
Management Change28 Jul 2026, 05:50 pm
Maruti Infrastructure Director Re-designated to Non-Executive
AI Summary
Maruti Infrastructure Ltd announced the re-designation of Mr. Chetan A Patel from Whole Time Director to Non-Executive Non-Independent Director, effective September 1, 2026, subject to member approval. This change was approved by the Board of Directors during their meeting on July 28, 2026. The board also reviewed the unaudited financial results for the quarter ended June 30, 2026, which showed a profit after tax of ₹18.12 Lakhs on revenue from operations of ₹587.08 Lakhs. The company's financial performance for the quarter indicates a modest profit, with basic and diluted EPS at ₹0.02.
Key Highlights
- Mr. Chetan A Patel re-designated from Whole Time to Non-Executive Director.
- Effective date of re-designation is September 1, 2026.
- Unaudited results for Q1 FY27 approved by the Board.
- Q1 FY27 profit after tax stands at ₹18.12 Lakhs.
- Revenue from operations for Q1 FY27 was ₹587.08 Lakhs.
Price Impact
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