Pursuant to regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Deco Mica Limited, ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deco Mica Limited held its Board Meeting on May 29, 2026, where it approved the standalone audited financial results for Q4 and FY ended March 31, 2026. The company reported revenue from operations of Rs. 6,855.16 Lakhs for FY 2026, down from Rs. 7,606.30 Lakhs in the previous year, representing a decline of approximately 9.9%. Profit After Tax (PAT) dropped significantly to Rs. 69.15 Lakhs from Rs. 194.80 Lakhs in the prior year. Two directors, Mr. Gunjan Yogesh Pandya and Ms. Nupur Bipinchandra Modi, ceased to hold office due to their absence from all board meetings for 12 months without leave of absence. The board appointed M/S Nimesh M. Shah & Co. as Internal Auditor for FY 2026-27 and approved limits for Related Party Transactions for the financial year. The statutory auditor issued an unmodified (clean) opinion on the financial results.
The company experienced a significant decline in both revenue and profitability for FY 2026. While the audit opinion is clean, the reduced earnings and profit margins may concern shareholders. The related party transaction limits and director resignations are governance matters to monitor.