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Auto Components & Equipments
Board Meeting13 Aug 2026, 03:31 pm

Autoline Industries Board Approves Q1 FY27 Unaudited Results, Reappoints MD & CEO

AI Summary

Autoline Industries Ltd announced the outcome of its Board Meeting held on August 13, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Reports. Additionally, the Board approved the re-appointment of Mr. Shivaji Tukaram Akhade as Managing Director & Chief Executive Officer and Mr. Sudhir Vitthal Mungase as Whole-Time Director, both for a further term of five years effective October 1, 2026, subject to shareholder approval. The trading window for designated persons will reopen on August 16, 2026.

Key Highlights

  • Unaudited standalone and consolidated financial results for Q1 FY27 approved.
  • Mr. Shivaji Tukaram Akhade re-appointed as MD & CEO for five years.
  • Mr. Sudhir Vitthal Mungase re-appointed as Whole-Time Director for five years.
  • Re-appointments are subject to member approval at the AGM.
  • Trading window reopens on August 16, 2026.