StockWatch
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Castings & Forgings
Board Meeting7 Aug 2026, 03:44 pm

Electrosteel Castings Approves Q1 FY27 Unaudited Financial Results

AI Summary

Electrosteel Castings Ltd announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The Board of Directors also approved the appointment of Mr. Rajesh Daga as the new Chief Financial Officer, effective August 11, 2026, succeeding Mr. Ashutosh Agarwal who resigned from the position of Whole-Time Director & CFO. Additionally, the company received board approval for the manufacture of various rubber products for Indian Railways, including components for LHB coaches and Vande Bharat trains, and will pursue vendor registration with Indian Railways for these products.

Key Highlights

  • Unaudited financial results for Q1 FY27 approved.
  • Mr. Rajesh Daga appointed as new CFO effective August 11, 2026.
  • Mr. Ashutosh Agarwal resigns as Whole-Time Director & CFO.
  • Board approves manufacturing of rubber products for Indian Railways.
  • Company to seek vendor registration with Indian Railways for new products.