Omax Autos Limited has informed the Exchange about change in Management- appointment of Internal Auditors for the financial year 2026-27.
OMAXAUTO · price
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Omax Autos Limited held its Board meeting on May 02, 2026 and approved multiple items. The company reported audited financial results for FY 2025-26 with total income of Rs. 5,200.0 million and profit after tax of Rs. 370.4 million, representing significant growth from the previous year. The Board declared an interim dividend of Rs. 2.5 per equity share (25% on Rs. 10 face value), with May 08, 2026 fixed as the record date for dividend eligibility. Additionally, the company appointed two firms - M/s Neeraj Madan & Associates and M/s T S A Business Advisors Private Limited - as Internal Auditors for FY 2026-27, based on the Audit Committee's recommendation. The statutory auditors BGJC & Associates LLP issued an unmodified opinion on the financial results.
Positive signals for shareholders with strong profit growth and dividend payout. The appointment of new internal auditors for the upcoming fiscal year indicates routine governance maintenance with no red flags.