
Quarterly Result28 May 2026, 11:45 pm
Simplex Castings Q4 FY26 Results Approved; Board OKs 1:5 Split
AI Summary
Simplex Castings' Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion. The board also approved a 1:5 stock split, converting each ₹10 equity share into five ₹2 shares, subject to shareholder approval. Additionally, the board reappointed M/s Sashi Ranjan & Co. as Cost Auditor for FY2026-27 and made significant management changes, including the appointment of Mr. Palash Singhania as an Independent Director, Mr. Avinash Hariharno as Whole-Time Director, and Mr. Rajesh Kumar Acharya as the new Chief Financial Officer.
Key Highlights
- Audited financial results for Q4 and FY2026 approved with unmodified opinion.
- Board approved 1:5 stock split (₹10 to ₹2 face value) subject to shareholder consent.
- Mr. Avinash Hariharno appointed Whole-Time Director; Mr. Rajesh Kumar Acharya is new CFO.
- Mr. Palash Singhania appointed as Additional Non-Executive Independent Director.
- Cost Auditor M/s Sashi Ranjan & Co. reappointed for FY2026-27.
Price Impact
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