Jay Bharat Maruti Limited has informed the Exchange regarding reappointment of M/s Sahni Natarajan and Bahl as Internal Auditors of the Company for the F.Y. 2026-27.
JAYBARMARU · price
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Jay Bharat Maruti Limited's Board meeting on May 19, 2026 approved several items. The company reported strong FY2025-26 standalone revenue of Rs. 2,550.99 crore (up ~11.4% YoY) with net profit after tax of Rs. 137.86 crore (standalone), compared to Rs. 31.80 crore in the prior year, boosted by a one-time deferred tax reversal benefit of Rs. 36.79 crore. Statutory auditors GSA & Associates LLP issued an unmodified opinion. The Board recommended a final dividend of Rs. 0.70 per share (35% on Rs. 2 face value). M/s Sahni Natarajan and Bahl was reappointed as Internal Auditor for FY 2026-27. The 39th AGM is scheduled for August 25, 2026. The company also passed an enabling resolution for potential issuance of securities up to Rs. 750 crore and approved voluntary delisting of its equity from the Calcutta Stock Exchange (CSE) while remaining listed on NSE and BSE.
Strong financial performance with multi-year net profit growth is positive for shareholders. The proposed Rs. 750 crore securities issuance may dilute equity but could fund growth. CSE delisting has no trading impact as CSE has no active platform.