Q1FY27 results, Independent Director re-appointment, Lodha merger update
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved Q1FY27 results with profit at 254.04 lakh, more than double YoY from 98.68 lakh. Total income was 346.67 lakh versus 433.71 lakh, as revenue from operations was negative 101.57 lakh due to reversal of a previously sold unit. Ms. Ritika Bhalla re-appointed as Independent Director for a second 5 year term starting July 12, 2027, subject to shareholder approval. The 63rd AGM is scheduled for August 28, 2026. A merger scheme with Lodha Developers (holding company) was filed with NCLT on June 11, 2026 and is pending approval.
Profit more than doubled YoY. Pending NCLT approval of merger with Lodha Developers is a key catalyst for shareholders to watch.