Announced Fri, 23 May · 18:49 IST

Pursuant to Regulation 30 & 33 read with Para A of Part A of the Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ....

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors met on May 23, 2025 and approved several key items. For FY25 (ended March 31, 2025), the company reported revenue from operations of Rs. 13,099.13 lakhs (up modestly from Rs. 12,879.18 lakhs in FY24), but profit after tax fell to Rs. 983.06 lakhs (from Rs. 1,144.85 lakhs), with EPS at Rs. 19.82 vs Rs. 23.08. A final dividend of Re. 1 per share (10% on face value of Rs. 10) has been recommended, with record date set as July 16, 2025 and AGM on July 23, 2025. Mr. Dipankar Mukherjee, an existing Non-Executive Independent Director, was elevated to Chairman of the Board. Statutory Auditors M/s. SBA Associates were replaced by M/s. Salarpuria & Partners for a 5-year term, and M/s. T. Chatterjee & Associates were appointed as Secretarial Auditors, also for 5 years. The auditor issued an unmodified opinion on the FY25 results.

Likely market impact

Profit decline despite revenue growth may be a mild negative, though the dividend declaration and routine auditor/board changes are largely neutral. Shareholders of record on July 16, 2025 will receive the final dividend. The leadership and auditor transitions are normal governance rotations rather than red flags.