Announced Fri, 14 Aug, 2026 · 16:58 IST
Ceejay Finance reappoints promoter Deepak Patel as MD for 5 years; Q1 net profit up 15% YoY
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Board of Ceejay Finance reappointed Mr Deepak Patel, the promoter, as Managing Director for another 5 years from September 1, 2026 to August 31, 2031, subject to shareholder approval. He has led the company since 1993. For Q1FY27, total income came in at about 612.55 lakhs versus 646.15 lakhs a year ago, while net profit rose to 200.74 lakhs from 174.63 lakhs. EPS stood at 5.82 rupees.
Likely market impact
Continuity at top as promoter MD stays on; profit growth despite slight income dip is mildly positive for shareholders.