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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apollo Ingredients Limited (formerly Indsoya Limited) submitted a revised board meeting outcome to correct a clerical error where the face value of equity shares was incorrectly stated as ₹10 instead of the correct ₹5 per share. The correction has no financial impact. The board meeting on May 15, 2026 approved audited Q4 and FY2026 financial results. Key director changes include resignation of James Mody (Non-Executive Director) and appointment of Amol Dinkar Nigudkar as Independent Director. Ms. Lovely Mutreja was redesignated from Managing Director to Executive Director (Marketing) with commission up to 2% of sales instead of salary. Mr. Kirit Mutreja was elevated from Executive Director to Managing Director with approved remuneration of ₹31.82 lakh per month. The auditor's report includes emphasis on missing audit trail in accounting software and pending BSE portal updation for company name change.
The clerical correction of face value from ₹10 to ₹5 per share is cosmetic with no impact on financials. Leadership changes with Kirit Mutreja becoming MD and Lovely Mutreja's shift to commission-based compensation could signal family succession planning. The BSE name updation delay and missing audit trail are administrative concerns requiring attention.