Balrampur Chini Mills Limited has informed the Exchange regarding Change in Director(s) of the company.
BALRAMCHIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Balrampur Chini Mills reported audited standalone profit after tax of ₹3,472.17 crore for FY2026, with Q4 PAT at ₹1,515.14 crore. Revenue from operations stood at ₹62,711.47 crore for the full year. The Board approved re-appointment of Chairman and MD Mr. Vivek Saraogi for another 5 years from April 1, 2027, and re-appointment of Executive Director Ms. Avantika Saraogi (daughter of Mr. Vivek Saraogi) for 5 years from January 1, 2027, both subject to shareholder approval. The company also re-appointed M/s. Mani & Co. as Cost Auditors for FY2027. The Board confirmed the interim dividend of ₹3.50 per share (350%) already paid as the final dividend for FY2026. Additionally, a preferential issue of up to ₹450 crore was approved earlier in April.
Continuity in leadership provides stability, though promoter family concentration on the board increases with both Saraogi family members being reappointed for 5-year terms. Strong financial results with PAT growth support the stock, but governance watchers may note the family succession planning.