The Board of Directors in its meeting held today i.e. August 13, 2025 has considered and approved the appointment of Secretarial Auditor, Cost Auditor and Internal Auditor.
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Prevest Denpro's board approved Q1 FY26 (quarter ended June 30, 2025) unaudited results. Standalone revenue from operations rose ~18% year-on-year to ₹1,572.27 lakh, while net profit jumped ~27% to ₹463.42 lakh (EPS of ₹3.86 vs ₹3.04 in Q1 FY25). The company appointed three auditors for FY25-26: VNB & Company as internal auditor, NKM & Associates as secretarial auditor, and PAN & Associates as cost auditor. A final dividend of ₹1.00 per equity share (10% on face value of ₹10) has been recommended for FY25, pending shareholder approval at the 26th AGM on September 10, 2025. The board also approved a proposal to migrate the company's equity shares from the BSE SME Platform to the BSE Main Board, subject to regulatory and shareholder approvals.
Strong profit growth in Q1 FY26 indicates healthy operating momentum for shareholders. The recommended dividend reflects confidence in cash generation, while the proposed migration to the BSE Main Board could improve trading liquidity and broaden the investor base.