Re-appointment of Mr. Rahul Kanodia (DIN-00075801) as a Whole-Time Director designated as Vice-Chairman & CEO of the Company for a period of 5 years commencing from February 22, 2027 to ....
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The Board of Datamatics Global Services approved multiple items at its May 21, 2026 meeting. Key highlights include: (1) Re-appointment of Mr. Rahul L. Kanodia as Vice Chairman & CEO for 5 years from February 22, 2027 to February 21, 2032, subject to shareholder approval; (2) Audited FY2026 standalone revenue of Rs. 672.14 crore (up 29.5% YoY) and consolidated revenue of Rs. 1,987.15 crore (up 15.3% YoY); (3) Standalone net profit of Rs. 89.43 crore and consolidated net profit of Rs. 194.95 crore; (4) Recommended final dividend of Rs. 5 per share (100%); (5) Approved scheme of amalgamation merging wholly-owned subsidiaries Dextara Digital and Datamatics Cloud Solutions into the parent company; (6) Appointing two new Non-Executive Independent Directors via postal ballot.
The re-appointment of the CEO ensures leadership continuity. Strong revenue growth and dividend declaration are positive signals for shareholders. The amalgamation will simplify the group structure and may create operational efficiencies.