Back-to-back Upper Circuit & Multibagger 400% Returns from 52-Week Low: Board Approves Resignation of Non-Executive Independent Director

Colab Platforms Limited on Friday announced the approval of the resignation of Mrs. Anupriya Sharma from the position of Non-executive Independent Director. 

The cessation of Mrs. Sharma’s directorship is effective from the close of business hours on October 3, 2025. In her resignation letter, Mrs. Sharma cited personal reasons for stepping down and confirmed that there are no other material reasons for her resignation. Records indicate that Mrs. Anupriya Sharma also holds a directorship in ASL Industries Limited. The company did not report any immediate impact on operations or governance following this resignation.

Colab Platforms, a Small-Cap company, continued its extraordinary rally on Monday as its share price hit its 75th consecutive Upper Circuit, closing at Rs 130.15.

The stock has now hit consecutive upper circuits for 75 straight trading sessions. Moreover, it has maintained a winning streak for 75 sessions in a row. During this period, the stock has surged from Rs 24.40 to Rs 130.15, quadrupling the stock price. In the same period, the stock has given multibagger returns of 433 per cent. In one month, the stock has given 51.35 per cent returns. 

Colab Cloud Platforms Limited, a top 2000 company listed on the Bombay Stock Exchange, is a key player in delivering innovative technological solutions across diverse sectors. The company leverages its expertise in advanced technologies to foster growth and enhance user experiences, specialising in customised, technology-based processing solutions designed to help clients achieve and surpass their objectives. Recognising India's ascent as a global technology hub, Colab Cloud Platforms harnesses the nation's rich pool of talented professionals to significantly contribute to the broader professional community.

Recently, a BSE-listed sports tech and gaming company has officially stepped into the billion-dollar Esports market, aiming to build India's most rewarding competitive gaming ecosystem. This strategic move leverages India's massive online gaming population and booming industry, which is projected to contribute over Rs 1100 crore to the Indian economy by 2025. Colab Esports plans to create a player-first, transparent, and skill-based infrastructure, nurturing digital athletes through low-entry, high-frequency tournaments and proprietary game servers, starting with Counter-Strike 2. This initiative integrates seamlessly with Colab's broader vision for a 360° sports ecosystem, supported by a Rs 250 million accelerator program for sports-tech innovation.

Disclaimer: The article is for informational purposes only and not investment advice.