Vidya Wires Limited has informed the Exchange regarding Resignation of Mr Alpesh as Company Secretary & Compliance Officer of the company w.e.f. May 12, 2026.
VIDYAWIRES · price
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Vidya Wires Limited's Board accepted the resignation of Mr. Alpesh Makwana from the post of Company Secretary & Compliance Officer with effect from closing business hours on May 12, 2026. The Board also approved the audited standalone and consolidated financial results for Q4 and year ended March 31, 2026. Standalone revenue from operations grew to Rs 18,297.09 million from Rs 14,791.19 million year-over-year, while profit after tax increased to Rs 600.96 million from Rs 410.54 million. EPS for the year stands at Rs 2.82. The company listed on BSE and NSE in December 2025 through an IPO raising Rs 3,000.05 million. The updated KMP list now includes Shyamsundar Rathi (Chairman & WTD), Shailesh Rathi (MD), and Naveen Pachisia (CFO).
The resignation of the Company Secretary & Compliance Officer represents a key managerial personnel change. While the company has a functioning board with three KMPs remaining, investors should monitor for timely appointment of a replacement to ensure compliance obligations are met. The underlying business showed strong growth with 42% YoY revenue increase.