SANGHVIMOVBSESanghvi Movers LtdMediumNeutral
Announced Wed, 20 May · 15:50 IST

Reappointment of Statutory Auditors

Management Changes View source PDF

SANGHVIMOV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Sanghvi Movers Limited's Board meeting on May 20, 2026 approved audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue from operations grew 24.5% to Rs. 67,350.73 lakhs (PY: Rs. 54,094.82 lakhs), while consolidated revenue rose 36.9% to Rs. 1,07,044.78 lakhs. Standalone profit after tax increased to Rs. 15,863.65 lakhs (PY: Rs. 12,761.72 lakhs). The Board recommended a final dividend of Rs. 2 per equity share (200% on face value of Rs. 1), subject to shareholder approval at the ensuing AGM. MSKA & Associates LLP was reappointed as Statutory Auditors for a second term of 5 consecutive years from the 37th AGM till the 42nd AGM. The auditors issued an unmodified opinion on both standalone and consolidated financial statements.

Likely market impact

Strong financial performance with double-digit revenue and profit growth. Reappointment of existing auditors and dividend recommendation signal stable corporate governance. No red flags in this filing.