Re-appointment of Mr. Tilak Raj Goyal as Independent Director for 5 Years
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company held its Board meeting on May 25, 2026 and approved the audited standalone financial results for FY 2025-26. Revenue from operations declined significantly to Rs. 6,052 Lacs from Rs. 9,943 Lacs in the previous year. However, net profit improved to Rs. 290.25 Lacs (vs Rs. 236.11 Lacs), and profit before tax stood at Rs. 359.72 Lacs. Total assets decreased to Rs. 10,320 Lacs with equity of Rs. 5,224 Lacs. The Board re-appointed Mr. Tilak Raj Goyal as Independent Director for a second term of 5 years (June 2026 to June 2031) and re-appointed M/s Baj & Company as Internal Auditor for FY 2026-27. The auditor issued an unmodified opinion.
Revenue decline of ~39% year-on-year is concerning, though improved profitability indicates better cost efficiency. The director re-appointment is routine and maintains board stability. No immediate negative signals for shareholders.