Board Meeting12 Aug 2026, 07:44 pm
Delta Manufacturing Board Approves Unaudited Results, Remuneration Hike
AI Summary
Delta Manufacturing Ltd's Board of Directors convened on August 12, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. Key decisions included a recommended increase in remuneration for Managing Director Dr. Ram H. Shroff, subject to shareholder approval. The board also 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
- Unaudited financial results for Q1 FY27 approved.
- Remuneration hike for MD Dr. Ram H. Shroff recommended.
- Continuation of Non-Executive Director Mr. Aurobind Patel approved.
- Reclassification of promoter Mr. Chand Arora approved.
- AGM scheduled for September 30, 2026.
Price Impact
More from DELTAMAGNT