Please find the attached Outcome of Board Meeting for appointment of Secretarial Auditor
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Yogi Limited held its Board meeting on May 15, 2026 approving audited financial results for Q4 and FY ended March 31, 2026. The company reported consolidated revenue from operations of Rs. 43,945.07 lakh for FY2026, a massive jump from Rs. 11,107.20 lakh in the previous year. Net profit after tax stood at Rs. 2,117.51 lakh compared to just Rs. 145.55 lakh last year, representing over 1,350% PAT growth. The Board recommended a maiden dividend of Rs. 0.25 per equity share (2.5% on Rs. 10 face value). Key governance changes include appointment of new Internal and Secretarial Auditors, constitution of CSR Committee, and approval to incorporate a Wholly Owned Subsidiary named 'Yogi Seva Foundation'. Material Related Party Transactions with 6 entities were disclosed with a combined limit of Rs. 1,100 crore per annum. Statutory auditors issued an unmodified (clean) opinion on the financial results.
The stock should see positive sentiment given exceptional revenue growth of nearly 300% and PAT growth exceeding 1,350% year-on-year, along with the maiden dividend declaration and clean audit opinion. However, the large related party transaction exposure and significant borrowings may warrant investor scrutiny.