Board Meeting12 Aug 2026, 07:30 pm
Delta Manufacturing Board Approves Unaudited Results, Remuneration Hike
AI Summary
Delta Manufacturing Ltd's Board of Directors convened on August 12, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026. The board also approved a remuneration increase for Managing Director Dr. Ram H. Shroff, subject to shareholder approval at the upcoming AGM. Additionally, the board recommended the continuation of Mr. Aurobind Patel's directorship and approved Mr. Chand Arora's reclassification 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 approved.
- Continuation of Independent Director Mr. Aurobind Patel recommended.
- Reclassification of Mr. Chand Arora from Promoter to Public approved.
- AGM scheduled for September 30, 2026.
Price Impact
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