CAMPUSBSECampus Activewear LtdMediumNeutral
Announced Mon, 25 May · 15:14 IST

Appointment of Auditors for the Financial Year 2026-27

Management Changes View source PDF

CAMPUS · price

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₹236.42
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AI summary

Campus Activewear reported audited FY2026 results with profit before tax of Rs 202.17 crore, up from Rs 163.94 crore in FY2025. The Board recommended a final dividend of Rs 1.50 per share (face value Rs 5) for FY2025-26, subject to shareholder approval at the 18th AGM on August 20, 2026 (record date July 31, 2026). Key re-appointments include CEO and Whole-time Director Mr. Nikhil Aggarwal and four Independent Directors (Anil Kumar Chanana, Nitin Savara, Madhumita Ganguli, and Jai Kumar Garg) for second terms. The company also appointed M/s Ernst & Young LLP as Internal Auditors for FY 2026-27, replacing the previous internal auditor. B S R & Co. issued an unmodified audit opinion on the financial results.

Likely market impact

The company demonstrated strong profitability growth year-on-year. The continuity of leadership through CEO re-appointment and retention of experienced independent directors provides stability. The switch to EY as internal auditors may reflect a strategic governance decision.