The details of appointment of cost auditor, internal auditor and secretarial auditors are enclosed.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
POCL Enterprises reported strong Q1 FY26 results with standalone revenue of ₹37,242.92 lakhs (vs ₹36,368.98 lakhs YoY) and net profit of ₹1,164.08 lakhs, up 85% from ₹628.18 lakhs in Q1 FY25; basic EPS rose to ₹4.11 from ₹2.25. The board approved several leadership changes: Mr. Venkataraman Yerra Milli resigned as Whole-time Director (board role) and was reappointed as Executive Director – Marketing (non-board, Senior Management Personnel); Mr. Harish Kumar Lohia was appointed as Additional Non-Executive Director; and Mrs. Nupur Bansal and Mr. Sagar Bansal were appointed as Additional Whole-time Directors for a 3-year term (surname matches Managing Director Sunil Kumar Bansal, indicating promoter family entry). M/s. CNGSN & Associates LLP was appointed as new Statutory Auditor for 5 years (FY26–FY30), replacing retiring auditors M/s. Darpan & Associates. Cost, Internal, and Secretarial Auditors were also appointed, and the 37th AGM is set for September 26, 2025 with a record date of September 5, 2025 for dividend entitlement.
Sharply higher quarterly profits year-on-year reflect improving operational performance, which is positive for shareholders. The induction of Bansal-surname members as whole-time directors signals promoter family deepening on the board, something investors should watch from a governance standpoint. Statutory auditor rotation is routine and not a red flag.