StockWatch
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Computers Hardware & Equipments
Management Change14 Aug 2026, 03:47 pm

Vama Industries Reappoints Mrs. Vegesna Parvathi as Executive Director

AI Summary

Vama Industries Ltd announced the reappointment of Mrs. Vegesna Parvathi as Whole Time Director (Designated as Executive Director) for a period of 3 years, effective September 10, 2026. This decision was made during a Board Meeting where the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, were also approved. The company reported standalone revenue from operations of ₹45.26 Lakhs and a net loss of ₹154.45 Lakhs for the quarter. Consolidated revenue was also ₹45.26 Lakhs with a net loss of ₹154.45 Lakhs. The reappointment is subject to shareholder approval at the upcoming Annual General Meeting.

Key Highlights

  • Mrs. Vegesna Parvathi reappointed as Executive Director for 3 years.
  • Reappointment effective September 10, 2026, pending shareholder approval.
  • Board approved Q1 FY27 un-audited standalone & consolidated results.
  • Q1 FY27 standalone revenue ₹45.26 Lakhs, net loss ₹154.45 Lakhs.
  • Q1 FY27 consolidated revenue ₹45.26 Lakhs, net loss ₹154.45 Lakhs.