Appointment of Ms.R.Vijayalakshmi as an Additional Director designated as Non Executive -Independent of the company
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Aruna Hotels reported a sharp turnaround in Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose to Rs. 593.05 lakhs from Rs. 550.66 lakhs a year earlier, and the company swung to a net profit of Rs. 137.42 lakhs compared with a loss of Rs. 103.63 lakhs in Q1 FY25. Earnings per share came in at Rs. 0.41 versus a negative Rs. 0.31 previously. On the governance side, Ms. R. Vijayalakshmi (DIN 11060612) was appointed as an Additional Non-Executive Independent Director for a five-year term from August 12, 2025, subject to shareholder approval. The Board also noted the retirement of Ms. Freeda Gnanaselvam Kanagiah as Independent Director at the end of her second five-year term on September 21, 2025. Additionally, Mr. B. Prabhakar was appointed as Secretarial Auditor for FY 2025-26 to FY 2029-30, and M/s G S P U & Associates was re-appointed as Internal Auditor for FY 2025-26.
The return to profitability after a year-ago loss is the most positive element for shareholders, though the absolute profit is modest relative to the company's equity base of Rs. 3,390 lakhs. The board changes appear routine — a natural term-end retirement and a replacement independent director — with no indication of any governance concern.