Resignation of Company Secretary
MRF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MRF Ltd's Board meeting on 7th May 2026 approved multiple items including audited FY2026 results showing standalone revenue of Rs 30,652 Crores (up 10.8% YoY) and net profit of Rs 2,355 Crores. Mr. S Dhanvanth Kumar resigned as Company Secretary, Compliance Officer and KMP on 13th April 2026 citing health reasons, relieved from 7th May 2026. The company immediately appointed Mr. Thulsidass T V (formerly at Britannia Industries with 25+ years experience) as VP, General Counsel and Company Secretary, also effective 7th May 2026. The Board recommended a final dividend of Rs 229 per share, making total FY2026 dividend Rs 235 per share (2350%). Joint statutory auditors M M Nissim & Co LLP were reappointed for 5 years subject to shareholder approval.
The resignation and immediate replacement of the Company Secretary is routine, with no governance concerns as the company swiftly filled the position with an experienced professional from Britannia Industries. Strong financial results and generous dividend payout (2350%) are positive signals for shareholders.