Tokyo Plast International Limited has informed the Exchange about change in Management
TOKYOPLAST · price
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The board, at its May 16, 2025 meeting, approved audited financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations rose to Rs. 7,247.43 lakhs from Rs. 6,636.61 lakhs in the previous year, while standalone profit after tax improved to Rs. 132.41 lakhs from Rs. 100.28 lakhs, lifting EPS to Rs. 1.39 (from Rs. 1.06). On a consolidated basis, the company swung back to a profit of Rs. 131.41 lakhs from a loss of Rs. 12.45 lakhs in the prior year. The board also appointed Mr. Virendra Bhatt as Secretarial Auditor for five years (FY 2025-26 to 2029-30), M/s RCK & Co. as Internal Auditor for FY 2025-26, and Ms. Sonal Gandhi as the new Company Secretary & Compliance Officer. Statutory auditors M/s U B G & Company issued an unqualified (unmodified) opinion on the results. Managing Director Velji Lakhdir Shah continues in his role.
The headline 'change in management' is driven by new governance and KMP appointments rather than resignations, suggesting continuity at the top. Investors may view the results positively given revenue and profit growth and a clean audit opinion, but the document does not signal any negative governance events.