Quarterly Result6 Aug 2026, 02:52 pm
Savita Oil Technologies Declares Q1 FY27 Unaudited Results, Appoints Joint MD
AI Summary
Savita Oil Technologies Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the appointment of Mr. Siddharth G. Mehra as Joint Managing Director for five years, effective October 1, 2026, subject to shareholder approval. Mr. Mehra is the son of the current Managing Director, Mr. Gautam N. Mehra. The company's statutory auditors, M/s. G. D. Apte & Company, have issued a limited review report on the financial results.
Key Highlights
- Unaudited standalone and consolidated financial results for Q1 FY27 declared.
- Mr. Siddharth G. Mehra appointed Joint Managing Director for 5 years.
- Appointment is effective from October 1, 2026, pending shareholder approval.
- Mr. Mehra is son of Managing Director, Mr. Gautam N. Mehra.
- Limited review report issued by statutory auditors.
Price Impact
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