IVPNSEIVP Limited· Chemicals - OrganicLowNeutral
Announced Thu, 15 May · 16:38 IST

IVP Limited has informed the Exchange regarding 'Appointment of Cost Auditors for FY 2025-26'.

Management Changes View source PDF

IVP · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IVP Limited's board, at its May 15, 2025 meeting, approved audited financial results for Q4 and FY ended March 31, 2025. FY25 total income stood at Rs. 54,257 lakhs (vs Rs. 54,913 lakhs in FY24), with profit after tax of Rs. 1,131 lakhs (vs Rs. 1,228 lakhs) and EPS of Rs. 10.96 (vs Rs. 11.89). The board recommended a final dividend of 10% (Rs. 1 per share) for FY25, subject to shareholder approval. Mr. Mandar P. Joshi was reappointed as Whole-time Director & CEO for another 3 years effective August 1, 2025. The company also appointed M/s A. A. Mulla & Associates as Secretarial Auditor for 5 years and M/s Kishore Bhatia & Associates as Cost Auditors for FY 2025-26. Statutory auditors issued an unmodified opinion on the financial results.

Likely market impact

A largely routine board update. FY25 profits dipped modestly year-on-year, but the maintained Rs. 1 dividend and CEO continuity signal stability. No negative governance flags; auditor appointments are standard compliance items.