Re-appointment of Whole Time Director
XCHANGING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Xchanging Solutions Limited held a Board meeting on May 21, 2026, approving the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Consolidated revenue grew to Rs 20,292 lakhs (up 9.7% YoY) with net profit of Rs 5,945 lakhs (up 19.9% YoY). Standalone revenue was Rs 4,105 lakhs with net profit of Rs 3,697 lakhs (up 88.7% YoY). The Board recommended a final dividend of INR 2 per equity share (20% on face value Rs 10), totaling Rs 2,228 lakhs, subject to shareholder approval at the AGM. Record date is August 14, 2026. Additionally, Mr. Shrenik Kumar Champalal (DIN: 08099410) was re-appointed as Whole Time Director for a 3-year term from March 31, 2027 to March 30, 2030, and Walker Chandiok & Co LLP was appointed as the new statutory auditor replacing Deloitte Haskins & Sells. Statutory auditors issued an unmodified opinion on all financials.
Strong financial performance with double-digit revenue and profit growth reflects operational strength. The re-appointment of the Whole Time Director provides leadership continuity. The dividend payout signals confidence in cash generation. No immediate concerns for shareholders.