Cressanda Railway Solutions Ltd

Financial highlights & actions

• FY2026 total revenue from operations: ₹1,181.81 Lakhs, down from ₹2,493.78 Lakhs in FY2025.
• Net loss after tax for FY2026: ₹786.85 Lakhs.
• EPS: Basic and Diluted at ₹-0.19 for FY2026; ₹0.01 for FY2025.
• Revenue from sales ₹686.95 Lakhs; Other revenue ₹494.86 Lakhs for FY2026.
• Total expenses ₹1,998.75 Lakhs in FY2026.
• AGM date fixed at 30 September 2026.
• Board approved standalone and consolidated audited results; AGM to be published in newspapers.
• Starting separation of subsidiaries including Cressanda Consumers Private Limited.
• Paid-up equity share capital ₹4,227.35 Lakhs.
• Total equity stood at ₹9,602.26 Lakhs as on 31 March 2026.

Meeting Details

• Board meeting scheduled for 17 August 2026; no time or venue disclosed.

Key Agenda Items

• Approval of Audited standalone and Consolidated financial results for quarter/year ended 31 March 2026.
• Any Other Business with permission of the Chair.

Other Notes

• No trading window closure details provided.

Kapil Gautam appointment

• Appointment of Kapil Gautam as Non-Executive Director, effective 11 June 2026.
• Also appointed as member of CSR and Risk Management Committees from 11 June 2026.
• Reason: appointment approved following Nomination and Remuneration Committee recommendations.
• Brief profile: Analyst with system management, tech coordination, and digital platforms experience.
• Relationship with other Directors: Nil.

Satya Prakash resignation

• Resignation of Satya Prakash as Independent Director, effective 11 June 2026.
• Reason: personal reasons; no other material reasons stated.
• Relationship with other Directors: Nil.
• Impact: vacancy in Independent Director role; no replacement disclosed.

Dematerialisation/rematerialisation status

• Certificate filed under Regulation 74(5) for the period; processing status not disclosed in excerpt.

Cyber fraud and impersonation incident

• Fraudulent domain www.cressandarailway.com and email info@cressandarailway.com impersonate the company.
• Ex-employee Devendra Jha and head of Ocean IT Solutions implicated in misrepresentation to government clients.
• Company has alerted Eastern Railway and Maharashtra departments to disregard communications from the fraudulent domain.
• Actions include terminating access for Ocean IT Solutions and Kamlesh, and initiating a cybersecurity audit.
• Legal measures underway, including filing with Cyber Crime Cell under IT Act and IPC.
• Company is pursuing trademark infringement and corporate identity theft actions.

CRESSANDA RAILWAY SOLUTIONS LIMITED — Trading Window closure from July 1, 2026 till the expiry of 48 hours after the un-audited Financial Results for the quarter ended June 30, 2026 become generally available information

Appointment

• Mr. Kapil Gautam appointed as Executive Director, effective 11 June 2026.
• He was also appointed to the CSR and Risk Management Committees from 11 June 2026.
• Reason: board approval based on Nomination and Remuneration Committee recommendation.
• Profile: commerce background; experience as analyst in system management, technical coordination, and digital platforms.
• No relationship with other directors was disclosed.

Resignation

• Mr. Satya Prakash resigned as Independent Director, effective 11 June 2026.
• Reason stated: personal reasons.
• No other material reasons for resignation were disclosed.
• No relationship with other directors was disclosed.

Management Changes ️

• Mr. Chander Parkash Sharma resigned as Chairman and Independent Director effective 2 March 2026.
• Mr. Sharma also ceased as Member of the Remuneration Committee from 2 March 2026.
• Resignation reason: personal commitments and other responsibilities; no other material reasons disclosed.
• Arun Tyagi appointed as Acting Chairman effective 2 March 2026 until further notice.
• Committee reconstitution to be addressed in the next board meeting.