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.
REDTAPE · price
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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.
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.