BSEVinyoflex LtdLowNeutral
Announced Mon, 4 Aug · 16:52 IST

Appointment of CS Chetan D. Shah as Secretarial Auditor of the company for the period of 5 years

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vinyoflex Ltd reported its unaudited financial results for the quarter ended June 30, 2025. Revenue from operations stood at ₹902.40 lakhs, down from ₹1,072.99 lakhs in the previous quarter and ₹1,000.25 lakhs in the same quarter last year. Net profit came in at ₹61.89 lakhs (EPS of ₹1.43), higher than the ₹43.96 lakhs in Q4 FY25 but lower than the ₹72.16 lakhs reported in Q1 FY25. The board also approved the appointment of CS Chetan D. Shah, a Practicing Company Secretary from Junagadh, as the Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. Additionally, the board noted the Secretarial Audit Report (MR-3) for the financial year ended March 31, 2025.

Likely market impact

The revenue dip year-on-year is a mild concern, though improved profitability versus the previous quarter offers some comfort. The secretarial auditor appointment is a routine compliance matter with no material impact on operations or share price.