Imec Services Ltd — Important, 14-02-2026: Company Update

IMEC Services' Board approved the financial results for the quarter and nine months ended December 31, 2025. The company announced the resignation of its Company Secretary and Compliance Officer, Mr. Adnan Kanchwala, effective March 02, 2026, as he pursues new career opportunities. Auditors highlighted a significant revenue reduction due to completed contracts. Concerns were raised about ₹0.68 Cr in professional fees not correlating with ₹0.22 Cr revenue, and a substantial ₹19.57 Cr in receivables from a 2023 contract remains unrealized, with only ₹1 Cr collected in nine months.