Announced Fri, 23 Oct, 2026 · 21:54 IST
Board approves FY26 accounts, secretary resignation and capital plans
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
FY2025-26 accounts were approved, with no dividend. Company Secretary and Compliance Officer Abhishek Pokharna resigned effective September 20, 2026. Allotment for Rs 5.746 crore of convertible debt was deferred pending exchange approval. The company proposed 5.2576% employee share awards and a 24.5356% employee share option pool, and dropped the UMT Infra acquisition. Two directors and a five-year auditor await shareholder approval.
Likely market impact
Debt conversion and options may dilute equity; no dividend is recommended. The secretary's exit leaves a compliance gap as no successor is named.