The outcome of the Board Meeting held on 25th May 2026 is enclose.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.6 pts more than Nifty Microcap 250 and 7.0 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Narmada Gelatines Ltd's board approved the audited standalone and consolidated financial results for FY ended March 31, 2026. Standalone revenue grew marginally from ₹16,778 lakhs to ₹17,800 lakhs (approx 6% increase), while profit after tax remained relatively flat at ₹2,333 lakhs vs ₹2,279 lakhs in the previous year. The auditors from Lodha & Co LLP issued an unmodified (clean) audit opinion with no qualifications. The board recommended a dividend of 110% (₹11 per equity share of face value ₹10). Key leadership continuity was maintained with re-appointment of Mr. Ashok K Kapur as Managing Director for 2 years and Mr. Kailasam Krishnamoorthy as Independent Director for another 5-year term. M/s P.B. Singh & Associates was appointed as the new internal auditor for FY 2026-27. The 65th AGM is scheduled for August 19, 2026.
Positive for shareholders: clean audit opinion confirms financial reliability, and the dividend payout signals management confidence. However, revenue and profit growth rates are modest and may not excite growth-focused investors.