
Quarterly Result28 May 2026, 11:40 pm
Simplex Castings Q4 FY26 Results, Director Changes & 1:5 Stock Split
AI Summary
Simplex Castings Ltd. announced its Q4 and FY2026 audited financial results. The board approved a 1:5 stock split, converting one equity share of face value ₹10 into five shares of face value ₹2 each, subject to shareholder approval. Key management changes include Mr. Avinash Hariharno's appointment as Whole-Time Director, ceasing his CFO role, and Mr. Rajesh Kumar Acharya's appointment as the new Chief Financial Officer. Mr. Palash Singhania was also appointed as an Additional Non-Executive Independent Director. The company reappointed M/s Sashi Ranjan & Co. as Cost Auditor for FY2026-27.
Key Highlights
- Declared audited financial results for Q4 and FY2026.
- Approved 1:5 stock split (₹10 to ₹2 face value), subject to shareholder approval.
- Avinash Hariharno appointed Whole-Time Director; ceases CFO role.
- Rajesh Kumar Acharya appointed as the new Chief Financial Officer.
- Palash Singhania appointed as Additional Independent Director.
Price Impact
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