StockWatch
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Auto Components & Equipments
Board Meeting7 Aug 2026, 07:20 pm

Subros Ltd Board Approves Unaudited Financial Results for Q1 FY27

AI Summary

Subros Ltd announced that its Board of Directors, in a meeting held on August 7, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results are available in both standalone and consolidated formats, accompanied by a limited review report. Additionally, the board approved the appointment of Mr. Akihiro Deguchi as a Nominee Director representing M/s DENSO Corporation, Japan, effective August 7, 2026, following the resignation of Mr. Tomoaki Yoshimori. The company also executed a Technical Assistance Agreement with DENSO Corporation and Toyota Industries Corporation for the localization of Electric Compressors at its Gujarat facility, a move aimed at promoting local products in the electric mobility sector.

Key Highlights

  • Board approved unaudited financial results for Q1 FY27.
  • Results are available in standalone and consolidated formats.
  • Mr. Akihiro Deguchi appointed as Nominee Director.
  • Technical Assistance Agreement signed for Electric Compressors.
  • Focus on localization and electric mobility products.