Audited Financial Results, Appointment/Resignation of Board Members and CFO and Company Secretary
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Aplab Ltd reported FY26 profit of ₹251.67 Lakhs versus ₹26.39 Lakhs in FY25, a significant turnaround from the prior year's loss of ₹657.03 Lakhs. Revenue declined 8% to ₹5,843.53 Lakhs from ₹6,366.68 Lakhs. The Board meeting on May 26, 2026 approved audited financial results and saw major leadership changes: Mrs. Amrita P. Deodhar resigned as Chairperson and Whole-time Director, while Mr. Rajesh K. Deherkar stepped down as CFO, Company Secretary and Compliance Officer, both effective May 31, 2026. New appointments include Mr. Nishith P. Deodhar as Executive Director and Mr. Ravish N. Modi as CFO, both effective June 1, 2026. The auditors issued an unmodified opinion on the financial statements.
The company returned to profitability despite revenue decline, showing improved operational efficiency. However, the simultaneous resignation of two KMPs (Chairperson and CFO/Company Secretary) and appointment of a new Executive Director with the same surname as the departing Chairperson suggests potential family succession planning, which may raise governance questions for investors.