The Board of Directors at its Board Meeting held today has duly approved the continuation of Mr. Gaurav Swarup (DIN 00374298) as the Chairman & Managing Director of the Company beyond the ....
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▲ 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 an unmodified opinion from auditors M/s S Jaykishan. A dividend of Rs. 120 per equity share (1200% on Rs. 10 face value) has been recommended, subject to shareholder approval at the ensuing AGM. Mrs. Sanjukta Majumdar was appointed as Internal Auditor for FY 2026-27. The Board also approved the continuation of Mr. Gaurav Swarup as Chairman & Managing Director beyond the age of 70 years (which he will attain on 21 November 2026) during his current term ending 31 January 2027, requiring a special resolution from shareholders as mandated under Section 196(3)(a) of the Companies Act, 2013 and SEBI regulations.
Continuation of the CMD beyond age 70 requires shareholder approval and signals governance-related disclosure. The dividend recommendation and clean audit opinion are positive signals for investors. The board meeting concluded at 7:00 PM.