Board Meeting3 Aug 2026, 01:57 pm
S V Global Mill Ltd Board Approves Unaudited Financial Results
AI Summary
S V Global Mill Ltd announced that its Board of Directors, in a meeting held on August 03, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. The Board also accepted the resignation of Sri. B. Parameswar as Chief Financial Officer, effective August 03, 2026. Additionally, the Board was updated on the company's ongoing case for additional compensation related to the compulsory acquisition of land by the Karnataka Government, which has been referred back to the High Court of Karnataka.
Key Highlights
- Board approved Unaudited Standalone and Consolidated Financial Results for Q1 FY27.
- Limited Review Report for the period ended June 30, 2026, was also approved.
- Resignation of CFO, Sri. B. Parameswar, accepted effective August 03, 2026.
- Update provided on land compensation case with Karnataka Government.
- Company operates in a single segment: Real Estate Development.
Price Impact
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