Board Meeting14 Aug 2026, 06:26 pm
Pratik Panels Ltd: Board Approves Financial Results, Appoints New CFO
AI Summary
Pratik Panels Ltd announced the outcome of its Board meeting held on August 14, 2026. The board approved the standalone un-audited financial results for the quarter ended June 30, 2026, along with the limited review report. Additionally, the company accepted the resignation of Mr. Swapnil Sharad Shimpi as Whole-Time Director & CFO, effective August 14, 2026. The board also approved the appointment of Mr. Jileshkumar Lagdhirbhai Desai as the new Whole-Time Director & CFO for a term of three years, subject to shareholder approval at the upcoming Annual General Meeting.
Key Highlights
- Board approved standalone un-audited financial results for Q1 FY27.
- Resignation of Whole-Time Director & CFO, Mr. Swapnil Sharad Shimpi, accepted.
- Mr. Jileshkumar Lagdhirbhai Desai appointed as new Whole-Time Director & CFO.
- New CFO appointment is for a three-year term, pending shareholder approval.
- The board meeting also included a limited review report for the financial results.
Price Impact
More from PRATIK