Crizac Limited Announces Q2 Financial Results; Board Approves Key Director and Senior Management Changes

Crizac Limited Announces Q2 Financial Results; Board Approves Key Director and Senior Management Changes​

Crizac Limited, in a decision made during its Board of Directors meeting on August 3, 2026, announced the unaudited financial results for the quarter ending June 30, 2026. The company also approved several significant changes to its management structure, including the appointment and re-appointment of key directors and senior managerial personnel (SMPs).

Financial Performance for Q2 FY2026​

The Board reviewed and approved the Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The results were provided with a Limited Review Report from M/s Singhi & Co., Statutory Auditors.

Key figures from the Statement of unaudited consolidated financial results (in Lakhs) are detailed below:


The unaudited standalone financial results for the quarter ended June 30, 2026, showed Total Income of 7,836.85 and Net Profit / (Loss) after Tax of 5,286.25.

Governance and Leadership Changes​

The Board meeting formalized several significant appointments, reappointments, and executive changes:

Director Appointments and Reappointments:

• Christopher Flood Nagle: Was approved as an Additional Director (Non-Executive & Non-Independent) with effect from August 3, 2026. He was appointed as the Chairman of the Company effective August 4, 2026.
• Anuj Saraswat: Was approved for re-appointment as an Independent Director, not liable to retire by rotation, for a second term of three years, from February 14, 2027, to February 13, 2030.
• Payal Bafna: Was approved for re-appointment as an Independent Director, not liable to retire by rotation, for a second term of three years, commencing from March 21, 2027, and ending on March 20, 2030.

Resignation:
* Pinky Agarwal: Resigned as Non-Executive Director from the Board of the Company effective August 3, 2026, citing other professional commitments.

Senior Management Personnel (SMP) Transitions​

The company also reviewed and modified its internal senior management structure:

• Chief Technology Officer (CTO): The Board approved the cessation of Mr. Sibendu Roy from the position of CTO/SMP effective August 2, 2026. Simultaneously, Mr. Rituparno Sarkar was appointed as Chief Technology Officer and SMP with effect from August 3, 2026.
• Chief Product and Marketing Officer: The Board approved the cessation of Ms. Salaria Zaheer from her role as CMO/SMP effective August 2, 2026. Mr. Nikhil Jain was appointed as Chief Product and Marketing Officer and SMP with effect from August 3, 2026.
• Chief Innovation Officer: Dishant Kharbanda was appointed as the Chief Innovation Officer and SMP with effect from August 3, 2026.
• Structural Revision: The company approved a revision in its Senior Management structure, resulting in Ms. Anindita Das ceasing to be recognized as an SMP effective August 2, 2026, while she continues her role as Chief Business Officer.

CRIZAC Stock Price Movement​

Today, shares of Crizac Limited edged higher to settle at ₹196.12, recording a modest gain of 0.19%. The equity saw active trading in the post-market session, with over 2.29 million shares traded.