SHANTI NSE filing

Shanti Overseas Board Approves Q3 Results, Appoints New CFO

The RealCase readMedium impact Neutral

Shanti Overseas announced its Q3 results with standalone profit at ₹161.28 lakhs and consolidated profit at ₹161.94 lakhs for the quarter ended December 31, 2025. Mr. Sumit Suresh Bhinge has been appointed as the new CFO, effective February 13, 2026. M/s. D R N & Associates appointed as Internal Auditor for FY26-27.

Why it matters

The appointment of a new CFO and the approval of quarterly results are material events for the company. The financial performance for the quarter shows a profit, which is positive, but the overall financial health indicated by the nine-month results requires further analysis, suggesting a medium impact.

The market read

The announcement includes routine financial results and management changes. While the appointment of a new CFO is a significant event, the financial performance presented is mixed, with profits in the current quarter but losses in previous periods, leading to a neutral sentiment.

The Board of Directors of Shanti Overseas (India) Limited, in its meeting held on February 13, 2026, approved the un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board also accepted the resignation of Mr. Pankaj Agarwal as Chief Financial Officer, effective February 9, 2026, and expressed appreciation for his contributions.

Concurrently, the Board appointed Mr. Sumit Suresh Bhinge as the new Chief Financial Officer and designated him as Key Managerial Personnel, effective February 13, 2026. Additionally, M/s. D R N & Associates were appointed as the Internal Auditor for FY 2025-26 and 2026-27. The meeting commenced at 5:30 PM and concluded at 6:15 PM.

The financial results for the nine months ended December 31, 2025, show a profit of ₹175.34 lakhs for standalone operations and ₹176.53 lakhs for consolidated operations. For the quarter ended December 31, 2025, standalone profit was ₹161.28 lakhs and consolidated profit was ₹161.94 lakhs. Basic EPS for the nine months stood at ₹1.58 (standalone) and ₹1.59 (consolidated), while for the quarter it was ₹1.45 (standalone) and ₹1.46 (consolidated).

Filing to action

What to do with a filing like this

Shanti Overseas (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Shanti Overseas (India) Limited. Read the original for the full detail.

View original filing