Ceigall India Limited has informed the Exchange regarding Appointment of Mr. Arun Goyal as Non- Executive Independent Director of the company w.e.f. August 08, 2025.
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Ceigall India reported its Q1 FY26 results on August 8, 2025. Standalone revenue from operations stood at ₹8,183.47 million with net profit of ₹559.22 million (EPS ₹3.21), while consolidated revenue was ₹8,381.78 million with net profit of ₹513.38 million (EPS ₹2.95). The board approved the re-appointment of Mr. Arun Goyal as a Non-Executive Independent Director for a second 5-year term effective March 1, 2026, subject to shareholder approval. It also appointed Grant Thornton Bharat LLP as Internal Auditor for FY 2025-26, Lal Ghai & Associates as Secretarial Auditors for five years (FY25-26 to FY29-30), and re-appointed Khushwinder Kumar & Associates as Cost Auditor for FY 2025-26. Additionally, the board sought shareholder approval to raise borrowing limits up to ₹15,000 Crores to support growth and strategic objectives.
Quarterly performance is broadly stable with mild sequential moderation in profitability. The large proposed borrowing limit increase signals significant expansion plans ahead, which could increase leverage but also supports future growth. Shareholders will vote on the director re-appointment and higher debt ceiling at the upcoming AGM.