Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Elixir Capital Ltd's Board approved audited annual financial results for FY ended March 31, 2026. Standalone revenue declined marginally to Rs. 90.09 lakhs from Rs. 91.53 lakhs (previous year). However, profit after tax grew 13.5% to Rs. 72.44 lakhs from Rs. 63.80 lakhs, with EPS improving to Rs. 1.25 vs Rs. 1.10. The Board recommended a final dividend of Rs. 1.25 per share (12.5%) subject to shareholder approval. Key appointments include re-appointment of Mrs. Radhika Mehta as Whole-Time Director (effective August 14, 2026 for 5 years) and appointment of M. Parashar & Co. as new statutory auditors replacing JMT & Associates. The auditors issued an unmodified (clean) opinion on the financial statements. Mrs. Radhika Mehta is a related party - spouse of Non-Executive Chairman Mr. Dipan Mehta and mother of CFO Mr. Varun Mehta.
The company delivered solid profit growth despite modest revenue decline, indicating improved operational efficiency. Dividend declaration and clean audit opinion are positive signals for shareholders. The auditor change requires shareholder approval at the 32nd AGM.