Re-appointment of Whole Time Directors, Managing director, Internal and Cost Auditors
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nikhil Adhesives Limited's Board of Directors met on May 27, 2026, and approved multiple items including audited financial results for FY ended March 2026. The company reported revenue from operations of Rs. 55,355.35 lakhs and profit before tax of Rs. 2,357.31 lakhs, with total comprehensive income of Rs. 1,752.34 lakhs. The board re-appointed three key directors - Mr. Tarak Jayantilal Sanghavi and Mr. Rajendra J. Sanghavi as Whole Time Directors, and Mr. Umesh J. Sanghavi as Chairman and Managing Director, each for a period of 3 years. Additionally, M/s. BD G & Co., LLP was re-appointed as Internal Auditors and M/s. B.F. Modi & Associates as Cost Auditors for FY 2026-27. A dividend of Rs. 0.22 per equity share was declared for FY 2025-26.
The re-appointment of all three directors (who are brothers) ensures continuity in leadership and governance. The dividend declaration and improved profit figures (up from Rs. 2,213.44 lakhs to Rs. 2,357.31 lakhs) are positive signals for shareholders, though the revenue declined slightly year-over-year.