Prudent Corporate Advisory Services Limited has informed the Exchange regarding 'appointment of Director of the company'.
PRUDENT · price
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Prudent Corporate Advisory Services reported strong FY2026 results with standalone revenue of Rs 1,28,445 lakhs (up 29% YoY) and profit after tax of Rs 21,660 lakhs (up 38% YoY). The Board approved audited Q4 and full-year results with an unmodified audit opinion from Deloitte. The company recommended a final dividend of Rs 3.50 per share (70% on face value of Rs 5), totaling Rs 1,449.23 lakhs, subject to shareholder approval. Additionally, Mr. Chirag Ashwinkumar Shah was appointed as Non-Executive, Non-Independent Director effective July 22, 2026, pending shareholder approval. Mr. Shah has been associated with the Prudent Group since 2004 and currently serves on the board of subsidiary Gennext Insurance Broking Pvt. Ltd.
The appointment of Mr. Chirag Shah brings insurance and compliance expertise to the board, while strong financial results and dividend recommendation signal healthy business performance. The stock is likely to react positively given the earnings growth and shareholder-friendly dividend.