Announcement under Regulation 30 (LODR)- Change in Director
COSMOFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cosmo First Limited reported strong FY2026 results with consolidated revenue growing 26% to Rs. 3,638.72 crore and net profit rising 17% to Rs. 155.98 crore versus the previous year. Standalone revenue was Rs. 3,355.50 crore with net profit of Rs. 106.43 crore. The Board recommended a final dividend of Rs. 4 per equity share (40%) for FY2026, subject to shareholder approval. Additionally, Mr. Arjun Singh was reappointed as Non-Executive Independent Director for a second 5-year term effective October 27, 2026. The auditors issued an unmodified opinion on the financial statements.
Positive signal for shareholders as the company delivered robust revenue and profit growth with an improved dividend. The continuation of an experienced independent director on the board supports governance stability. The stock may see positive reaction given the strong financial performance.