Re-appointment of Mr. Rupinder Goel for second term as an Independent Director of the company
SUBEXLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Subex Limited's Board approved the re-appointment of Mr. Rupinder Goel as Independent Director for a second term of three years from August 8, 2026 to August 7, 2029, subject to shareholder approval. The filing also includes audited Q4 and full year FY26 financial results showing strong operational turnaround - standalone PAT improved from loss of Rs 4,978 lakhs to profit of Rs 586 lakhs, while consolidated PAT improved from loss of Rs 3,144 lakhs to profit of Rs 2,853 lakhs. EBITDA grew over 4x to Rs 28.8 crores with margins expanding from 2% to 10%. The company also disclosed new labour code impact of Rs 448 lakhs as exceptional item.
This is a routine governance matter confirming continuity of an experienced independent director with strong telecom and digital transformation background. The strong financial turnaround from losses to profitability in FY26 is positive for shareholders, though revenue remained slightly below prior year levels.