Intimation under Regulation 30 regarding Appointment of Statutory Auditor
LLOYDSENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lloyds Enterprises Limited held its Board Meeting on May 8, 2026 and approved multiple items. The company reported strong FY26 standalone net profit of Rs 268.09 crore (vs Rs 16.43 crore in FY25) on total income of Rs 812.09 crore, and consolidated net profit of Rs 416.96 crore (vs Rs 123.39 crore in FY25) on total income of Rs 2,183.71 crore. The Board recommended a final dividend of Re. 0.05 per share (5%) for FY25-26, subject to shareholder approval. Key appointments include M/s. V. K. Beswal & Associates being appointed as the new Statutory Auditor for a 5-year term (subject to AGM approval), replacing the current auditor. The company also re-appointed Mr. Sandeep Suhas Aole as Independent Director for a second 5-year term and re-appointed R. D. Nagvekar & Co. as Internal Auditor for FY26-27.
The appointment of a new statutory auditor indicates a regular auditor rotation rather than a forced change. Strong financial performance with profit growth in both standalone and consolidated results should be positive for shareholders. The dividend recommendation provides shareholder returns.