Omax Autos Limited has informed the Exchange regarding Change in Director(s) of the company.
OMAXAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Omax Autos announced its unaudited Q1 FY26 (quarter ended June 30, 2025) results, with revenue from operations rising to Rs 9,963.65 lakhs from Rs 8,420.18 lakhs in the same quarter last year, an increase of roughly 18%. Total income stood at Rs 11,042 lakhs versus Rs 9,187.76 lakhs year-on-year. The Board recommended a final dividend of Rs 2.5 per share (25%) on the Rs 10 face value equity share for FY 2024-25, with the record date fixed as August 22, 2025. Key managerial changes include the appointment of Ms. Kannu Sharma as Company Secretary and Mr. Sanjeev Kumar as the new Chief Financial Officer, replacing Mr. Devashish Mehta who stepped down as CFO (he continues as Managing Director). The Board also re-appointed Mr. Jatender Kumar Mehta as Vice Chairman & MD, Mr. Devashish Mehta as MD, Mr. Tavinder Singh as Whole-Time Director, and Mr. Ram Kumar Chugh as Independent Director, while Mrs. Sakshi Kaura moved from Managing Director to Non-Executive, Non-Independent Director. Cost Auditors and Secretarial Auditors were also re-appointed/appointed.
Positive quarterly revenue growth and a 25% dividend signal steady operations and shareholder returns. The CFO transition is a structural reshuffle rather than a sudden exit, as the outgoing CFO retains the MD role, so it should be viewed as routine. No red flags on governance or auditor resignations.