StockWatch
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Other Electrical Equipment
Board Meeting12 Aug 2026, 04:44 pm

Schneider Electric President Systems Declares Q1 FY27 Unaudited Results

AI Summary

Schneider Electric President Systems Limited announced that its Board of Directors, in a meeting held on August 12, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. The company also approved the appointment of Mr. Devender Kumar Sharma as the Internal Auditor for FY 2026-27, replacing Mr. Vinay Kumar Awasthi. Additionally, material related party transactions were approved, subject to shareholder consent at the upcoming Annual General Meeting. The limited review report from statutory auditors, S.N. Dhawan & Co LLP, was issued with an unmodified opinion.

Key Highlights

  • Board approved unaudited financial results for Q1 FY27.
  • Appointed new Internal Auditor for FY 2026-27.
  • Approved material related party transactions.
  • Related party transactions require shareholder approval.
  • Auditors issued an unmodified opinion on the results.