VGUARDNSEV-Guard Industries Limited· Electronics - IndustrialMediumNeutral
Announced Tue, 12 May · 14:23 IST

V-Guard Industries Limited has informed the Exchange regarding Appointment of Ms Usha Sunny as Non- Executive Independent Director of the company w.e.f. May 12, 2026.

Management Changes View source PDF

VGUARD · price

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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹332.75
prior close
₹327.65
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AI summary

V-Guard Industries reported strong FY2026 results with standalone profit of ₹259.37 crore (up from ₹260.22 crore) and consolidated profit of ₹308.33 crore. The Board appointed Ms. Usha Sunny as Additional Director in the capacity of Non-Executive Independent Director for a 5-year term from May 12, 2026, subject to shareholder approval at the AGM. The company allotted 87,239 equity shares to 8 employees under ESOS 2013. Auditors were re-appointed for FY2026-27. The Board recommended a final dividend of ₹1.50 per share (150%) for FY2025-26, payable by September 9, 2026. The 30th AGM is scheduled for August 11, 2026.

Likely market impact

Positive for shareholders with strong profit growth, increased dividend payout, and enhanced board independence through new independent director appointment. The ESOS allotment aligns employee interests with shareholders.