Board Meeting30 May 2026, 07:43 pm
Titan Intech Board Approves FY26 Audited Results, HK Subsidiary
AI Summary
The Board of Directors of Titan Intech Ltd approved the audited financial results for the quarter and financial year ended March 31, 2026. They also approved the capitalization of ₹41.81 crores in R&D expenditure for 3D display and AI technologies. Additionally, the board approved the incorporation of a wholly-owned subsidiary, Titan Intech (HK) Limited, in Hong Kong to expand its presence in the Asia-Pacific region. The resignation of Mr. Sunil Ghanathe as Director was also noted.
Key Highlights
- Audited financial results for FY26 approved by the board.
- ₹41.81 Cr R&D expenditure capitalized for 3D display and AI technologies.
- Wholly-owned subsidiary, Titan Intech (HK) Limited, to be incorporated 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.
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