Vinati Organics Limited has informed the Exchange regarding 'Appointment of Secretarial Auditors'.
VINATIORGA · price
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Awaiting price reaction for this filing.
Vinati Organics reported strong FY25 results with consolidated revenue from operations at Rs. 2,248.17 crores, up about 18% from Rs. 1,899.96 crores in FY24. Consolidated net profit grew to Rs. 405.25 crores (vs Rs. 322.98 crores), with EPS rising to Rs. 39.09 from Rs. 31.15. The Board recommended a final dividend of Rs. 7.50 per share (750% on face value of Re. 1) for FY25, subject to shareholder approval. The Board also appointed VKM & Associates as Secretarial Auditors for a first term of five years (FY26–FY30) and classified wholly owned subsidiary Veeral Organics Pvt. Ltd. as a Material Subsidiary. Statutory auditors M M Nissim & Co LLP issued an unmodified opinion on the financial results.
Strong double-digit growth in revenue and profits, along with a healthy 750% dividend, is a positive signal for shareholders. The new secretarial auditor appointment and material subsidiary classification are routine governance disclosures and not expected to materially affect the stock price.