Reappointment of Managing Director
DISAQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Disa India Ltd's Board meeting on May 19, 2026 approved multiple items including audited financial results for FY26, reappointment of Managing Director, and a recommended dividend. For FY26, standalone revenue grew 10.4% to Rs 4,247 million with profit after tax of Rs 539.2 million (flat YoY), while consolidated revenue rose 8.9% to Rs 4,251 million with PAT up 6.3% to Rs 536.2 million. The Board recommended a final dividend of Rs 200 per share (2,000%), totaling Rs 290.84 million, subject to shareholder approval at the AGM on August 12, 2026. Mr. Lokesh Saxena was reappointed as Managing Director & CEO for 3 years from June 21, 2026 to June 20, 2029. The company maintains strong cash reserves of Rs 195.9 million on consolidated basis and has an order backlog of Rs 2,284 million.
Positive for shareholders - the company delivered steady revenue growth, maintained profitability, and announced a generous dividend payout. The reappointment of the existing Managing Director provides leadership continuity and stability for the business going forward.