Shashank Traders Ltd - 540221 - Appointment Of Chief Experience Officer (CXO) Of The Company
Shashank Traders reported no business revenue for FY26, along with significant governance issues flagged by auditors, including routing all business receipts and payments through the former MD's personal loan account. The company also saw the resignation of its MD, CFO, and Company Secretary, replaced by new KMPs.
Jun 02 2026 11:51:28
Shashank Traders Ltd - 540221 - Appointment Of Chief Financial Officer (CFO) Of The Company
Shashank Traders' auditor flagged critical issues: no long-term business revenue, transactions through MD's loan account, and Rs.2.41 Cr Ind AS non-compliance in equity valuation. These severe operational and governance concerns led to MD, CFO, CS resignations; new KMP appointments made.
Jun 02 2026 11:43:46
Shashank Traders Ltd - 540221 - Reconstitution Of Committees Of The Company
Shashank Traders' auditors highlighted significant governance concerns in their report, noting company funds were routed through the former Managing Director's personal loan account and the company has not generated business revenue for a long time. These issues indicate severe financial irregularities and operational dormancy.
Jun 02 2026 11:29:56
Shashank Traders Ltd - 540221 - Setting Up Of Corporate Office
Shashank Traders reported a net loss of Rs.22.39 lakh for FY26 with no business revenue. Auditors highlighted inactive bank accounts and business through MD's loan. The board approved a name change, new office, and appointed new CFO, CS, and CXO after resignations.
Jun 02 2026 11:23:14
Shashank Traders Ltd - 540221 - Announcement under Regulation 30 (LODR)-Resignation of Managing Director
Shashank Traders' Managing Director, Praveen Jain, resigned effective May 30, 2026. His resignation comes alongside significant audit observations, including routing business through his loan account.
Jun 01 2026 19:55:49
Shashank Traders Ltd - 540221 - Board Meeting Intimation for Approval Of The Audited Standalone Financial Results Of The Company For The Quarter And Financial Year Ended March 31, 2026,Scheduled To Be Held On Saturday, May 30, 2026.
Shashank Traders board is scheduled to meet on May 30, 2026, to consider and approve the audited standalone financial results for Q4 and the full fiscal year ended March 31, 2026.
May 26 2026 19:46:39
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