StockWatch
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Household Appliances
Board Meeting25 May 2026, 03:35 pm

Elin Electronics Approves FY26 Audited Results, Stock Option Cancellation

AI Summary

Elin Electronics Ltd's board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Nomination and Remuneration Committee approved the cancellation of 200,000 stock options under the 'Elin Electronics Employee Stock Option Plan 2024'. Kishore Sethia was re-designated from Director Operations to President. The re-appointment of Non-Executive Independent Directors Dr. Shanti Lal Sarnot and Shri Ashis Chandra Guha was also approved, subject to shareholder approval. Additionally, M/s. Oswal Sunil & Company was re-appointed as Internal Auditors for FY 2026-27.

Key Highlights

  • Audited standalone & consolidated financial results for FY26 approved.
  • 200,000 stock options cancelled under ESOP 2024.
  • Kishore Sethia re-designated as President of the Company.
  • Re-appointment of independent directors approved, subject to shareholder approval.
  • M/s. Oswal Sunil & Company re-appointed as Internal Auditors for FY26-27.