Denta Water and Infra Solutions Limited has informed the Exchange regarding Appointment of Mr Mr. C Mruthyunjaya Swamy as Executive Director of the company w.e.f. May 28, 2025.
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Denta Water and Infra Solutions announced multiple board changes effective May 28, 2025. Mr. C Mruthyunjaya Swamy (Promoter) was appointed Additional Executive Director and Chairperson, while his spouse Mrs. Hema H M (Promoter) was also appointed Additional Executive Director. Independent Director Mr. Gowdar Thimmappa Suresh was appointed for a 5-year term, and one Non-Executive Director Ms. Nista U Shetty resigned on personal grounds. The company also appointed a new Secretarial Auditor (R N Bhat & Associates) for 5 years and re-appointed its Internal and Cost Auditors for FY26. FY25 consolidated revenue stood at Rs. 2,032.85 million (down from Rs. 2,385.98 million in FY24), with net profit of Rs. 528.85 million (vs Rs. 604.68 million) and EPS of Rs. 25.83. The company disclosed 17 ongoing projects worth Rs. 6,143.79 million and upcoming projects worth Rs. 1,345.5 million.
The entry of both promoter spouses as Executive Directors concentrates board control with the founding family, which may reassure retail investors about promoter commitment but limits independent oversight. FY25 financials show a decline in revenue and profit compared to FY24, though the strong order book of over Rs. 7,400 million provides revenue visibility going forward.