StockWatch
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Commodity Chemicals
Board Meeting14 Aug 2026, 07:28 pm

POCL Enterprises Board Approves Financial Results and Director Re-appointments

AI Summary

POCL Enterprises Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the Un-audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026. The board also approved the re-appointment of several directors, including Mr. Sunil Kumar Bansal and Mr. Devakar Bansal as Managing Directors, and Mr. Harsh Bansal and Mr. Amber Bansal as Whole-time Directors, all for a term of three years commencing April 1, 2027. Mr. Shyam Sunder Tikmani was re-appointed as an Independent Director for a second term. Additionally, the company approved the appointment of Mr. K. R. Vivekanandan as Cost Auditor and M/s. A.K. Lunawath & Associates as Internal Auditor for FY 2026-27. The resignation of statutory auditors, M/s. CNGSN & Associates LLP, was accepted due to remuneration issues.

Key Highlights

  • Approved Q1 FY27 Un-audited Financial Results.
  • Re-appointed key directors for three-year terms.
  • Appointed Cost Auditor and Internal Auditor for FY 2026-27.
  • Accepted resignation of Statutory Auditors due to remuneration.
  • Ensured directors meet regulatory criteria for re-appointment.