REDTAPENSERedtape LimitedMediumNeutral
Announced Tue, 26 May · 14:20 IST

Redtape Limited has informed the Exchange regarding Appointment of Ms Surinder Mahajan & Associates, Internal Auditor as Other of the company w.e.f. April 01, 2026.

Management Changes View source PDF

REDTAPE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.7%1-day move
₹133.75
prior close
₹151.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.3+0.3-2.2+7.7+4.2+3.6+3.2+2.4+0.6-0.8+1.0-4.7
Up moveDown movePending
AI summary

Redtape Limited's Board Meeting on May 26, 2026 approved several items. Financially, standalone total income for FY2025-26 stood at Rs. 2,54,755 Lakhs with PAT of Rs. 24,416 Lakhs. Consolidated total income was Rs. 2,55,161 Lakhs with PAT of Rs. 24,179 Lakhs. The Board recommended a Final Dividend of Rs. 2 per equity share (face value Rs. 2) for FY2025-26, subject to shareholder approval at the ensuing AGM, with a record date of July 31, 2026. An Interim Dividend of Rs. 0.25 per share was already paid. Mr. Shashank Kumar was redesignated from Chief General Manager (Administration) to Vice-President (Administration), making him part of Senior Management Personnel effective May 26, 2026. M/s Surinder Mahajan & Associates and Mr. Arun Kumar Srivastava were re-appointed as Internal and Cost Auditors respectively for FY2026-27. Note 3 mentions an Income Tax search operation in September 2025 at premises of the Company, Directors, and employees; impact remains unascertained.

Likely market impact

Solid financial performance with near 33% rise in standalone PAT; dividend declaration and management elevation are positive signals for shareholders, though the ongoing I-T department search is a watch item.