BOROSCINSEBorosil Scientific LimitedMediumNeutral
Announced Wed, 20 May · 14:50 IST

Borosil Scientific Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

Kmp ResignedManagement Changes View source PDF

BOROSCI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+18.7%1-day move
₹119.60
prior close
₹141.03
base price
In-mkt
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+0.6-0.0+0.5+1.6+18.7+16.2+15.3+18.8+25.0+25.5+27.1+28.8+35.1
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AI summary

Borosil Scientific Limited reported strong FY2026 results with standalone revenue of Rs. 4,275.3 crores (up 9% YoY) and consolidated revenue of Rs. 4,673.4 crores (up 6.6% YoY). Net profit grew 13.4% to Rs. 397.2 crores on standalone basis, while consolidated net profit increased 29.4% to Rs. 345.8 crores. The Board also approved seeking shareholder approval to raise up to Rs. 250 crores through various instruments. Key KMP changes include the resignation of Mr. Sanjay Gupta as Company Secretary & Compliance Officer (citing pursuit of alternate career opportunity) effective May 20, 2026, with immediate replacement by Mr. Ramavtar Sharma from May 21, 2026. Additionally, Mr. Vinayak Patankar was re-appointed as Whole-time Director & CEO for 3 years effective December 2, 2026.

Likely market impact

The filing shows positive financial momentum with double-digit profit growth, though the sudden resignation of the Company Secretary just one day before results announcement warrants monitoring for any underlying governance issues. The Rs. 250 crore fundraising authorization indicates potential future capital expansion plans.