Appointment of Secretarial Auditor of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Darjeeling Industries Limited (formerly Darjeeling Ropeway Company) held a Board meeting on 27th May 2026 approving three items: audited financial results for Q4 and FY ended 31st March 2026, appointment of M/s. Jitendra Parmar & Associates as Secretarial Auditor for FY 2025-26, and statement of deviations for preferential issue of convertible warrants. The company reported strong financial performance with total income of Rs 511.37 Lakhs for FY26 compared to Rs 91.01 Lakhs in FY25, swinging from a loss of Rs 25.88 Lakhs to a profit of Rs 239.38 Lakhs. EPS for FY26 stands at Rs 3.83. The company also acquired a subsidiary named NOVVA DEFENCE IINDS LIMITED on 30th January 2026, though business operations have not yet commenced. Fund utilization from the preferential issue of convertible warrants (Rs 606.31 Lakhs total) shows no deviation, with funds used for working capital and general corporate purposes as stated.
The appointment of a secretarial auditor is a routine governance matter with no direct impact on stock price. However, the strong financial turnaround from loss to profit and the clean audit opinion with no deviations are positive signals for investors.