Bharat Rasayan Limited has informed the Exchange regarding Cessation of Shri Suresh Kumar Garg (DIN: 02254899) as Non- Executive Independent Director of the company w.e.f. May 29, 2026.
BHARATRAS · price
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Bharat Rasayan Limited reported strong FY26 results with total revenue of Rs 1,28,306 Lacs (up 7% YoY) and PAT of Rs 14,293 Lacs (up 14.3% YoY). EPS stands at Rs 85.99 per share (post share split and bonus). The Board recommended a final dividend of Rs 0.50 per share (10%). Key board changes include: Shri Mahabir Prasad Gupta resigned as Whole Time Director due to health reasons effective May 27, 2026; Shri Suresh Kumar Garg's tenure as Independent Director completed on May 29, 2026; and Shri Vikas Gupta (son of Mahabir Prasad Gupta and part of Promoter Group holding 4.58% individually) appointed as Additional Director effective July 1, 2026. The company also appointed P.D. Ramanand & Company as Internal Auditor for FY27.
Two director exits (one due to health reasons, one tenure completion) signal some governance transition, though the company maintains strong financials with 14% PAT growth and healthy ratios (debt-equity 0.07, current ratio 7.78). The appointment of a promoter family member to the board maintains promoter influence.