StockWatch
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Glass - Consumer
Board Meeting19 May 2026, 08:51 pm

Borosil Ltd Approves FY26 Audited Results, Auditor Re-appointment

AI Summary

Borosil Ltd's Board of Directors approved the audited financial results (standalone & consolidated) for the quarter and year ended March 31, 2026. They also approved the re-appointment of M/s. Chaturvedi & Shah LLP as Statutory Auditors for a second term of 5 years, subject to shareholder approval. Mr. Bhaunik Shah was appointed as Company Secretary and Compliance Officer, effective May 19, 2026. The board also approved seeking shareholder approval to raise funds up to ₹250 crores through various modes and considered amendments to the Employee Stock Option Scheme 2020.

Key Highlights

  • Audited financial results (standalone & consolidated) for FY26 approved with unmodified audit opinion.
  • Chaturvedi & Shah LLP re-appointed as Statutory Auditors for 5 years, subject to shareholder approval.
  • Bhaunik Shah appointed as Company Secretary and Compliance Officer.
  • Board to seek shareholder approval for raising funds up to ₹250 crores.
  • Employee Stock Option Scheme 2020 to be amended, subject to shareholder approval.