Retirement of Mr. R. Ganesh from the Position of Company Secretary of the Company with effect from May 31, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ADC India Communications' Board approved audited financial results for FY2026 ending March 31. Total revenue grew 7% to Rs 20,006.36 lakhs, but net profit after tax declined 23% to Rs 1,892.70 lakhs from Rs 2,445.76 lakhs in the prior year. The Board recommended a dividend of Rs 25 per equity share (face value Rs 10), with record date July 31, 2026. Mr. R. Ganesh retired as Company Secretary and Compliance Officer (KMP) effective May 31, 2026, and Ms. Geetha Desikachari was appointed to the same roles effective June 1, 2026. Statutory auditors SRBC & CO LLP issued an unmodified audit opinion.
The profit decline despite revenue growth may concern investors, though the dividend recommendation signals continued shareholder returns. The KMP transition is routine and should not materially impact operations.