Re-designation of Mr. Shail Jayesh Shah (DIN: 07543594) from Whole Time Director and Chief Financial Officer designated as Executive Director-Finance and CFO to Whole Time Director designated ....
GSPCROP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GSP Crop Science Limited held its Board Meeting on May 26, 2026 and approved multiple items. Key executive change: Mr. Shail Jayesh Shah is being re-designated from Whole Time Director and CFO to Executive Director - Strategy and Corporate Affairs effective June 1, 2026, and will cease to be CFO from May 31, 2026. Mr. Pranav Chitre has been appointed as the new CFO effective June 1, 2026. Financial highlights: The company reported standalone net profit of Rs. 216.09 million for FY2026. Revenue from operations stood at Rs. 16,059.06 million. The Board recommended a final dividend of Rs. 1.00 per share (10%) for FY2026, subject to shareholder approval at the AGM. The company also appointed Mahajan & Aibara LLP as Internal Auditor and re-appointed Dalwadi & Associates as Cost Auditor for FY2026-27.
The CFO transition represents a routine leadership change. The company posted strong FY2026 results with robust revenue growth following its IPO listing in March 2026. The dividend recommendation provides positive shareholder returns.