Re-Appointment of M/s Mani & Co. as the Cost Auditors 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 results for FY26 with revenue from operations of Rs 6,271 crore, up 15.8% from Rs 5,415 crore in FY25. Profit after tax stood at Rs 347 crore vs Rs 344 crore in the prior year, with basic EPS of Rs 17.19. The Board approved re-appointment of Chairman and Managing Director Mr. Vivek Saraogi (promoter) for 5 years from April 1, 2027, and re-appointment of Executive Director Ms. Avantika Saraogi (his daughter) for 5 years from January 1, 2027, both subject to shareholder approval. Cost auditor M/s Mani & Co. was re-appointed for FY27. The company also has a preferential equity issue of up to Rs 450 crore approved and launched India\'s first PLA biopolymer brand.
Continued leadership stability with Saraogi family retaining key positions. Modest profit growth and a Rs 450 crore capital raise indicate the company is investing in expansion (PLA/biopolymer segment). The cost auditor re-appointment is routine and does not signal any concerns.