Appointment of Company Secretary & Compliance Officer
BOROSCI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Borosil Scientific's Board meeting on May 20, 2026 approved audited FY2026 results showing standalone net profit of Rs. 3,972.46 lakhs (up from Rs. 3,501.66 lakhs) and consolidated net profit of Rs. 3,458.12 lakhs (up from Rs. 2,672.32 lakhs). Key leadership changes include the re-appointment of Mr. Vinayak Patankar as Whole-time Director & CEO for 3 years from December 2026, subject to shareholder approval. Mr. Sanjay Gupta resigned as Company Secretary and Compliance Officer (effective May 20, 2026) to pursue an alternate career opportunity. Mr. Ramavtar Sharma, a qualified Company Secretary with over 5 years of experience including roles at Borosil Renewables Limited, has been appointed as the new Company Secretary and Compliance Officer effective May 21, 2026. The Board also approved seeking shareholder approval to raise funds up to Rs. 250 crores through various instruments including QIP, FPO, or FCCBs.
The Company Secretary change appears routine as the replacement has relevant industry experience. The CEO's re-appointment provides leadership continuity. Strong financial performance with ~13% YoY growth in standalone profit.