StockWatch
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Civil Construction
Quarterly Result29 May 2026, 01:49 am

500402 Board approves Q4 & FY26 audited financial results

AI Summary

The Board of Directors of 500402, in a meeting held on May 28, 2026, approved the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026. The Auditors' Report, issued by M/s. Maheshwari & Associates, Chartered Accountants, carried an unmodified opinion on these financial statements. Additionally, the Board, based on the Nomination and Remuneration Committee's recommendation and subject to shareholder approval, approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as a Non-Executive Independent Director for a second and final term of one year, effective from June 8, 2026, to June 7, 2027.

Key Highlights

  • Board approved audited standalone and consolidated financial statements for Q4 and FY26.
  • Auditors issued an unmodified opinion on the financial results for the year ended March 31, 2026.
  • Mr. T.S. Sivashankar re-appointed as Independent Director for a second one-year term.