Resignation of Mr. Omkar M. Mistry as the Company Secretary and Compliance Officer of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Comfort Intech Ltd's board approved FY2026 audited results showing standalone PAT of Rs. 179.40 Lakhs, down 77% from Rs. 790.19 Lakhs in FY2025, while consolidated PAT turned negative at Rs. (292.75) Lakhs due to associate losses. Revenue declined to Rs. 16,916 Lakhs from Rs. 17,592 Lakhs, attributed to adverse global economic conditions and geopolitical tensions. The board recommended a final dividend of Rs. 0.05 per share (5% yield), subject to shareholder approval at the AGM. Mr. Omkar M. Mistry resigned as Company Secretary and Compliance Officer (Key Managerial Personnel) effective May 14, 2026, citing personal reasons. The board also discussed exploring defence and paramilitary supply opportunities through CSD and authorized military canteen networks.
The resignation of the Company Secretary creates a governance gap that needs to be filled. The significant decline in profitability may negatively impact investor sentiment, though the dividend offer provides some return to shareholders. The potential entry into defence supply could be a future growth catalyst if approvals are obtained.