Announced Tue, 26 May · 17:47 IST

Outcome of the Board meeting

Management Changes View source PDF

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AI summary

The Board of Raja Bahadur International Ltd met on May 26, 2026 and approved the audited financial results for Q4 and the year ended March 31, 2026 with an unmodified audit opinion. The meeting also re-appointed Mr. Shridhar Pittie as Chairman & Managing Director for three years starting June 30, 2026, subject to shareholder approval at the AGM. Additionally, the board re-appointed P G Bhagwat LLP as internal auditor and Parikh & Associates as secretarial auditor for FY 2026-27. Ms. Jigyasa Ved was appointed as scrutinizer for the upcoming AGM voting.

Likely market impact

The re-appointment of the Chairman & Managing Director ensures leadership continuity and is a routine governance item requiring shareholder confirmation. All other appointments are standard procedural approvals with no material impact on shareholders.