted his resignation letter on July 15, 2025, expressing his intention to step down from his roles as Company Secretary, Key Managerial Personnel, and Compliance Officer under Regulation 6 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The company has informed that Bhatt will continue in his current position until the closing hours of August 25, 2025.

Regulatory Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Yuranus Infrastructure Limited has duly informed the BSE Limited about this development. The company has also submitted the necessary disclosure as required by SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Bhatt's Tenure and Departure

During his time with Yuranus Infrastructure Limited, Anant Bhatt (ACS 42909) played a crucial role in managing the company's secretarial and compliance matters. In his resignation letter, Bhatt expressed gratitude to the Board of Directors, Senior Management, and colleagues for their support and trust during his professional association with the company.

Company's Response

Nitinbhai Govindbhai Patel, the Chairman cum Managing Director of Yuranus Infrastructure Limited, has acknowledged Bhatt's resignation on behalf of the company. The management will now be tasked with finding a suitable replacement to fill this important position.

Next Steps

Yuranus Infrastructure Limited has stated that it will file the necessary forms with the Registrar of Companies, Ministry of Corporate Affairs, and provide intimation to the stock exchanges to formalize Bhatt's resignation. The company is likely to initiate the process of appointing a new Company Secretary and Compliance Officer to ensure continuity in its regulatory compliance and secretarial functions.

This change in key managerial personnel comes at a time when companies are increasingly focusing on strong corporate governance practices. The role of Company Secretary and Compliance Officer is crucial in ensuring that a listed entity adheres to various regulatory requirements and maintains transparency in its operations.

Yuranus Infrastructure Limited announced significant changes in its auditing arrangements alongside its Q1 financial results. The company's statutory auditors, M/s Mistry & Shah LLP, Chartered Accountants, have tendered their resignation effective July 31, 2025.

Auditor Resignation

M/s Mistry & Shah LLP cited an internal strategic realignment as the primary reason for their departure. The firm has decided to restrict its assurance services, including statutory audits, as part of a broader policy decision. The auditors emphasized that their resignation was not related to any specific event, governance issue, or performance of Yuranus Infrastructure Limited.

The Board of Directors, on the recommendation of the Audit Committee, accepted the auditors' resignation. M/s Mistry & Shah LLP had been appointed as statutory auditors on September 28, 2024, with their term originally set to conclude at the 35th Annual General Meeting.

Q1 Financial Results

Alongside this announcement, Yuranus Infrastructure Limited released its unaudited financial results for the quarter ended June 30, 2025:

The company experienced a significant decline in revenue from operations during Q1. Management attributed this to limited viable trading opportunities aligned with its operational benchmarks and prevailing market conditions.

Financial Performance Analysis

Yuranus Infrastructure's Q1 results show a stark contrast to the same period last year:

• Revenue from operations plummeted by 99.83% year-over-year.
• The company reported a net loss of 16.01 lakhs compared to a profit of 31.77 lakhs in Q1 of the previous year.
• Earnings per share (EPS) turned negative at (0.46) compared to 0.91 in the corresponding quarter of the previous year.

Management Commentary

The management stated that they are evaluating new business avenues while maintaining a focus on prudent financial management and long-term value creation. The significant decline in revenue has prompted a reassessment of the company's operational strategies.

Looking Ahead

As Yuranus Infrastructure navigates through these challenges, stakeholders will be keenly watching the company's efforts to revitalize its operations and improve financial performance. The search for new statutory auditors and potential strategic shifts in business focus will be crucial developments to monitor in the coming months.

The company's ability to adapt to current market conditions and identify new growth opportunities will be critical in reversing the downward trend observed in this quarter's results.