Re-appointment of Independent Director
VSTTILLERS · price
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VST Tillers Tractors board approved re-appointment of Dr. Nandakumar Jairam as Independent Director for a second 5-year term effective June 21, 2026, subject to shareholder approval via postal ballot. The company also reported strong FY2026 results with standalone revenue of Rs. 99,455 lakhs (up from Rs. 57,255 lakhs), standalone profit after tax of Rs. 10,600 lakhs, and recommended a final dividend of Rs. 25 per share. The CFO confirmed unmodified audit opinions on both standalone and consolidated financial results. Dr. Jairam is a distinguished healthcare leader with over 40 years of experience, previously serving as Chairman and CEO of Columbia Asia Hospitals.
The re-appointment of Dr. Jairam maintains board independence and governance continuity. The strong financial performance with near doubling of revenue and healthy dividend payout signals positive fundamentals for shareholders.