Suvidha Infraestate Corporation News

Suvidha Infraestate Independent Director Retires

Ms. Jaini Vyom Shah completes her second term as Independent Director of Suvidha Infraestate Corporation Limited on 31st March, 2026, ceasing her role upon completion of tenure.

Suvidha Infraestate Corporation Reports Quarterly Loss and Appoints New CFO

Suvidha Infraestate Corporation Limited reported a net loss of Rs 2.25 lakh for the quarter ended September 30, 2025, compared to a loss of Rs 2.19 lakh in the same period last year. The company's half-year loss widened to Rs 7.37 lakh from Rs 7.50 lakh previously. The Board approved the appointment of Mr. Abhijeet Goswami as Additional Non-Executive Director and Chief Financial Officer effective November 1, 2025. The company noted it has accumulated losses and is not currently carrying on gainful economic activities, with no virtual certainty that losses will be recouped in the foreseeable future. The company operates primarily in construction of residential and commercial complexes.

Suvidha Infraestate Corporation's Promoter and CFO Mr. Anupkumar K. Goswami Passes Away

Suvidha Infraestate Corporation Limited announced the sudden demise of Mr. Anupkumar K. Goswami on September 13, 2025. He served as Promoter, Whole Time Director, and Chief Financial Officer of the company. Goswami held 1,25,360 equity shares representing 1.41% of the company. His death will result in his cessation from the Promoter/Promoter Group. He was scheduled to retire by rotation at the company's 33rd Annual General Meeting on September 19, 2025, but this agenda item will no longer be taken up due to his passing.

Suvidha Infraestate Reports Q1 2025 Loss, Appoints New Independent Director and Secretarial Auditors

Suvidha Infraestate Corporation Limited reported a net loss of Rs 5.13 lakh for Q1 2025, compared to a profit of Rs 6.25 lakh in the previous quarter. The company recorded zero revenue from operations during the quarter. The Board approved the appointment of Ms. Parul K. Gajjar as Additional Director and Independent Non-Executive Director effective September 1, 2025, for a five-year term. The company also appointed M/s. Nishant Pandya & Associates as Secretarial Auditors for financial years 2025-26 to 2029-30. The 33rd Annual General Meeting is scheduled for September 19, 2025, via video conferencing. The company operates in residential and commercial construction but noted it has accumulated losses and is not currently carrying on gainful economic activities.