Muller & Phipps India Board approves Q4/FY26 results; Director resigns
Muller and Phipps India Limited's Board of Directors approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The company's independent auditors, M/s. Shankarlal Jain & Associates LLP, issued an unmodified opinion on these financial results. The Board also approved the reappointment of M/s Shankarlal Jain & Associated LLP as statutory auditors for a second term of three consecutive years, subject to shareholder approval at the upcoming Annual General Meeting. Furthermore, Mr. P V Mohan resigned from his position as Whole Time Director of the Company, effective May 31, 2026, citing other commitments and the completion of his two terms. The company reported no outstanding defaults on loans or debt securities.
Key Highlights
- Board approved Audited Financial Results for Q4 and FY26.
- Independent auditors issued an unmodified opinion on the financial results.
- Statutory auditors reappointed for a second three-year term, subject to AGM approval.
- Whole Time Director Mr. P V Mohan resigned effective May 31, 2026.
- Company reported no outstanding defaults on loans or debt securities.
Price Impact
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