Re-appointment of Independent Directors for the second term of 5 years.
IVP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IVP Limited's Board of Directors met on May 21, 2026, and approved multiple items. The company reported strong audited financial results for FY2026 with revenue from operations of Rs 59,455 lakhs (up from Rs 53,885 lakhs in FY2025) and profit after tax of Rs 1,868 lakhs (up from Rs 1,131 lakhs), representing a 65% increase in net profit. The Board recommended a 15% dividend (Rs 1.5 per share). Two Independent Directors - Mr. Ranjeev Ugamraj Lodha and Ms. Mala Arun Todarwal - were re-appointed for a second term of 5 years each, subject to shareholder approval. Additionally, M/s. Rajendra & Co. was re-appointed as Statutory Auditors for 5 years, and M/s. Kishore Bhatia & Associates was appointed as Cost Auditors for FY 2026-27.
Positive signals for shareholders - strong profit growth, consistent dividend payout, and continuity in board governance with experienced independent directors being re-appointed for another term.