MRFNSEMRF Limited· TyresMediumNeutral
Announced Thu, 7 May · 12:57 IST

MRF Limited has informed the Exchange about Change in Company Secretary/Compliance Officer

Kmp ResignedManagement Changes View source PDF

MRF · price

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Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹130000.00
prior close
₹131815.00
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AI summary

MRF Limited has announced a change in its Company Secretary and Compliance Officer position. Mr. S Dhanvanth Kumar resigned from his role effective May 7, 2026, citing health reasons. The Board has appointed Mr. Thulsidass T V as the new Vice President, General Counsel, and Company Secretary with immediate effect. Mr. Thulsidass previously served as Company Secretary and Compliance Officer at Britannia Industries Limited and brings over 25 years of experience in secretarial, compliance, and legal functions. The company also released its FY2026 audited financial results showing consolidated revenue of Rs 31,149.01 Crores (up 10.6% YoY) and net profit of Rs 2,426.10 Crores (up 29.5% YoY). Additionally, MRF recommended a final dividend of Rs 229 per share, bringing the total dividend for FY26 to Rs 235 per share (2350%).

Likely market impact

The resignation of the Company Secretary due to health reasons is a routine transition, and the immediate appointment of an experienced replacement ensures continuity in compliance functions. The company's strong financial performance and shareholder-friendly dividend policy remain intact.