Goa Carbon Limited has informed the Exchange regarding Appointment of Mr. Anupam Misra as Executive Director of the company w.e.f. May 28, 2025.
GOACARBON · price
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Goa Carbon's board met on May 7, 2025 and approved several items. Mr. Anupam Misra was re-appointed as Whole-time Director (designated Executive Director) for 2 years from May 28, 2025, subject to shareholder approval via postal ballot — this is a continuation, not a new appointment, as his prior 3-year term expires May 27, 2025. BDO India LLP was re-appointed as Internal Auditor for FY26, CS Shivaram Bhat was appointed as Secretarial Auditor for 5 years from April 1, 2025, and Joshi Apte and Associates as Cost Auditor for FY26. The company posted a net loss of Rs. 22.03 crore for FY25 against a profit of Rs. 85.50 crore in FY24, with total income nearly halving to Rs. 519.84 crore. No final dividend was declared due to the loss. Statutory auditor B S R & Co. LLP issued an unmodified opinion.
Shareholders face a disappointing year with a swing from profit to loss, no dividend, and an EPS of Rs. (24.07) versus Rs. 93.43 last year — the stock is likely to react negatively. Continuity in the Executive Director role provides some management stability, but the sharp revenue drop and ongoing tax/cess disputes remain key concerns.