(i). Re-appointment of Mr. Vivek Saraogi (DIN: 00221419) as the Chairman and Managing Director of the Company. (ii). Re-appointment of Ms. Avantika Saraogi (DIN: 03149784) as a Whole-time ....
BALRAMCHIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Balrampur Chini Mills reported audited FY26 standalone profit after tax of ₹34,721.74 lakhs, up marginally from ₹34,588.11 lakhs in FY25. Revenue from operations stood at ₹6,27,114.65 lakhs. The Board re-appointed Mr. Vivek Saraogi as Chairman and Managing Director for 5 years from April 1, 2027, and Ms. Avantika Saraogi as Executive Director for 5 years from January 1, 2027—both appointments are subject to shareholder approval. Both are from the promoter family (father-daughter relationship). The Board also confirmed an interim dividend of ₹3.50 per share (350%) as the final dividend for FY26. Additionally, a preferential equity issue of up to ₹45,000 lakhs was noted, involving promoters and institutional investors.
Continuity in leadership with promoter family retaining key positions signals stability for shareholders. The company's financial performance shows steady profitability despite revenue fluctuation, with the dividend providing direct shareholder returns.