Re-appointment of Mr. Rupinder Goel for second term as an Independent Director
SUBEXLTD · price
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Subex Limited's Board of Directors met on May 12, 2026 and approved two key items: (1) the audited standalone and consolidated financial results for Q4 and full year ended March 31, 2026, and (2) the re-appointment of Mr. Rupinder Goel (DIN: 02693178) as Independent Director for a second term of 3 years from August 8, 2026 to August 7, 2029, subject to shareholder approval. The company reported strong financial turnaround with consolidated revenue of ₹27,906 lakhs for FY26, EBITDA of ₹2,878 lakhs (up over 4x from ₹645 lakhs in FY25), and profit after tax of ₹2,853 lakhs compared to a loss of ₹3,144 lakhs in the previous year. The statutory auditors MSKC & Associates LLP issued an unmodified opinion on the financial results.
The re-appointment of Mr. Rupinder Goel as Independent Director maintains board continuity and governance stability. The company's strong financial turnaround with 4x EBITDA growth and return to profitability signals operational discipline, which is positive for shareholders.