T T Limited has informed the Exchange regarding Appointment of Mr Sanjay Kumar Sharma as Non- Executive Independent Director of the company w.e.f. May 21, 2026.
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T T Limited's Board meeting on May 21, 2026 approved the audited Q4 and FY26 financial results. For the year ended March 2026, total revenue declined to Rs 19,400.14 Lakhs from Rs 21,586.66 Lakhs in FY25, representing a ~10% drop. Profit after tax fell significantly to Rs 29.09 Lakhs from Rs 409.91 Lakhs in the prior year, though Q4 showed a profit of Rs 105.55 Lakhs. The Board also appointed R S Modi & Co as Internal Auditor for FY 2026-27 and Shri Sanjay Kumar Sharma as Additional Independent Director effective May 21, 2026. Additionally, the company approved incorporation of a new wholly-owned subsidiary named T T Capital Partners Limited, in which T T Limited will hold up to 99.90% stake, for investment and treasury management purposes.
The appointment of an independent director strengthens board governance. However, the significant decline in FY26 profitability and revenue may concern investors, though the Q4 improvement suggests some operational recovery. The new subsidiary plans indicate potential diversification into investment activities.