NETWEBBSENetweb Technologies India LtdHighNeutral
Announced Sat, 2 May · 19:41 IST

Change in Management

Management Changes View source PDF

NETWEB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹4069.00
prior close
₹4090.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.0-5.2-5.2-7.3+2.9+7.2+6.2+8.6+5.8-3.3-5.6+20.7+8.4
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AI summary

Netweb Technologies India Ltd held a Board Meeting on May 02, 2026, approving the audited financial results for Q4 and FY ended March 31, 2026. The company reported strong financial performance with total income of Rs. 8,115.60 million and profit after tax of Rs. 1,530 million for FY26. The Board recommended a final dividend of Rs. 3.00 per equity share (150% of Rs. 2 face value), subject to shareholder approval at the AGM. The company appointed M/s Sankalp & Associates as new Internal Auditors for FY 2026-27. Additionally, two senior executives were formally recognized as Senior Management Personnel: Mr. Mukul Kedia as Chief Strategy Officer and Mr. Swastik Chakraborty as Vice President - Technology, both effective May 02, 2026. The statutory auditor gave an unmodified opinion on the financial results.

Likely market impact

Positive for shareholders - strong financial performance with maiden dividend recommendation and new senior talent addition signals growth focus. The dividend payout rewards shareholders while maintaining capital adequacy.