NCC Limited has informed the Exchange regarding Appointment of Sri Rajender Mohan Malla (DIN: 00136657) as Chairman of the company w.e.f. May 24, 2026.
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NCC Limited held its Board Meeting on May 15, 2026, approving multiple items including audited financial results for FY 2025-26. Standalone revenue declined to Rs. 17,463 Cr from Rs. 19,206 Cr, with net profit at Rs. 577 Cr vs Rs. 759 Cr last year. Consolidated revenue was Rs. 20,823 Cr with net profit of Rs. 724 Cr. The Board recommended a dividend of Rs. 2.20 per share (110%) for FY 2025-26. Key leadership changes include Sri Rajender Mohan Malla being elected as Chairman (effective May 24, 2026) succeeding Dr. A S Durga Prasad whose term ends May 23, 2026. The Board also approved appointment of Smt. Kauslya Bhupathi Raju as Director (Commercial) and Sri A Karthik as Company Secretary & KMP, both related party transactions.
Revenue and profit declined year-on-year but remain healthy. New chairman appointment provides continuity. Dividend declaration is positive for shareholders. Family-related appointments may raise governance considerations.