PI Industries Limited has informed the Exchange regarding Change in Auditors of the company.
PIIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PI Industries Limited held its Board meeting on May 19, 2026, approving audited standalone financial results for Q4 and FY2026. The company reported profit after tax of Rs 1,978 million for Q4 and Rs 14,348 million for the full year. Key leadership changes include: Mr. Rajnish Sarna resigned as Joint Managing Director and was re-designated as Non-Executive Director; Mr. Arvind Singhal will retire at the ensuing AGM (not seeking re-appointment); Ms. Lisa J Brown was designated as Lead Independent Director. The Board also approved appointment of Dr. Atul Kumar Gupta as Whole-time Director for 3 years and designated Dr. Marco Busch (Global Chief Scientific Officer) as Senior Management Personnel. A final dividend of Rs 10 per share was recommended, making total dividend for FY2026 Rs 15 per share. The auditors (Price Waterhouse Chartered Accountants LLP) issued an unmodified opinion.
Positive signals include dividend declaration and new executive appointment, though the resignation of a Joint Managing Director and retirement of another director may raise governance questions for investors.