Announced Mon, 10 Aug, 2026 · 18:35 IST
MD reappointed for 3 years, Q1 profit jumps to Rs 7.56 cr
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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₹301.15
announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%—
Other Financial Services peers, median of 87sector-0.3%—
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UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 87Pending
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AI summary
Board approved Q1 FY27 results with total income of Rs 8.96 cr versus Rs 3.41 cr YoY, and profit after tax of Rs 7.56 cr versus Rs 2 cr YoY. Mr. Mohib N. Khericha reappointed as Managing Director for 3 years starting April 1, 2027, subject to shareholder approval. Mr. Sagar Bhatt redesignated as President Strategy and Investment. 40th AGM scheduled for September 17, 2026 via video conferencing.
Likely market impact
Sharp rebound in quarterly profits signals strong recovery. MD continuity provides leadership stability for shareholders.