Re- appointment of Internal Auditor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
QGO Finance Ltd held a Board Meeting on May 26, 2026, approving multiple items including audited financial results for FY2025-26, declaration of fourth interim dividend, and key appointments. For FY2025-26, the company reported total revenue of Rs. 1,825.55 Lakhs (up 11% from Rs. 1,642.42 Lakhs) and net profit of Rs. 337.28 Lakhs (up 10% from Rs. 306.62 Lakhs). EPS improved to Rs. 4.85 from Rs. 4.41. The Board declared a fourth interim dividend of Rs. 0.15 per share, bringing total dividend for the year to Rs. 0.60 per share. Key appointments included re-appointment of Mrs. Rachana Singi as Managing Director for five years (effective August 1, 2026, subject to shareholder approval), appointment of M/s. AVS & Associates as Secretarial Auditors, and re-appointment of M/s. Chandani Rathod & Co. as Internal Auditors for FY 2026-27. The statutory auditor issued an unmodified opinion. The company's loan book stood at Rs. 11,653.53 Lakhs as of March 31, 2026.
The company showed steady growth with 10% increase in net profit. The re-appointment of the Managing Director ensures continuity in leadership. Positive dividend declaration and clean audit opinion are shareholder-friendly. The relationship between the Managing Director and a Non-Executive Director (sisters) indicates promoter family involvement in board operations.