Re-appointment of Independent Directors of the Company s.t approval of the shareholders of the company
HARSHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Harsha Engineers International Limited's board meeting on May 7, 2026 approved the re-appointment of 4 Independent Directors for a second term of 5 years (January 10, 2027 to January 9, 2032), subject to shareholder approval at the ensuing 16th AGM. The directors are Mr. Ambar Patel, Mr. Kunal Shah, Dr. Bhushan Punani, and Mr. Ramakrishnan Kasinathan. The meeting also covered Q4 FY26 financial results showing standalone net profit of Rs. 5,317 lakh for the quarter and Rs. 17,680 lakh for the full year, appointment of new statutory auditor M/s Mukesh M. Shah & Co, dividend recommendation of Rs. 1.5 per share (15%), and approval of an ESOP 2026 scheme with 18 lakh options.
The re-appointment of all four independent directors for second terms signals continuity in governance structure and is a routine positive update. The company also declared healthy FY26 results with ~5x YoY profit growth and recommended maiden dividend.