Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Board of Directors at their meeting held on May 12, 2026 considered and approved the following: 1. Re-appointment of ....
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NR Agarwal Industries reported strong FY2025-26 results with net profit surging 147% to ₹4,369.91 Lakhs, driven by 29% revenue growth to ₹2,14,544.53 Lakhs. The Board approved a 20% dividend (₹2 per share of ₹10 face value), subject to shareholder approval at the AGM. Key leadership changes include re-appointment of P K Mundra as Executive Director & CFO for 3 years from August 2026, and elevation of promoter family members Raunak Agarwal and Rohan Agarwal from Whole Time Directors to Deputy Managing Directors effective May 12, 2026. The auditors issued an unmodified opinion. Capital work-in-progress significantly increased to ₹22,716.23 Lakhs from ₹1,974.04 Lakhs, indicating ongoing expansion. Credit rating maintained at ICRA A-.
The robust financial performance with nearly 4x growth in profit before tax and the dividend announcement are positive signals for shareholders. The elevation of promoter family members to higher leadership roles suggests continued family business continuity and succession planning, which may provide governance stability.