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Other Textile Products
Quarterly Updates30 May 2026, 07:42 pm

Titan Intech Approves FY26 Results, HK Subsidiary

AI Summary

Titan Intech Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. They approved capitalization of ₹41.81 crores in R&D expenditure for 3D display and AI technologies. The company will incorporate a wholly-owned subsidiary, Titan Intech (HK) Limited, in Hong Kong to expand its presence in the Asia-Pacific region. Mr. Sunil Ghanathe resigned as Director, effective May 30, 2026.

Key Highlights

  • Audited financial results for FY26 approved by the board.
  • R&D expenditure of ₹41.81 crores capitalized for advanced display technologies.
  • Wholly-owned subsidiary, Titan Intech (HK) Limited, to be established in Hong Kong.
  • Sunil Ghanathe resigned as Director, effective May 30, 2026.
  • Total R&D expenditure capitalised as at 31st March 2026: ₹71.02 Crores.