The Board of Directors of Cambridge technology Enterprises Limited (''the Company'') at its meeting held today i.e., Saturday, May 30 2026, has inter-alia, considered and approved the following: ....
CTE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone revenue from operations was Rs. 1,229.85 Lakhs for Q4 and Rs. 5,724.34 Lakhs for FY26, with a profit after tax of Rs. 11.32 Lakhs for Q4 and Rs. 272.91 Lakhs for FY26. EPS for FY26 stands at Rs. 1.39 (not annualised for quarters). The board also noted director changes — Mr. Sreenivas Medepalli resigned effective May 8, 2026, and Mr. Vivek Kumar Singh was appointed as Additional Independent Director effective May 30, 2026, reconstituting the Nomination and Remuneration Committee. The board also addressed an NSE notice for delayed shareholding pattern filing for Q3 FY25-26, with a waiver application already rejected. Key structural actions include assignment and write-off of a loan to subsidiary FA Software Services, divestment of CT Asia SDN. BHD. (Malaysia), transfer of Appshark to Cambridge Technology Inc via share swap, and merger of Cambridge Innovation Capital LLC into Cambridge Technology Inc, USA.
Positive signals from steady profit generation and group restructuring to streamline operations. However, a regulatory fine for non-compliance and a loan write-off from a loss-making subsidiary highlight governance and operational challenges that investors should monitor.