BSESJ Corporation LtdHighNeutral
Announced Thu, 13 Aug, 2026 · 20:41 IST
Q1 results, new CEO and Chairperson, director exits, land sale to promoter
Multiple independent directors resignedPromoter family joins the boardManagement Changes View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY27 results. Standalone revenue Rs 117.83 lakh, net profit Rs 4.30 lakh vs Rs 29.91 lakh YoY. Consolidated revenue Rs 5,543 lakh (boosted by Fishfa Rubbers subsidiary), net profit Rs 154 lakh. Promoter Prashant Kalavadia appointed as CEO; Umang Savani as Chairperson. Two independent directors resigned citing pre-occupation. Auditor SDBA & Co. exited on tenure expiry; Finava & Associates appointed for 5 years. Land sale of Rs 1.41 crore to existing promoter approved (related party, at arm's length).
Likely market impact
Promoter family expands control with CEO and Chairperson roles. Auditor change routine. Related-party land sale small at Rs 1.41 crore. Await shareholder approval.