Donear Industries Limited has informed the Exchange regarding Appointment of M/s Yogesh Sharma & Co as Other of the company w.e.f. August 14, 2025.
DONEAR · price
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Donear Industries' board met on August 14, 2025 and approved Q1 FY26 results with standalone revenue from operations of Rs 19,631.61 lakhs (slightly down from Rs 19,900.11 lakhs in Q1 FY25) and profit after tax of Rs 880.98 lakhs (up marginally from Rs 878.55 lakhs), giving an EPS of Rs 1.69. Statutory auditors Kanu Doshi Associates LLP issued an unmodified limited review opinion on the results. Company Secretary & Compliance Officer Sejal Shah resigned effective the same day, citing personal reasons. The board appointed M/s M.L. Bhuwania & Co. LLP as the new statutory auditor for a 5-year term starting from the conclusion of the 39th AGM, and M/s Yogesh Sharma & Co as secretarial auditor for FY26 to FY30, both subject to shareholder approval. The board also fixed September 20, 2025 as the record date for a dividend of Rs 0.20 per share (10%) on face value of Rs 2 for FY25, and scheduled the 39th AGM for September 27, 2025 via video conferencing.
Financial performance was broadly flat year-on-year with stable profitability, which is unlikely to move the stock meaningfully on its own. However, the simultaneous exit of the Company Secretary, rotation of statutory auditors, and dividend declaration add to governance churn that investors should monitor, though no red flags are apparent.