Audited Financial Results for company for the quater and year ended 31/03/2026 alongwith audit report and declaration of unmodified opion and as per letter attached
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Remi Edelstahl Tubulars reported FY26 revenue of Rs 14,162.20L (vs Rs 13,856.25L in FY25) and net profit of Rs 274.25L, up 2.6% YoY. Q4 revenue was Rs 4,744.05L with net profit of Rs 111.11L. The auditor issued an unmodified (clean) opinion. Key governance change: Shri Mahabir Prasad Sharma resigned as Independent Director effective June 1, 2026 citing health issues. Shri Ankur Mehta (47), a commerce graduate with 28 years of experience across manufacturing, exports and healthcare, has been appointed as Non-Executive Independent Director for a 5-year term from June 1, 2026, subject to shareholder approval. The company raised Rs 14.62 crores via preferential issue in October 2025 with no deviation in utilization. The company is implementing an Ultra High Purity tubes project for the semiconductor sector under ISM 2.0.
The company posted modest profit growth with clean audit. The director change is routine succession with no governance concerns — Ankur Mehta has no related party connections. No immediate share price impact expected from these announcements.