Padmanabh Industries Appoints New Managing Director

Padmanabh Industries Limited appoints Akash Parmar as Managing Director for five years effective February 27, 2026, replacing Dhairyaa Bharatbhai Shah who resigned to pursue other opportunities.

Padmanabh Industries Reports Net Loss for Quarter and Half-Year Ended September 30, 2025

Padmanabh Industries Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a net loss of Rs 2.93 lakhs for the quarter compared to a loss of Rs 0.06 lakhs in the previous year quarter. For the half-year period, the net loss was Rs 21.44 lakhs versus Rs 6.61 lakhs in the corresponding period last year. Revenue from operations was Rs 2.47 lakhs for the quarter. The company's cash and cash equivalents decreased to Rs 5.83 lakhs from Rs 8.47 lakhs at the beginning of the period. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 7, 2025. The auditors noted emphasis of matter regarding pending verification of trade receivables, trade payables, and loans and advances, and mentioned that the company did not have a GSTN during the audit period.

Padmanabh Industries Reports Net Loss of Rs. 2.05 Lacs in Q2 2025, Appoints New CFO Amid Board Changes

Padmanabh Industries Limited reported a net loss of Rs. 2.05 lacs for the quarter ended June 30, 2025, compared to a profit of Rs. 6.96 lacs in the previous quarter. The company held a board meeting on August 12, 2025, where it approved these unaudited financial results. Significant leadership changes were announced, including the appointment of Mr. Umesh Pravinbhai Parghi as Chief Financial Officer effective August 13, 2025. The company also accepted resignations from two directors: Ms. Shvetalben Sagarbhai Dataniya resigned from her directorship effective August 13, 2025, and Mr. Jaydeep Bakul Shah resigned from his position as Independent Director effective August 12, 2025. The board also reconstituted various committees during the meeting.

Padmanabh Industries Appoints New Managing Director Following Leadership Resignation

Padmanabh Industries Limited announced significant board changes effective July 23, 2025. The company appointed Mr. Dhairya Bharatbhai Shah as Managing Director for a five-year term, replacing Mr. Santoshkumar Hardwari who resigned from both Managing Director and Chief Financial Officer positions. Additionally, Ms. Manali Rajeshbhai Patel was appointed as Non-Executive Additional Director. Shah holds a commerce degree with marketing experience, while Patel brings over three years of accounting expertise. Both new directors have no relationships with existing board members and hold no other listed company directorships. The board meeting was conducted on July 22, 2025, lasting 45 minutes.