Board Meeting12 Aug 2026, 07:31 pm
Delta Manufacturing Board Approves Un-audited Q1 FY27 Results
AI Summary
Delta Manufacturing Ltd held its Board Meeting on August 12, 2026, where they approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. The Board also approved a revised remuneration package for Dr. Ram H. Shroff, Managing Director and Executive Vice Chairman, subject to shareholder approval at the upcoming AGM. Additionally, the Board recommended the continuation of Mr. Aurobind Patel's directorship and approved the reclassification of Mr. Chand Arora from Promoter Group to Public Category, pending regulatory approvals. The Annual General Meeting is scheduled for September 30, 2026.
Key Highlights
- Approved Un-audited Financial Results for Q1 FY27 (Standalone & Consolidated).
- Revised remuneration for MD & Executive Vice Chairman approved.
- Shareholder approval sought for MD's remuneration revision.
- Recommended continuation of Independent Director's tenure.
- Approved promoter reclassification pending regulatory nod.
Price Impact
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