Simplex Castings Board Approves 1:5 Stock Split, Q4 FY26 Results

Simplex Castings' Board of Directors, in a meeting on May 28, 2026, approved a 1:5 stock split, converting one equity share of ₹10 into five shares of ₹2 each, subject to shareholder approval. The board also approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion. Additionally, the company announced several management changes, including the appointment of Mr. Palash Singhania as an Independent Director and Mr. Avinash Hariharno as a Whole-Time Director, who will cease his role as CFO. Mr. Rajesh Kumar Acharya was appointed as the new Chief Financial Officer. The reappointment of M/s Sashi Ranjan & Co. as Cost Auditor for FY 2026-27 was also approved. The record date for the stock split will be announced post-shareholder approval.