The Board of Directors has approved the re-appointment of Mr. Balu Narayanasamy, Mrs. Bosco Giulia and Mr. Nishanth Balu as Whole-time Directors for a further period of 3 years, subject ....
LAMBODHARA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lambodhara Textiles reported audited FY26 results with total revenue of Rs 2,432 Cr (up 3.5% YoY) and profit after tax of Rs 1,100.48 Lakhs, a 61% increase from Rs 682.49 Lakhs in FY25. The Board declared a 10% dividend (Re. 0.50 per share). Three Whole-time Directors were re-appointed for 3 years: Mr. Balu Narayanasamy (from July 2026), Mrs. Bosco Giulia (from September 2026), and Mr. Nishanth Balu (from December 2026). The company also changed its Registrar and Share Transfer Agent from MUFG Intime to Cameo Corporate Services and re-appointed cost and internal auditors.
The strong 61% jump in net profit and maiden-style dividend declaration signal a healthy operating performance, which could be positive for the stock. The continuity of the promoter family in key director roles provides management stability.