StockWatch
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Other Industrial Products
Quarterly Result28 May 2026, 11:43 pm

Simplex Castings: Q4 FY26 Results, 1:5 Stock Split, New CFO Appointed

AI Summary

Simplex Castings Ltd. announced key outcomes from its board meeting on May 28, 2026. The board approved the audited financial results for Q4 and the full year ended March 31, 2026, reporting Q4 FY26 revenue from operations of ₹5,476.28 lakhs and FY26 revenue of ₹20,290.29 lakhs. A significant corporate action approved was a 1:5 stock split, changing the face value of equity shares from ₹10 to ₹2, subject to shareholder approval. Management changes include the appointment of Mr. Rajesh Kumar Acharya as the new Chief Financial Officer. Mr. Avinash Hariharno transitioned from CFO to Additional Director designated as Whole Time Director, and Mr. Palash Singhania was appointed as an Additional Director (Non-Executive Independent).

Key Highlights

  • Board approved audited Q4 and FY26 financial results.
  • Company announced a 1:5 stock split, changing face value from ₹10 to ₹2.
  • Mr. Rajesh Kumar Acharya appointed as the new Chief Financial Officer.
  • Mr. Avinash Hariharno transitioned to Whole Time Director.
  • New Non-Executive Independent Director, Mr. Palash Singhania, appointed.