Announced Fri, 14 Aug, 2026 · 16:29 IST
Family director entry as mother exits ERP Soft Systems board
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY26 results. Standalone profit Rs 0.77 lakh vs Rs 1.96 lakh YoY. Consolidated profit Rs 3.22 lakh vs Rs 4.54 lakh. Non-executive director Duvvuru Sarojanamma resigned for personal reasons. Her son, a Chartered Accountant and brother of Managing Director, was appointed Additional Director with 3.20 lakh shares.
Likely market impact
Promoter family board reshuffle, son replacing mother. Q1 profits declined year on year at both standalone and consolidated levels.