Latest news about Covance Softsol
Covance Softsol
141.95
-1.15(-0.80%)
Company Performance:
View Company Insights1D-0.80%
1M-0.66%
6M-17.13%
1Y+161.95%
5Y+8,662.35%
More news about Covance Softsol
01Jun 26
Covance Softsol reports FY26 net profit of ₹630.40 lakh
Covance Softsol Limited announced its audited financial results for the quarter and year ended March 31, 2026, reporting a consolidated net profit of ₹3,169.98 lakh for Q4 and ₹630.40 lakh for the full year. The board approved the results on May 30, 2026, with statutory auditors issuing an unmodified opinion.
03Apr 26
Covance Softsol Limited Submits SEBI Regulation 74(5) Certificate for Q4FY26
Covance Softsol Limited submitted its Q4FY26 certificate under SEBI Regulation 74(5) on April 3, 2026, covering the quarter ended March 31, 2026. KFin Technologies Limited, the company's RTA, confirmed compliance with all dematerialization procedures during January 1-March 31, 2026, including timely processing of demat requests and proper maintenance of securities records.
15Feb 26
Swaraj Suiting Limited Announces Q3FY26 Financial Results Under SEBI Regulation 33
Swaraj Suiting Limited has announced its Q3FY26 financial results for the quarter and nine months ended December 31, 2025, with Board approval obtained on February 13, 2026. The company has ensured full compliance with SEBI Regulation 33 requirements and made the unaudited standalone and consolidated results accessible through stock exchange websites and company platforms.
17Nov 25
Covance Softsol Limited Shareholders Approve Aravind Kumar Madala as Director
Covance Softsol Limited, a Hyderabad-based software company, has appointed Mr. Aravind Kumar Madala (DIN: 06994824) as a Director through a postal ballot process. Shareholders approved the appointment with the required majority. Mr. Madala was initially appointed as an Additional Director on September 01, 2025, and received shareholder approval on November 15, 2025, through remote e-voting. The appointment adheres to regulatory requirements, including sections of the Companies Act, 2013, and SEBI regulations. It was recommended by the Nomination and Remuneration Committee, Audit Committee, and Board of Directors before shareholder approval.
25Oct 25
Covance Softsol Reports Strong Q2 Growth and Board Changes
Covance Softsol Limited announced strong financial results for Q2 FY2026. Standalone revenue increased by 34.20% to ₹20.05 crore, while net profit surged by 1035.51% to ₹15.67 crore. Consolidated revenue grew by 29.15% to ₹25.30 crore, with net profit up 48.76% to ₹15.01 crore. The company dissolved its Rights Issue Committee and Mr. Bhaskar Rao Madala resigned as Director. A recent rights issue raised ₹73.82 crore, increasing the equity share capital.
18Aug 25
Covance Softsol to Determine Rights Issue Terms in Upcoming Committee Meeting
Covance Softsol Limited has announced a Rights Issue Committee meeting on August 21, 2025, to finalize terms of its upcoming rights issue. The committee will determine the issue price and entitlement ratio for fully paid-up equity shares with a face value of Rs. 10.00 each. The rights issue was initially approved by the board on August 14, 2025. The trading window for company securities will remain closed until 48 hours after the meeting concludes, in compliance with SEBI regulations.
15Aug 25
Covance Softsol Reports 585% Surge in Standalone Revenue Amid Business Transition
Covance Softsol, a newly demerged IT/ITES company, reported a 585% increase in standalone revenue to ₹1,740.13 lakhs for Q1 ending June 30, 2025. Net profit after tax rose by 4,884% to ₹828.27 lakhs. Consolidated revenue grew 43% to ₹3,327.77 lakhs, but consolidated net profit declined 18% to ₹777.82 lakhs. The company faces operational challenges with no active business operations after BSNL contracts concluded. A legal dispute with M/s Mudunuru Limited involves a claim of ₹12.05 crores, which management disputes. Covance Softsol is exploring new technological product development for future growth.
11Aug 25
Covance Softsol to Review Q1 Results and Consider Rights Issue in Upcoming Board Meeting
Covance Softsol Limited has scheduled a board meeting for August 14, 2025, in Hyderabad. The agenda includes reviewing Q1 FY2026 unaudited financial results and considering a proposal for a rights issue of equity shares. The meeting will also address other business items as permitted by the Chair. This announcement is in compliance with SEBI regulations.
26Jul 25
Covance Softsol Shareholders Approve Authorized Share Capital Increase to Rs. 27 Crores
Covance Softsol Limited received shareholder approval to raise its authorized share capital from Rs. 15.00 crores to Rs. 27.00 crores during its 2nd Annual General Meeting. The new capital structure comprises 2.70 crore equity shares with a face value of Rs. 10.00 each. The company's Memorandum of Association was amended to reflect this change. Other resolutions passed include the adoption of financial statements, reappointment of Mr. Srinivasa Rao Madala as Director, and appointment of M/s B S S & Associates as Secretarial Auditors for a five-year term.
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