Board approved Re-appointment M/S Joshi Apte & co. Statutory auditors for second term of 5 years.
SAHYADRI · price
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Sahyadri Industries Limited's Board approved FY2026 audited results with strong performance: total income grew 12.5% to Rs. 684.87 crore, net profit surged 49% to Rs. 29 crore, and EPS improved to Rs. 26.50 from Rs. 17.78. The Board recommended a final dividend of Rs. 1.5 per share for FY2025-26. Key board changes include appointment of Mr. Sunil Mahendra Suratwala as Additional Independent Director (5-year term), re-appointment of Mrs. Moushmi Shaha and Mr. Ankem Sri Prasad Mohan as Independent Directors for second terms of 5 years each. M/s Joshi Apte & Company was reappointed as Statutory Auditors for a 5-year term from the 32nd to 37th AGM. All appointments are subject to shareholder approval at the AGM.
The company demonstrated robust financial growth with nearly 50% profit increase, supporting a positive outlook for shareholders. Fresh appointment of an experienced auditor and strengthening of the board with new independent directors enhances governance standards.