Management Change28 Jul 2026, 06:01 pm
Chetan Patel Redesignated at Maruti Infrastructure Ltd
AI Summary
Maruti Infrastructure Ltd announced the redesignation of Mr. Chetan A Patel from Whole Time Director to Non-Executive Non-Independent Director, effective September 1, 2026, subject to member approval. The company's Board of Directors also approved the unaudited financial results for the quarter ended June 30, 2026. For the quarter, the company reported a profit after tax of ₹18.12 Lakhs on revenue from operations of ₹587.08 Lakhs. The limited review report from the auditors was also noted.
Key Highlights
- Mr. Chetan A Patel redesignated from Whole Time Director to Non-Executive Director.
- Redesignation is effective September 1, 2026, pending shareholder approval.
- Unaudited financial results for Q1 FY27 approved by the board.
- Profit after tax for Q1 FY27 stood at ₹18.12 Lakhs.
- Revenue from operations for Q1 FY27 was ₹587.08 Lakhs.
Price Impact
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