StockWatch
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Hotels & Resorts
Board Meeting8 Aug 2026, 07:40 pm

Savera Industries Ltd Board Approves Unaudited Q1 FY27 Results

AI Summary

Savera Industries Ltd. announced the outcome of its Board Meeting held on August 8, 2026. The Board considered and approved the unaudited standalone financial results for the quarter ended June 30, 2026, along with the Limited Review Report from the statutory auditors, which contained an unmodified opinion. Additionally, the Board approved the notice for the 57th Annual General Meeting, the Director's Report, and the Corporate Governance Report for FY 2025-2026. The meeting also saw the appointment of Mr. Karthikei Balan as an Additional Director, Non-Executive Independent Director, and noted the resignation of Mrs. Pujitha Reddy Kamineni as Non-Executive Independent Director and Chairman of the Nomination and Remuneration Committee.

Key Highlights

  • Unaudited standalone financial results for Q1 FY27 approved.
  • Statutory auditors issued an unmodified limited review report.
  • Notice for the 57th Annual General Meeting approved.
  • Mr. Karthikei Balan appointed as Non-Executive Independent Director.
  • Mrs. Pujitha Reddy Kamineni resigned as Independent Director.