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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board has approved appointment of Shri Ankur Mehta (47, DIN: 02590984) as Non-Executive Independent Director effective June 1, 2026, for a term of 5 years subject to shareholder approval. He is a commerce graduate with 28+ years of experience across manufacturing, exports, healthcare, and infrastructure sectors. He replaces Shri Mahabir Prasad Sharma who resigned effective June 1, 2026 due to health issues. The resignation letter confirms no material reasons other than health. The company also reported Q4 FY26 revenue of Rs. 4,744.05 Lakhs and full-year net profit of Rs. 274.25 Lakhs, up from Rs. 267.19 Lakhs in FY25. Auditors Sundarlal, Desai & Kanodia issued an unmodified opinion. No deviation reported in use of Rs. 14.62 Crores raised via preferential issue.
The one-for-one replacement of an independent director suggests routine board refreshment rather than governance concerns. Shareholders will vote on the appointment. The company's profit growth remains modest despite significant revenue scale.