CAMPUSBSECampus Activewear LtdMediumPositive
Announced Mon, 25 May · 15:17 IST

Re appointment of Independent Directors for second term of five years

Management Changes View source PDF

CAMPUS · price

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

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AI summary

Campus Activewear's Board meeting approved the re-appointment of four Independent Directors for their second five-year terms: Mr. Anil Kumar Chanana (Sep 2026-Aug 2031), Mr. Nitin Savara (Nov 2026-Oct 2031), Mrs. Madhumita Ganguli (Sep 2026-Aug 2031), and Mr. Jai Kumar Garg (Dec 2026-Dec 2031). The Board also re-appointed Mr. Nikhil Aggarwal as Whole-time Director and CEO. The meeting also approved audited FY2026 results showing Total Income of Rs 1,594.79 Cr (up 10.5% YoY), Profit Before Tax of Rs 202.17 Cr (up 23.3% YoY), and recommended a Final Dividend of Rs 1.50 per share. The company appointed Ernst & Young LLP as new Internal Auditors for FY2026-27. Statutory auditors B S R & Co. issued an unmodified opinion on the financial results.

Likely market impact

Positive for shareholders - the company demonstrated strong governance with continuity of experienced independent directors and delivered robust 23% profit growth. The continuity of CEO Nikhil Aggarwal provides stability as he steers Campus towards strategic growth.