C.E. Info Systems Limited (Mapmy India) announced the outcome of its Board meeting held on November 4, 2026. The board approved the Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026. Additionally, the company announced several senior management appointments and re-designations, including a new Chief Technology Officer and Chief Innovation Officer.
Board Meeting Outcomes for C.E. Info Systems Limited
At its Board meeting on November 4, 2026, C.E. Info Systems Limited (Mapmy India) approved key financial and operational decisions. The primary agenda item was the discussion and approval of the Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report from the Statutory Auditors.
Senior Management Appointments and Re-designations
The company also announced significant changes in its senior management team:
- Mr. Abhit Kalasotra has been appointed as the Chief Technology Officer (CTO), Software Engineering, effective November 4, 2026. He brings over 22 years of technical experience, including 12 years building technology companies and extensive experience with global tech giants.
- Mrs. Rashmi Verma has been re-designated from Chief Technology Officer (CTO) & Chief Human Resource Officer (CHRO) to Chief Innovation Officer (CIO). This new role focuses on driving innovation and accelerating the adoption of Artificial Intelligence (AI) and emerging technologies, effective November 4, 2026.
- Mr. Nitin Sagar has been appointed as the Chief Product Technology Officer (CPTO), Mappls AI. He is a seasoned product and technology leader with over 17 years of experience in location intelligence, digital payments, and global travel, with prior experience at MapmyIndia. His appointment is effective November 4, 2026.
- Mr. Anuj Kumar Jain, currently the Chief Financial Officer (CFO) of the Company, has been assigned the additional role of Chief Operating Officer (COO) of Gtropy Systems Private Limited, a Material Subsidiary, effective November 4, 2026.
- Mr. Vishal Pandey has been appointed as Chief Business Officer (CBO) of Gtropy Systems Private Limited, effective November 4, 2026.
Share Allotment for ESOP Holders
The Board also approved the allotment of 2334 equity shares of Rs. 2/- each at an issue price of Rs. 12.15/- per share. This allotment is to ESOP holders who have exercised their vested options as per the company’s ESOP Policy of 2008, a decision recommended by the Nomination & Remuneration Committee.
Financial Results Overview
The unaudited consolidated financial results show that for the quarter ended September 30, 2026, the company reported a profit before tax of ₹5,165 lakhs, with a net profit after tax of ₹3,752 lakhs. For the half year ended the same date, the profit before tax was ₹11,809 lakhs, and the net profit after tax was ₹8,790 lakhs.
Source: BSE
