1. Appointment of Mr. Anil Sahu as Additional Director (Non-Executive Independent category) on the Board of the Company. 2. Appointment of Mr. Narayan Vithal Karbhase as Additional Director ....
TAALTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TAAL Enterprises' board, at its May 28, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the statutory auditor issuing an unmodified opinion. Consolidated revenue for FY25 stood at Rs. 19,931.24 lakhs (vs Rs. 19,830.59 lakhs in FY24), with consolidated profit after tax rising to Rs. 4,878.59 lakhs (vs Rs. 3,715.21 lakhs), giving a basic EPS of Rs. 156.55. Standalone profit after tax jumped to Rs. 896.23 lakhs, largely driven by Rs. 892.50 lakhs in dividend income from its subsidiary. The board declared a 1st interim dividend of Rs. 30 per share (300% on face value of Rs. 10), with record date June 6, 2025 and payment by June 27, 2025. It also appointed Mr. Anil Sahu as Independent Director and Mr. Narayan Vithal Karbhase as Non-Independent Director, both for 5-year terms, and named Mr. Anuj Nema as Secretarial Auditor for FY 2025-30. The NCLT has already approved the merger of TAAL Tech India Pvt Ltd into TAAL Enterprises.
Shareholders benefit from a generous 300% interim dividend and solid FY25 earnings growth on a consolidated basis. The NCLT-approved merger of the subsidiary should simplify the group structure, while new board appointments strengthen governance. Overall, a positive filing with rewards for shareholders and cleaner group structure going forward.