Datamatics Global Services Limited has informed the Exchange regarding Appointment of Mr. Rahul L. Kanodia as Executive Director of the company w.e.f. February 22, 2027.
DATAMATICS · price
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Datamatics Global Services Limited held its Board meeting on May 21, 2026, approving several key items. The company reported strong FY2026 results with standalone revenue of Rs. 672.14 crore and consolidated revenue of Rs. 1,987.15 crore, both showing year-on-year growth. The Board recommended a final dividend of Rs. 5 per equity share (100% payout). A scheme of amalgamation was approved to merge two wholly-owned subsidiaries (Dextara Digital Private Limited and Datamatics Cloud Solutions Private Limited) into Datamatics Global Services Limited to streamline operations and create integrated digital transformation offerings. Mr. Rahul L. Kanodia was re-appointed as Vice Chairman & CEO for 5 years starting February 22, 2027. Two new Independent Directors (Mr. Hitesh Gajaria and Mr. Navnit Singh) were appointed through postal ballot for 5-year terms.
The amalgamation of subsidiaries should simplify Datamatics' group structure and improve operational efficiencies. The re-appointment of the CEO ensures leadership continuity. Strong revenue growth and dividend payout are positive signals for shareholders.