Key Decisions and Approvals
The Board of Directors meeting was held on June 6, 2026, at the company's registered office (4th Floor, Vaghela Avenue, Near Havmor Restaurant, Navrangpura, Ahmedabad-380009). The meeting commenced at 6:00 PM and concluded at 6:30 PM.
Three main items were transacted:
1. Approval of Financial Results: The Board approved the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, along with the Audit Report issued by the Statutory Auditor. The Statement of Deviation/Variation Report as required under Regulation 32 of SEBI (LODR) Regulations, 2015 was also approved.
2. Dividend Recommendation: The Board recommended a Final Dividend on equity shares at 2% on equity shares of ₹1/- each, amounting to ₹0.02 per share. This dividend recommendation is subject to approval by shareholders in the ensuing general meeting of the company.
3. Appointment of Internal Auditor: The Board appointed M/s Kiran Bulchandani & Associates (Firm Registration No. 161454W), Chartered Accountants, as the Internal Auditor of the Company for the financial year 2026-27.
Details of Internal Auditor Appointment
- Firm Name: M/s Kiran Bulchandani & Associates
- Firm Registration Number: 161454W
- Reason for Change: Appointment (new appointment)
- Date of Appointment: June 6, 2026
- Term of Appointment: For the Internal Audit Report for FY 2026-27
- Brief Profile: Practicing Chartered Accountant
- Disclosure of relations between Director: Not Applicable (NA)