1. Appointment of Mrs. Parvathi Manthena as an Additional Director 2. Re-Appointment of M/s. Thirupathi & Associates as an internal auditors of the Company 3. Re-appointment of M/s. ....
KERNEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kernex Microsystems India Ltd held a Board meeting on 29th May 2026 where the Board approved the audited standalone and consolidated financial results for Q4 and the financial year ended 31st March 2026, with unmodified audit reports from NSVR and Associates LLP. The Board appointed Mrs. Parvathi Manthena as an Additional Non-Executive Director, recommended for shareholder approval. Mrs. Manthena is a Promoter associated with the company for over 20 years, and is related to existing Board members — she is the wife of Dr. Anji Raju Manthena (Non-Executive Director) and mother of Mr. Sitarama Raju Manthena (Whole Time Director). The Board also re-appointed M/s. Thirupathi & Associates as Internal Auditors and M/s. M P R & Associates as Cost Auditors for FY 2026-27.
The appointment of a promoter family member (wife and mother of existing directors) to the Board may raise governance concerns for minority shareholders, though routine auditor reappointments are neutral. The audited financial results with clean audit reports are broadly positive.