Appointment of Independent Director
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Naturewings Holidays Ltd's Board approved the standalone audited financial results for FY ended March 31, 2026, reporting revenue of Rs 3,026.60 lakhs (up 41% from Rs 2,147.26 lakhs) and profit after tax of Rs 154.74 lakhs (up 43% from Rs 108.32 lakhs). The Board appointed Mr. Kunaal Deepak Agashe as an Independent Director for a 5-year term from May 29, 2026, subject to shareholder approval. Mr. Agashe brings over 20 years of multi-disciplinary experience spanning finance, legal, operations, and strategy, with demonstrated success in scaling organizations. The company also appointed M/s K Jatin & Co. as secretarial auditor and Rajat Kala & Associates as internal auditor for FY 2026-27. Cash and cash equivalents doubled to Rs 787.98 lakhs from Rs 394.63 lakhs. Statutory auditors Maheshwari & Co. issued an unmodified opinion on the financial statements.
The appointment of an experienced Independent Director strengthens board governance and oversight. The strong financial performance with 40%+ revenue and profit growth, combined with healthy cash reserves and clean audit opinion, signals a healthy growth trajectory for the travel and tourism company.