BNALTD · 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 Limited announced multiple changes in a board meeting held on May 24, 2025. Mr. Gauri Prosad Sarma, a former Chief General Manager of Punjab National Bank with 37+ years of banking experience, was appointed as an Additional (Independent) Director for a 5-year term. Ms. Binita Pandey was appointed as the new Company Secretary & Compliance Officer (Key Managerial Personnel). New statutory auditor M/s Salarpuria & Partners and secretarial auditor M/s T. Chatterjee & Associates were appointed for 5 years starting FY26, replacing M/s SBA Associates on completion of their term. The board also approved audited FY25 results: standalone revenue fell to Rs 13,431 lac (from Rs 16,202 lac) with net profit of Rs 197 lac (vs Rs 305 lac), while Q4 standalone showed a loss of Rs 1,208 lac. Consolidated FY25 revenue was Rs 26,435 lac with PAT of Rs 1,102 lac, though the tea segment turned marginal loss while packaging remained profitable.
The board refresh brings in a senior banking professional as independent director and strengthens the KMP bench, which is positive for governance. However, the FY25 numbers show a clear earnings decline in the standalone (tea) business and steep Q4 seasonal losses, which could weigh on short-term sentiment. Investors should note the packaging subsidiary continues to be the main profit driver for the group.