
Board Meeting25 May 2026, 07:12 pm
Melstar Approves Audited Financial Results, Announces Board Changes
AI Summary
Melstar Information Technologies Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board also approved the resignation of Mr. Rajnikant Patel as Non-Executive & Independent Director, appointed Ms. Ayushi Singh Bais as an Additional Director (Non-Executive & Independent), and reconstituted various committees including the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Risk Management Committee. Additionally, M/s M. N. Kholiya & Associate resigned as Internal Auditors, and M/s Saini & Saini were appointed as the new Internal Auditors.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- Rajnikant Patel resigns as Non-Executive & Independent Director.
- Ayushi Singh Bais appointed as Additional Director (Non-Executive & Independent).
- Audit, Nomination & Remuneration, Stakeholders Relationship, and Risk Management Committees reconstituted.
- Saini & Saini appointed as Internal Auditors, replacing M. N. Kholiya & Associate.
Price Impact
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