Shashank Traders Ltd — Important, 02-06-2026: Company Update

The Board has approved the financial results for the quarter and financial year ended March 31, 2026, reporting a net loss of 0.22 Cr. Auditors noted no business revenue for a prolonged period and an investment of 2.41 Cr. Management is exploring new ventures. Key operational shifts include a proposed name change and a new Corporate Office in Kolkata. There was a significant leadership overhaul, with the Managing Director, CFO, and Company Secretary resigning. New appointments include an Independent Director, a Chief Financial Officer, a Company Secretary, and a Chief Experience Officer, leading to committee reconstitution and new Secretarial and Internal Auditors.