Re-appointment of Mr. Harsh Bharwani (DIN:02020253) as Managing Director and CEO for a period of 3 years w.e.f August 31, 2026 to August 30, 2029 subject to the approval of the shareholders ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jetking Infotrain's Board Meeting on May 28, 2026 approved the re-appointment of Mr. Harsh Bharwani as Managing Director & CEO for 3 years (August 31, 2026 to August 30, 2029), subject to shareholder approval via Postal Ballot. The Board also approved audited financial results showing a significant deterioration: standalone loss of Rs 134.36 lakhs for FY26 versus profit of Rs 342.69 lakhs in FY25. Revenue from operations marginally increased to Rs 2,222.07 lakhs from Rs 2,177.86 lakhs. The company also re-appointed M/s. Divatia & Mehta as Internal Auditor for FY26-27. Harsh Bharwani (22+ years experience) is related to Siddharth Bharwani (Joint MD & CFO).
The company's transition from profit to loss in FY26 raises concerns about operational performance, though the continuation of leadership provides stability. Shareholders should monitor the upcoming postal ballot for the MD re-appointment.