Regulation 30 announcement for the change in management for re-appointment of Mr. Vishwesh D. Mehta as the Managing Director (Executive & Non Independent Director)& Key Managerial Personnel ....
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Mehta Integrated Finance Limited held its Board meeting on May 28, 2026, approving the audited financial results for Q4 and FY ended March 31, 2026. The company reported Total Income of ₹74.91 lakhs and Profit After Tax of ₹8.95 lakhs, compared to ₹108.64 lakhs and ₹41.35 lakhs respectively in the previous year, indicating a decline in profitability. The Board also re-appointed Mr. Vishwesh D. Mehta as Managing Director (Executive & Non-Independent Director) & Key Managerial Personnel for a term of 3 years from June 01, 2026 to May 31, 2029, subject to shareholder approval. Additionally, M/s. Trivedi Parikh & Shah were re-appointed as Internal Auditors for FY 2026-27. Statutory auditors issued an unmodified opinion on the financial results.
The re-appointment of Mr. Vishwesh D. Mehta ensures continuity in leadership. However, the significant decline in profit (down from ₹41.35 lakhs to ₹8.95 lakhs) may raise concerns among investors about the company's financial performance in FY2026.