Based on the recommendation of the Nomination and Remuneration of Committee, the Board of Directors at it''s meeting held today has appointed Mr. Sreedhar Natarajan (DIN 08320482) as an ....
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Saint-Gobain Sekurit India reported its FY25 audited results on May 16, 2025, with total revenue from operations rising to ₹20,841 lakhs from ₹20,070 lakhs in FY24 (~3.8% growth). Net profit for the year grew ~15% to ₹3,598 lakhs (vs ₹3,123 lakhs), and Q4 revenue jumped to ₹5,387 lakhs from ₹4,608 lakhs a year earlier. EPS stood at ₹3.95 for FY25 (vs ₹3.43). The Board recommended a ₹2 per share dividend (20% on face value of ₹10), with record date July 15, 2025 and AGM on July 30, 2025. In board changes, Non-Executive Director B. Santhanam resigned due to superannuation from the Saint-Gobain Group. He is being replaced by Sreedhar Natarajan, currently CEO Asia-Pacific and Group CFO of Saint-Gobain, appointed as Additional Director (Non-Executive) effective May 17, 2025. The CFO, Jeyendran Jayaseelan, also stepped down, with Senthil Nathan Seetharama Gurukkal (formerly Head of Finance, Home & Hospitality) taking over as new CFO effective May 16, 2025.
Solid earnings growth and a consistent dividend are shareholder-friendly signals. The CFO exit and replacement, along with the new board appointment bringing in Saint-Gobain group leadership, are routine succession moves and unlikely to materially affect the stock in the short term.