BSECenlub Industries LtdHighNeutral
Announced Fri, 29 May · 19:14 IST

Intimation of Appointment of Internal Auditor of the Company

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+13.0%1-day move
₹188.45
prior close
₹196.00
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+0.1+0.1-2.5-1.0+13.0+19.8+31.8+38.4+31.5+30.0+21.5+14.4
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AI summary

Cenlub Industries Ltd's Board of Directors met on May 29, 2026, and approved the standalone audited financial results for Q4 and FY2026 ending March 31, 2026. Total income for the year stood at Rs. 7,590.79 Lakhs with net profit of Rs. 893.97 Lakhs, compared to Rs. 793.13 Lakhs in FY2025 — an increase of approximately 13%. EPS improved to Rs. 19.71 from Rs. 17.00. Total assets grew to Rs. 10,308.74 Lakhs from Rs. 9,028.01 Lakhs. The Board decided not to recommend any dividend for the financial year. Additionally, M/s Sanjeev Meenu & Co, Chartered Accountants, was appointed as Internal Auditors for FY 2026-27. Statutory auditors M/s Singla Tayal & Co issued an unmodified (clean) audit opinion, and the CFO provided the required declaration confirming the clean opinion.

Likely market impact

Positive financial performance with improved profitability and asset base, though the skip on dividend may disappoint income-focused investors. Clean audit opinion indicates strong internal controls and financial integrity. Appointment of new internal auditors is a routine governance matter with no adverse implications.