Appointment of Dr. Sreenivas Rao Yellamanchali as the Chief Technology Officer (CTO) with effect from May 06, 2026.
ZENTEC · price
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Zen Technologies' Board approved appointment of Dr. Sreenivas Rao Yellamanchali as CTO effective May 6, 2026, based on Nomination and Remuneration Committee recommendation. The board also approved FY26 consolidated results showing revenue of Rs. 6,877 million (down 29% YoY), net profit of Rs. 2,179 million. The company recommended 100% dividend (Rs. 1 per share) and set August 29, 2026 as AGM date. Additionally appointed M/s NSVR & Associates as Internal Auditor and M/s M P R & Associates as Cost Auditor for FY27. The order book stands at Rs. 13,360 million as of March 31, 2026.
Appointment of new CTO could signal strategic technology focus; however no resignation signals detected. Company shows revenue decline YoY but maintains strong order book and cash position.