KIRANVYPARBSEKiran Vyapar LtdMediumNeutral
Announced Mon, 11 Aug · 18:51 IST

Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its ....

Management Changes View source PDF

KIRANVYPAR · price

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▲ 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

Kiran Vyapar's board, meeting on 11 August 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025) along with the limited review report. Standalone profit after tax fell to ₹862.80 lakhs from ₹1,690.53 lakhs in Q1 FY25, while total comprehensive income rose to ₹8,879.71 lakhs driven by fair-value gains on investments. On a consolidated basis, profit after tax dropped sharply to ₹1,621.90 lakhs from ₹3,343.78 lakhs a year earlier, though total comprehensive income stayed nearly flat at ₹12,490.37 lakhs. The board also appointed M/s. MR & Associates, a Kolkata-based firm led by CS Mohan Ram Goenka, as the new Secretarial Auditor for a 5-year term (FY26–FY30), subject to shareholder approval. A pending NCLT scheme for associate Placid Ltd and step-down subsidiary Sukhday Greenview Pvt Ltd was noted.

Likely market impact

Sharply lower standalone and consolidated profits versus last year may weigh on the stock, though strong comprehensive income from investment revaluations cushions the headline numbers. The secretarial auditor appointment is routine and unlikely to move the needle.