CFO Vishal Begwani resigns effective Oct 30, 2026
EIMCOELECO · price
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Eimco Elecon's CFO Vishal Begwani resigned to pursue another professional opportunity outside the company, effective close of business on October 30, 2026. He confirmed there are no material reasons for his exit beyond his stated reason. The same board meeting approved Q2 and H1 FY27 results: Q2 revenue rose 70.9 percent year-on-year to roughly Rs 57 crore, EBITDA grew 108.8 percent to Rs 11 crore with margins of 18.8 percent, and PAT climbed 46.5 percent to Rs 8 crore. Order book stands at Rs 133 crore.
CFO exit may create short-term transition uncertainty despite strong Q2 results and Rs 133 crore order book supporting growth outlook.