Ems Limited has informed the Exchange about Giving guarantees/indemnity/ becoming a surety for third party
EMSLIMITED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
EMS Limited's Board meeting on May 29, 2026 approved audited financial results for FY 2025-26 with consolidated revenue of Rs. 73,274.72 lakhs (down from Rs. 97,249.19 lakhs) and net profit of Rs. 9,119.43 lakhs (down from Rs. 18,378.35 lakhs). The company declared a final dividend of Rs. 1.5 per share (15%). Chairman Mr. Ramveer Singh voluntarily waived his monthly salary of Rs. 50 lakhs, stating it is in the company's interest and unrelated to any dispute. The Board also appointed M/s. Rishi Kapoor & Co as Strategic Financial Consultant. Additionally, EMS Limited provided a corporate guarantee of Rs. 35 crores to HDFC Bank for its subsidiary EMS Industries Private Limited, comprising Rs. 15 crores for working capital and Rs. 20 crores for machinery purchase.
The significant decline in revenue and profit (approx. 35% drop) may concern investors, though the unmodified auditor opinion and dividend indicate financial stability. The Rs. 35 crore guarantee for the subsidiary increases off-balance sheet exposure but is disclosed as arm's length with no immediate impact on the parent company.