The Board of Directors at its Board meeting held today has approved the appointment of Mrs. Sanjukta Mazumdar as the Internal auditor of the Company for the FY 2026-27.
INDPRUD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved the audited standalone and consolidated financial results for Q4 and FY ended March 2026, with auditors M/s S Jaykishan issuing an unmodified opinion. The Board recommended a dividend of Rs. 120/- per equity share (1200% on face value of Rs. 10/-) for FY 2025-26, subject to shareholder approval at the ensuing AGM. Mrs. Sanjukta Majumdar, a Chartered Accountant, was appointed as the Internal Auditor for FY 2026-27. Additionally, the Board approved the continuation of Mr. Gaurav Swarup as Chairman & Managing Director beyond the age of 70 years (attaining 70 on 21 Nov 2026) during his current term ending 31 January 2027, pending shareholder approval via special resolution as required under the Companies Act and SEBI regulations.
Positive for shareholders: clean audit results and a generous 1200% dividend signal strong performance. The CMD tenure extension beyond age 70 requires shareholder approval and is a routine governance item for long-serving directors.