Announced Thu, 2 Jul · 12:37 IST

Board rejig, family director entry, FY26 results and internal auditor re-appointed

Promoter Family Board EntryManagement Changes View source PDF

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AI summary

Board approved FY26 audited results - revenue Rs 61.94 lakh (vs Rs 155.71 lakh), net loss Rs 31.29 lakh (vs Rs 17.07 lakh). Statutory auditor B.L. Dasharda gave unmodified opinion. Vinay Seksaria elevated from Executive Director to Managing Director, KMP and Chairman for 5 years. His wife Radhika Seksaria appointed Additional Director. Internal Auditor M.R.V. & Associates re-appointed for FY27. A Rs 35.18 crore gain from NAV-based revaluation of associate investments drove total comprehensive income positive.

Likely market impact

Promoter family additions to board; weak core operations offset by a large one-time revaluation gain on associate investments.