NCC Limited has informed the Exchange regarding Appointment of Sri A V N Raju (DIN: 00018965) as Executive Director of the company w.e.f. May 30, 2026.
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NCC Limited reported FY26 standalone revenue of Rs 17,463 Crores (down 9% YoY) and consolidated revenue of Rs 20,823 Crores (down 6% YoY). Net profit fell to Rs 576.76 Crores standalone and Rs 723.96 Crores consolidated. The Board recommended dividend of Rs 2.20 per share (110%) for FY26, subject to shareholder approval. Key board changes include reappointment of Sri A V N Raju as Whole-time Director for 5 years from May 30, 2026, appointment of Smt. Kauslya Bhupathi Raju as Director (Commercial) from September 1, 2026 (classified as a related party transaction), appointment of Sri A Karthik as Company Secretary and KMP, and election of Sri Rajender Mohan Malla as new Chairman from May 24, 2026 replacing Dr. A S Durga Prasad.
While revenue and profit declined year-on-year, the company maintains profitability and continues dividend payouts. The appointment of related party Smt. Kauslya Bhupathi Raju will require shareholder approval and may attract scrutiny given the family connection to existing promoters. The leadership transition at board level ensures continuity.