Intimation of appointment of Mr. Yeshil Mehta as Non Executive Non Independent Director of the Company w.e.f. 1st July, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deepak Fertilisers Board approved FY2026 audited results showing standalone net profit of Rs 26,924 lakhs (down 35% from Rs 41,300 lakhs YoY) on revenue of Rs 1.96 lakh crore. Consolidated net profit stood at Rs 73,876 lakhs (down 22% from Rs 94,467 lakhs YoY) on revenue of Rs 11.51 lakh crore. The Board recommended Rs 10 per share dividend. Mr. Yeshil S. Mehta (DIN: 07866312) has been appointed as Additional Non-Executive Non-Independent Director w.e.f. July 1, 2026, subject to shareholder approval. The company also reappointed P G Bhagwat LLP as statutory auditors for another 5 years. The 46th AGM is scheduled for September 1, 2026.
Profit decline of 22-35% YoY may concern investors, though dividend payout provides some support. The appointment of Yeshil Mehta appears to be a family-linked board entry, which investors may view as positive for continuity or scrutinize for governance implications depending on his background.