
Board Meeting11 Aug 2026, 05:03 pm
Oriental Rail Infrastructure Ltd Board Meeting Highlights
AI Summary
Oriental Rail Infrastructure Ltd held a Board Meeting on August 11, 2026, approving unaudited financial results for Q1 FY27. Key decisions include re-appointing Mrs. Sheetal Nagda as Independent Director, appointing Mr. Tahaa S Mithiborwala as Whole-Time Director, accepting Mr. Karim N Mithiborwala's resignation as Managing Director, and appointing Mr. Saleh N Mithiborwala as the new Managing Director. The company also fixed September 1, 2026, as the record date for a proposed final dividend of ₹0.10 per share, subject to shareholder approval. The 35th AGM is scheduled for September 8, 2026. The company reported orders in hand totaling Rs. 1,691.91 Crores.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Re-appointment of Mrs. Sheetal Nagda as Independent Director approved.
- Mr. Saleh N Mithiborwala appointed as new Managing Director.
- Resignation of Mr. Karim N Mithiborwala as MD accepted.
- AGM scheduled for September 8, 2026; record date for dividend set.
Price Impact
More from ORIRAIL