BSESky Industries Ltd-$MediumNeutral
Announced Fri, 15 May · 14:13 IST

Appointment of Directors of the Company.

Kmp ResignedManagement Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
-5.3%1-day move
₹89.90
prior close
₹88.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+1.6+0.0+0.0-5.3-4.2-5.0-4.3-4.3-4.6-7.0+1.1+6.8
Up moveDown movePending
AI summary

Sky Industries Limited held its Board Meeting on May 15, 2026, approving audited financial results for Q4 and FY2026. Standalone revenue grew to Rs 8,434.44 Lakhs from Rs 8,267.18 Lakhs, while consolidated revenue increased to Rs 8,641.32 Lakhs from Rs 8,408.83 Lakhs. However, standalone net profit declined to Rs 592.02 Lakhs from Rs 611.89 Lakhs year-on-year. The Board recommended a final dividend of Rs 1 per share (10%) for FY2026, subject to shareholder approval. Three key appointments were made: Mr. Abhishek Jain as Independent Director, Mr. Anoop Dubey as Whole Time Director (for Gujarat Plant expansion), and Mr. Prabhakar Mishra Neeraj as Senior Managerial Personnel replacing Mr. Gopalakrishnan Mani who resigned effective March 31, 2026. KSCA & Associates LLP was appointed as Internal Auditor for FY 2026-27.

Likely market impact

The company showed revenue growth but declined standalone profitability. The new director appointments, particularly for Gujarat Plant operations, signal expansion plans. The KMP replacement and clean audit opinion are positive governance indicators for shareholders.