Euro Panel Products Limited has informed the Exchange about Resignation of Director/KMP/SMP
EUROBOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Euro Panel Products Limited reported strong FY2026 results with standalone revenue of Rs 50,393.24 lakhs (up 19% YoY) and profit after tax of Rs 2,719.72 lakhs (up 47.6% YoY). The Board approved re-appointment of Mr. Rajesh Nanalal Shah as Managing Director and Mr. Divyam Rajesh Shah as Whole-time Director for 5-year terms each, subject to shareholder approval. Ms. Daisy Dsouza resigned as Independent Director. The company also incorporated a new subsidiary, Euro Sealant Private Limited (51% stake) in Tamil Nadu, and re-appointed its internal and cost auditors.
The resignation of an independent director could raise minor governance questions, though the overall sentiment is positive given strong financial performance and continuity in key leadership positions. Shareholders should monitor the replacement appointment for the independent director vacancy.