Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vruddhi Engineering Works has approved the reappointment of three family-member directors for a fresh three-year term: Mrs. Bindi Kunal Mehta as Managing Director (from March 15, 2026), Mr. Vedant Mukesh Mehta as Whole-time Director (from March 15, 2026), and Mrs. Varsha Mukesh Mehta as Whole-time Director (from July 3, 2026). Each will receive remuneration capped at Rs. 50 lakh per year (Rs. 12.5 lakh basic + Rs. 37.5 lakh perquisites). An EGM has been scheduled for March 12, 2026 to seek shareholder approval via special resolutions. The company reported FY25 total revenue of Rs. 3,183.41 lakhs and profit after tax of Rs. 149.15 lakhs, and expects ~15% growth in the coming year.
Continuity at the top with the same promoter-family leadership team — generally a stability signal, though it concentrates decision-making within one family. No material change in control or strategy is indicated; shareholders will vote on the reappointments at the March 12, 2026 EGM.