Salzer Electronics Limited has informed the Exchange about change in Management - Re-appointment of Independent directors
SALZERELEC · price
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Salzer Electronics Limited held its Board Meeting on May 23, 2026, approving audited financial results for Q4 and FY2026. Standalone revenue from operations for the year stood at Rs. 1,71,519.37 lakhs (up from Rs. 1,38,292.59 lakhs in FY2025), with Profit After Tax of Rs. 5,383.21 lakhs compared to Rs. 6,225.83 lakhs in the previous year. Consolidated revenue was Rs. 1,75,837.96 lakhs with PAT of Rs. 5,377.31 lakhs. The Board recommended a dividend of Rs. 2.50 per equity share (25%) for FY2025-26, payable to shareholders on record date August 28, 2026. Two Independent Directors - Mrs. Priya Bhansali and Mr. Sharat Chandra Bhargava - were re-appointed for a second term of five years each, effective August 07, 2026, subject to shareholder approval.
Positive signal for shareholders as the company reported revenue growth of about 24% year-on-year and declared a dividend. The re-appointment of both Independent Directors ensures continuity in board governance and compliance, which is beneficial for investor confidence.