Xchanging Solutions Limited has informed the Exchange regarding Appointment of Mr. Shrenik Kumar Champalal as Executive Director of the company w.e.f. March 31, 2027.
XCHANGING · price
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Xchanging Solutions Limited held its Board meeting on May 21, 2026, approving audited financial results for FY2026. Standalone profit grew 89% year-on-year to Rs. 3,697 lakhs on revenue of Rs. 4,105 lakhs. Consolidated profit rose 20% to Rs. 5,945 lakhs on revenue of Rs. 20,292 lakhs. The Board recommended a final dividend of INR 2 per share (20% on face value), with record date August 14, 2026. Mr. Shrenik Kumar Champalal was re-appointed as Whole Time Director (Executive Director) from March 31, 2027 for three years, subject to shareholder approval. The company also approved changing statutory auditors from Deloitte Haskins & Sells to Walker Chandiok & Co LLP for a 5-year term commencing from the 25th AGM.
The company delivered strong double-digit profit growth on both standalone and consolidated basis, signaling operational strength. The dividend and auditor change are routine corporate actions with no immediate shareholder impact.