Board of Directors approved the incorporation of wholly owned subsidiary of the Company.
KISSHT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
OnEMI Technology Solutions Ltd (KISSHT) held its Board meeting on May 27, 2026, and approved three key items: (1) Audited Financial Results for Q4 and FY ended March 31, 2026 — Consolidated total income of Rs. 22,091.29 million (up 63% YoY) and profit after tax of Rs. 2,814.52 million (up 75% YoY); (2) Postal Ballot Notice for amendment and ratification of Employee Stock Option Plans (2019, 2021, 2022) including extension of grants to subsidiary and associate company employees; (3) Incorporation and investment in a wholly owned subsidiary under the Companies Act, 2013. The company also disclosed it completed its IPO (listed on NSE and BSE on May 8, 2026), increasing paid-up capital to Rs. 168.48 million. Standalone revenue for FY26 was Rs. 6,981.74 million with PAT of Rs. 1,441.24 million. The auditors issued unmodified opinions on both standalone and consolidated financial statements.
Strong financial growth with PAT up 75% YoY demonstrates operational momentum post-IPO. The WOS incorporation signals potential restructuring or new business line creation, which could create long-term value but involves near-term investment outflows. ESOP ratification maintains talent retention as the company scales.