Completion of term of Mr. Jateen Doshi as Whole Time Director with effect from the close of business hours on June 9th 2026.
DAMCAPITAL · price
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DAM Capital Advisors held its Board meeting on May 22, 2026, approving audited financial results for Q4 and FY26. Consolidated revenue stood at Rs. 237.11 crores (down from Rs. 248.35 crores in FY25), with net profit after tax of Rs. 72.69 crores (vs Rs. 103.78 crores in FY25). The Board recommended a final dividend of Re. 1 per equity share subject to shareholder approval at the AGM. Mr. Jateen Doshi, Whole Time Director and Key Managerial Personnel, will complete his tenure on June 9, 2026 and has chosen not to seek re-appointment; he will continue as Head of Institutional Equities and in a mentoring role. Mr. Dharmesh Anil Mehta was re-appointed as Managing Director and CEO for 5 years effective June 10, 2026. PwC was appointed as Internal Auditor for FY27.
The departure of Mr. Jateen Doshi as WTD and KMP represents a leadership change, though he remains with the company in an operational capacity. The FY26 financial results show a decline in profitability compared to the previous year, which investors may monitor closely.