The Board has approved appointment of Statutory Auditors subject to approval of shareholders at the ensuing Annual General Meeting
SMARTLINK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Smartlink Holdings' Board approved multiple items at its May 13, 2026 meeting. The company reported standalone net profit of Rs. 1,321.99 lakh (vs loss of Rs. 35.46 lakh prior year) on total income of Rs. 14,918.41 lakh, with consolidated net profit of Rs. 1,314.55 lakh on total income of Rs. 27,993.48 lakh. An impairment reversal of Rs. 1,288.36 lakh on investment in subsidiary Digisol Systems boosted standalone results. The Board recommended a final dividend of Rs. 2 per share (100%) for FY2026, payable after shareholder approval. New statutory auditors M S K A & Associates LLP were proposed for a 5-year term from the 33rd AGM onwards, replacing the current firm. Additionally, Ms. Arati Naik was approved for appointment as Wholetime Executive Director for 5 years from April 1, 2027.
Strong financial turnaround with return to profitability; auditor change is routine and governance-compliant; dividend and new director appointments are positive for shareholders.