Talbros Automotive Components Limited has informed the Exchange regarding Appointment of Mr. Pratham Mittal as Non- Executive Independent Director of the company w.e.f. May 20, 2026.
TALBROAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Talbros Automotive Components held its Board meeting on 20 May 2026 approving the Q4 and full year FY26 audited financial results. Standalone net profit rose to ₹83.84 crore from ₹77.87 crore in FY25, while consolidated net profit (including joint ventures Marelli Talbros Chassis and Talbros Marugo Rubber) reached ₹104.11 crore. Revenue from operations grew to ₹870.04 crore from ₹827.05 crore. The Board declared a final dividend of ₹0.55 per share (27.5%), taking the total FY26 dividend to ₹0.75 per share, subject to shareholder approval at the AGM scheduled for 25 September 2026. Additionally, the Board appointed Mr. Pratham Mittal (DIN: 08338216), described as a systems engineer, global entrepreneur, and Shark Tank India Season 5 shark, as an Additional Director (Non-Executive Independent Director) effective 20 May 2026, with his appointment to be ratified via postal ballot by shareholders for a 5-year term.
Strong financial performance with profit growth and dividend declaration are positive signals for investors. The appointment of a high-profile entrepreneur as an independent director may bring fresh strategic perspective to the board.