Outcome of the 01st Meeting of the Board of Directors of the Company of Financial Year 2026-2027 held on Tuesday, 26th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shradha AI Technologies Ltd held its first Board meeting for FY 2026-27 on 26 May 2026, approving audited financial results for FY 2025-26. The company reported revenue from operations of Rs. 1,885.66 Lakhs, up 27.5% from Rs. 1,479.47 Lakhs in the previous year. Profit after tax stood at Rs. 1,055.29 Lakhs compared to Rs. 970.36 Lakhs, representing growth of approximately 8.8%. EPS for the year was Rs. 1.73 per share (face value Rs. 2). The Board recommended a final dividend of Rs. 0.60 per share (30% on face value), subject to shareholder approval at the 37th AGM. Other key outcomes include appointment of Deshpande Bhalerao and Pashine as Internal Auditor for FY 2026-27 and approval of a policy on auditor-governance communication. The statutory auditors issued an unmodified opinion on the financial results.
Positive for shareholders - the company showed strong revenue growth of 27.5% year-on-year with improved profitability and has recommended a dividend payout. The stock operates on MSE (SHRAAITECH, Scrip Code: 543976). However, investors should note the significant reduction in other equity from Rs. 7,497.48 Lakhs to Rs. 5,343.52 Lakhs primarily due to mark-to-market losses on equity investments.