Please find enclosed the intimation regarding the appointment of Secretarial Auditors of the Company for an audit period of five (5) consecutive years commencing from financial year 2025-26 ....
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The Board approved audited financial results for Q4 and FY ended March 31, 2025, with an unmodified opinion from Deloitte Haskins & Sells. Revenue from operations grew modestly to ₹20,841.38 lakhs (FY24: ₹20,069.97 lakhs), while net profit rose about 14.5% to ₹3,598.22 lakhs (FY24: ₹3,143.34 lakhs), and EPS improved to ₹3.95 from ₹3.45. A dividend of ₹2 per share (20%) was recommended with a record date of July 15, 2025 and AGM scheduled for July 30, 2025. Mr. B. Santhanam resigned as Non-Executive Director upon his superannuation from the Saint-Gobain Group, and Mr. Sreedhar Natarajan (currently Group CFO of Saint-Gobain, appointed CEO Asia-Pacific and CEO Saint-Gobain India) was appointed as Additional Non-Executive Director. Mr. Senthil Nathan Seetharama Gurukkal was appointed as the new CFO following the resignation of Mr. Jeyendran Jayaseelan. V N Deodhar & Co was appointed as Secretarial Auditor for five years from FY25-26 to FY29-30.
The changes reflect a planned leadership transition tied to senior retirements within the Saint-Gobain Group rather than any governance concerns; steady profit growth and a 20% dividend are supportive signals for shareholders, with continuity assured as the incoming director and CFO are internal group executives.