Appointment of Chief Financial officer and Key Managerial Personnel
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Axis Solutions Ltd's Board of Directors met on 21st May 2026 and approved multiple items. Mr. Ninad Vora was appointed as Chief Financial Officer & Key Managerial Personnel effective immediately, after recommendation by the Nomination and Remuneration Committee and Audit Committee. The company also reported audited financial results for FY2025-26 with standalone profit of Rs. 2906.08 Lacs and consolidated profit of Rs. 2884.10 Lacs. The board recommended a final dividend of Rs. 0.60 per equity share (6%) for FY2025-26, subject to shareholder approval at the ensuing AGM. Additionally, the company appointed/reappointed its secretarial auditor, internal auditor, and cost auditor for FY2026-27.
The appointment of a new CFO fills a key leadership position, ensuring continuity in financial management. The recommended dividend and strong profit growth (standalone profit up ~19% YoY from Rs. 3500.48 Lacs) are positive signals for shareholders.