Submission of outcome of Board Meeting dated 19.05.2026
MAPMYINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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C.E. Info Systems Ltd (MapMyIndia) held its Board Meeting on May 19, 2026, approving the audited standalone and consolidated financial statements for FY 2025-26. Consolidated revenue from operations grew marginally by 2.3% to Rs. 47,410 lakhs from Rs. 46,325 lakhs, while consolidated net profit after tax declined by 9.2% to Rs. 13,402 lakhs from Rs. 14,759 lakhs in the previous year. The auditors M/s MSKA & Associates LLP issued an unmodified (clean) opinion on the financial statements. The Board declared a final dividend of Rs. 3.50 per equity share (175% on Rs. 2 face value), subject to shareholder approval at the AGM. The company also restated prior period figures to correct accounting treatment for dividend recognition and ESOP reserve adjustments. Two board committees were reconstituted with new members.
The company reported a clean audit with unmodified opinion, indicating no concerns from auditors. However, the decline in net profit despite marginal revenue growth may concern investors. The restatement of prior period figures reflects accounting corrections but does not indicate fundamental business issues. The 175% dividend payout demonstrates continued shareholder returns.