Nila Spaces Limited has informed the Exchange about change in Management
NILASPACES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nila Spaces Limited held its Board meeting on May 7, 2026, and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone total income was Rs 4,076.86 lakhs for the year (vs Rs 3,892.80 lakhs previous year), with profit after tax of Rs 1,517.44 lakhs. Consolidated total income was Rs 19,796.15 lakhs for the year. Two key management appointments were made: Mr. Prashant H. Sarkhedi was appointed as Whole-Time Director (3-year term), and Mr. Deep S. Vadodaria was appointed as Chairman and Managing Director (3-year term). New auditors were also appointed for FY 2026-27.
The company reported improved year-on-year financial performance. The management appointments formalize leadership roles, which appears to be a continuation rather than a change. No major governance concerns are raised for shareholders.