TARC Limited — Others, 12-08-2025: Change in Director(s)

TARC's board has approved its Q1 FY26 consolidated financial results, reporting a profit of 54.21 Cr. The standalone results showed a loss of 137.43 Cr, impacted by significant impairment allowances and write-offs totaling 114.27 Cr. Key leadership re-appointments, including Mr. Miyar Ramanath Nayak as Independent Director and Mr. Amar Sarin as MD & CEO for five-year terms, were also approved, pending shareholder vote at the upcoming September 25 AGM. Mrs. Muskaan Sarin was redesignated as Whole Time Director & Chief Brand Officer. The company also issued debentures worth 835.00 Cr while redeeming 688.38 Cr during the quarter.