Dharmaj Crop Guard Limited has informed the Exchange regarding Appointment of Mr Umesh Menon and Bhupatray Khunt as Non- Executive Independent Director of the company w.e.f. August 14, 2025.
DHARMAJ · price
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Dharmaj Crop Guard's board met on August 13, 2025 and approved unaudited Q1 FY26 results showing strong growth — revenue from operations rose to ₹3,673.83 million (up ~44% from ₹2,552.81 million in Q1 FY25), with net profit more than doubling to ₹325.87 million (vs ₹150.67 million) and EPS of ₹9.64 (vs ₹4.46). The board appointed Mr. Umesh Menon (PhD, 27+ years in entrepreneurship and agri-business consulting) and Mr. Bhupatray Khunt (MD of Fujitec Express, entrepreneur) as Additional Independent Directors for five years from August 14, 2025. Mr. Bhaveshkumar Ponkiya resigned as Independent Director citing other professional commitments, effective the same day, also stepping down from his committee roles. Additionally, M/s. D. I. Somaiya and Associates was appointed as Strategic Advisor for two years. The company also noted plans to set up a wholly-owned subsidiary in Brazil.
Strong Q1 results with revenue growth of ~44% and net profit more than doubling YoY signal robust operational momentum for shareholders. Board refresh with two experienced independent directors and a strategic advisor appointment is a positive governance move, while the outgoing director's resignation appears routine with no governance concerns flagged.