Birla Corporation Limited has informed the Exchange regarding Appointment of M/s. Mamta Binani & Associates as Secretarial Auditors of the company w.e.f. May 09, 2025 for a term of five consecutive years commencing from financial year 2025-26 till financial year 2029-30, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.
BIRLACORPN · price
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Birla Corporation's board approved audited consolidated FY25 results showing revenue of Rs. 9,214.49 Cr (down from Rs. 9,656.22 Cr last year) and net profit of Rs. 295.22 Cr (down from Rs. 420.56 Cr). Q4 FY25 was stronger with revenue of Rs. 2,814.91 Cr and profit of Rs. 256.60 Cr, up about 33% year-on-year. The board recommended a Rs. 10 per share dividend (100%) for FY25 and approved capex for a 2.80 MTPA greenfield cement grinding unit at Gaya, Bihar. It also appointed M/s. Mamta Binani & Associates as Secretarial Auditor for five years (FY26–FY30), re-appointed Shri Sandip Ghose as MD & CEO for three years from January 1, 2026, and approved a Rs. 200 Cr private placement of redeemable non-convertible debentures. Non-executive director Shri Dilip Ganesh Karnik resigned citing other commitments, with the company confirming no other material reasons.
Mixed signals for shareholders: full-year profits fell sharply due to weaker revenues and a Rs. 38.37 Cr impairment on Himachal Pradesh mining rights, though the strong Q4 and steady Rs. 10 dividend offer support. The Bihar grinding unit and NCD issuance signal continued capacity expansion and moderate leverage, while the CEO re-appointment provides leadership continuity.