Vakrangee Limited has informed the Exchange regarding Board meeting held on July 25, 2025.
VAKRANGEE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vakrangee Limited's board, at its July 25, 2025 meeting, approved Q1 FY26 unaudited results showing a strong rebound. On a standalone basis, profit after tax rose to Rs. 294.07 lakhs from Rs. 199.15 lakhs in Q1 FY25 (up ~48%), while revenue grew modestly to Rs. 4,744.59 lakhs. On a consolidated basis, PAT jumped to Rs. 331.90 lakhs (from Rs. 223.47 lakhs) and revenue climbed to Rs. 6,883.83 lakhs. The board also proposed consolidating 10 equity shares of Rs. 1 face value into 1 share of Rs. 10, subject to shareholder and NCLT approval, aimed at improving liquidity. Additionally, the board appointed a new Secretarial Auditor and a new Independent Director, and re-appointed an existing Independent Director for a second five-year term.
The Q1 results show a significant ~48% jump in profit on both standalone and consolidated bases, which is positive for shareholders. The proposed 10:1 share consolidation will reduce the total share count to about 10.83 crore shares and may improve the stock's trading liquidity and per-share price optics, though it does not change the overall value of holdings. Director changes and auditor appointments are routine governance items.