Board approves Q1 results, name change to Pasura Industries, auditor switch
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved Q1 FY27 results: revenue Rs. 820 lakhs vs Rs. 871.24 lakhs YoY, PAT Rs. 61.24 lakhs vs Rs. 204.54 lakhs. Company name to change to Pasura Industries Limited, pending shareholder approval. Secretarial auditor Manoj Parakh resigned due to other commitments, replaced by Vivek Surana and Associates for five years. Board waived recovery of Rs. 25.19 lakhs excess managerial remuneration for FY26 and approved pay hikes for three Whole-time Directors. 40th AGM set for 12 August 2026.
Weak Q1 with sharp profit fall despite positive PAT. Name change hints at rebrand. Waiver of excess pay may raise governance questions among shareholders.