Board Meeting Details
The Board of Directors meeting was held on Thursday, July 30, 2026 at 17:00 IST through Video Conferencing/Other Audio Visual Mode. The meeting commenced at 17:00 IST and concluded at 17:30 IST.
Key Approvals and Decisions
1. Financial Results Approval
The Board approved the Un-audited Financial Results (Standalone and Consolidated) of the Company for the First Quarter and Three Months ended 30th June, 2026 of the Current Financial Year 2026-27 as recommended by the Audit Committee along with Limited Review Report of the Statutory Auditors, M/s Ambalal Patel & Co., Chartered Accountants, Ahmedabad.
2. Dividend Declaration
The Board recommended a Final Dividend of ₹2.01 per equity share (5%) for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing 32nd Annual General Meeting.
3. Director Re-appointments
- Recommended re-appointment of Mr. VIPUL HARIDAS THAKKAR (DIN: 00169558) as Whole Time Director
- Recommended re-appointment of Mr. MINESH VINODCHANDRA DOSHI (DIN: 00306106) as Whole Time Director
- Re-appointed Mr. PIYUSHKUMAR MITHILESHKUMAR SINHA (DIN: 00484132) as Independent Director for a second term of five years from 12th August, 2026 to 11th August, 2031
4. Investment Approval
Approved investment of up to ₹10.00 Crores under section 186 of Companies Act, 2013.
5. Annual General Meeting
Scheduled the 32nd Annual General Meeting for Monday, 24th August, 2026 through Video Conferencing facility. Remote e-voting period will commence from Friday, 21st August, 2026 at 09:00 AM to Sunday, 23rd August, 2026 at 05:00 PM.
6. Record Date and Register Closure
The Register of Members and Share Transfer Book shall remain closed from Tuesday, 18th August, 2026 to Monday, 24th August, 2026 (both days inclusive) for the AGM. The Board fixed Record Date as Monday, 17th August, 2026 for determining members eligible to receive final dividend.
7. Scrutinizer Appointment
Appointed M/s. Sandip Sheth & Associates, Practicing Company Secretaries as scrutinizer for conducting e-voting at the 32nd AGM.
Financial Performance Highlights
Standalone Results (Quarter Ended 30th June, 2026)
- Total Income: ₹71.45 crore
- Total Expenses: ₹59.66 crore
- Profit Before Tax: ₹13.20 crore
- Tax Expense: ₹3.11 crore
- Net Profit for the period: ₹10.09 crore
- Basic and Diluted EPS: ₹0.80
- Paid up Equity Share Capital: ₹25.36 crore
Consolidated Results (Quarter Ended 30th June, 2026)
- Total Income: ₹76.72 crore
- Profit Before Tax: ₹13.12 crore
- Tax Expense: ₹3.12 crore
- Net Profit for the period: ₹10.01 crore (₹9.99 crore attributable to shareholders)
- Basic and Diluted EPS: ₹0.79
Segment-wise Performance (Standalone)
- Within India Revenue: ₹69.09 crore (Segment Profit: ₹14.15 crore)
- Outside India Revenue: ₹2.36 crore (Segment Loss: ₹0.09 crore)
- Total Segment Revenue: ₹71.45 crore
- Total Segment Results: ₹14.06 crore
Segment-wise Performance (Consolidated)
- Within India Revenue: ₹69.96 crore (Segment Profit: ₹14.45 crore)
- Outside India Revenue: ₹6.76 crore (Segment Profit: ₹0.17 crore)
- Total Segment Revenue: ₹76.72 crore
- Total Segment Results: ₹14.62 crore
Auditor Review
The unaudited financial results were subjected to limited review by the Statutory Auditors, M/s Ambalal Patel & Co. LLP, who expressed an unqualified opinion. The review was conducted in accordance with SRE 2410.
Subsidiary Information
The consolidated results include six subsidiaries: Silver Touch Technologies Inc., Silver Touch Technologies (UK) Limited, Silver Touch Technologies Canada Limited, Vision Autotests Private Limited, Silver Touch Autotech Private Limited, and A14Pharma Tech Limited.
Additional Documents
The Notice of 32nd AGM, Directors' Report, Management Discussion and Analysis Report, and other related documents forming part of Annual Report for FY 2025-2026 were also approved.