Bharat Rasayan Limited has informed the Exchange regarding Appointment of Shri Vikas Gupta (DIN: 00921703) as Non- Executive Director of the company w.e.f. July 01, 2026.
BHARATRAS · price
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Bharat Rasayan Limited reported strong FY26 results with revenue of ₹1,24,184 Lacs (up 5.9% YoY) and net profit of ₹14,293 Lacs (up 14.2% YoY). The Board recommended a 10% dividend (₹0.50 per share). Key board changes include: (1) Shri Mahabir Prasad Gupta, Whole Time Director, resigned due to health reasons effective May 27, 2026; (2) Shri Vikas Gupta (his son) appointed as Non-Executive Director effective July 1, 2026, pending shareholder approval; (3) Shri Suresh Kumar Garg's tenure as Independent Director completed on May 29, 2026. The company also appointed P.D. Ramanand & Company as internal auditor for FY27. Note: The company completed a 1:1 bonus issue and share split (₹10 to ₹5) in December 2025, with paid-up capital doubling to ₹8.31 Cr across 1.66 Cr shares.
Vikas Gupta's appointment strengthens promoter family control on the board following his father's resignation. The independent director's exit reduces board independence. Strong financial performance with 14%+ profit growth and maiden dividend since capital restructuring is positive for shareholders.