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Textile - Spinning · Micro cap

Suryaamba gets new company secretary as Ladha steps down

Kriti Ladha resigns for personal reasons; Suchita Dandekar, with nine months' experience, takes over from July 1. A routine governance change at the ₹34-cr nano-cap spinner.


Mkt cap₹33.95 cr
P/E11.16×
ROE1.87%
Debt / eq.0.53
Div yld0.85%
₹34 cr Market cap of the textile nano-cap

What's new

  • Company secretary Kriti Ladha resigns effective 30 June 2026 for personal reasons.
  • Suchita Dandekar appointed from 1 July 2026; she has about nine months' secretarial experience.
  • Board also names MD, WTD, new CS, and CFO as KMPs for materiality and disclosures.

Why this matters

A CS change at a ₹34-cr nano-cap is a routine event with no financial or operational ripples. The smooth handover and absence of disputes mean nothing material changes for the company.

What we're watching

  • No material triggers from this appointment; the next earnings release will show if business trends stabilise.

The full read

A ₹34-cr nano-cap swapping company secretaries is rarely news. Yet the filing confirms a smooth handover: Kriti Ladha resigns effective 30 June 2026 for personal reasons, and Suchita Dandekar (with nine months of experience) steps in from 1 July. The board also named key managerial personnel for disclosure duties. No disputes, no surprises. The company's real story remains the 13.8% revenue decline and 14.5% PAT drop.

Questions answered

Why did Kriti Ladha resign as company secretary?
She resigned for personal reasons, and the filing confirms a smooth handover with no disputes.
How much experience does the new company secretary have?
Suchita Dandekar is a member of the Institute of Company Secretaries of India and has about nine months of prior secretarial experience.
Does this change affect the company's financials or operations?
No. The CS role is a governance position; the company's financials remain unchanged, with trailing revenue down 13.8% and PAT down 14.5%.
Is Suryaamba Spinning a large company?
No, it is a nano-cap with a market capitalisation of ₹34 crore, operating in the textile spinning sector.
Mentioned: Suryaamba Spinning Mills · Kriti Ladha · Suchita Dandekar
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Suryaamba Spinning Mills Ltd.

Textiles
₹38 cr
P/E 12.33×

Latest quarter · Mar 2026

Sales₹48 cr
Net profit₹1 cr
Op. margin+6.9%
EPS₹2.44

Strength & growth

Debt / equity0.53×
Current ratio1.49×
Sales CAGR+3.4%
EPS CAGR+0.6%