Intimation of change in Management
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
B&A Packaging India Ltd held a board meeting on 23rd May 2025 covering several items. Mr. Dipankar Mukherjee, an existing Non-Executive Independent Director, was appointed Chairman of the Board. The company posted FY25 revenue of Rs. 130.99 crore (vs Rs. 128.79 crore in FY24), but net profit fell to Rs. 9.83 crore from Rs. 11.45 crore last year, with EPS at Rs. 19.82 (vs Rs. 23.08). A final dividend of Re. 1 per share (on Rs. 10 face value) was recommended. The board appointed M/s Salarpuria & Partners as new Statutory Auditor and M/s T. Chatterjee & Associates as Secretarial Auditor, both for 5-year terms, replacing M/s SBA Associates whose term has ended. The 39th AGM is scheduled for 23rd July 2025.
Stable management with an internal chairman elevation and routine auditor rotation suggest continuity, but the decline in annual profit may draw investor attention. The Rs. 1 per share dividend offers a modest yield on the small-cap stock.