Corporate Governance21 May 2026, 06:51 pm
IVP Ltd: Independent Directors Re-appointed for 5 Years
AI Summary
IVP Ltd's Board of Directors has approved the re-appointment of Mr. Ranjeev Ugamraj Lodha and Ms. Mala Arun Todarwal as Independent Directors for a second term of 5 years, effective from July 28, 2026, and June 11, 2026, respectively, subject to shareholder approval. The board also approved audited financial results, a 15% dividend (₹1.5 per share), re-appointment of M/s. Rajendra & Co as Statutory Auditors, and appointment of M/s. Kishore Bhatia & Associates as Cost Auditors for FY 2026-27.
Key Highlights
- Mr. Ranjeev Ugamraj Lodha re-appointed as Independent Director effective July 28, 2026.
- Ms. Mala Arun Todarwal re-appointed as Independent Director effective June 11, 2026.
- Board recommends a final dividend of 15% (₹1.5 per share) for FY 2026.
- M/s. Rajendra & Co re-appointed as Statutory Auditors for five years.
- M/s. Kishore Bhatia & Associates appointed as Cost Auditors for FY 2026-27.
Price Impact
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