Re-Appointment of Mr. Lloyd Mathias as an Independent Director of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board meeting held on May 19, 2026 approved the audited financial results for Q4 and FY2026. Consolidated revenue grew to ₹48,873 lakhs (vs ₹44,285 lakhs last year), though Q4 profit before tax was ₹220 lakhs, impacted by an exceptional charge of ₹1,589 lakhs due to new labour codes. The standalone entity remains loss-making with a loss before tax of ₹1,018 lakhs for FY2026. The board also re-appointed Mr. Lloyd Mathias as Independent Director for a second 5-year term (Dec 2026–Nov 2031), subject to shareholder approval. Company Secretary Ms. Manu Chaudhary resigned effective May 31, 2026, and Mr. Shubham Jain was appointed to the role from June 1, 2026. HT Digital Streams, the wholly-owned subsidiary, carried out a share buyback of 12.18 lakh shares at ₹86.75 per share.
The re-appointment of an experienced independent director like Lloyd Mathias provides continuity in board governance. However, the KMP-level changes in company secretary and the standalone losses may warrant attention. The exceptional labour code charge compresses FY2026 profitability.