
Board Meeting6 Aug 2026, 05:50 pm
Vivid Global Board Approves Unaudited Q1 FY27 Results, Reappoints MD
AI Summary
Vivid Global Industries Ltd held a Board of Directors meeting on August 6, 2026. The board approved the unaudited standalone financial results for the quarter ended June 30, 2026. Key decisions included the re-appointment of Mr. Sumish S. Mody as Managing Director for a five-year term, subject to member approval. The company also recommended the re-appointment of Mr. Miten Sudhir Mody as Director. The 39th Annual General Meeting (AGM) is scheduled for September 29, 2026, with the register of members closing from September 23-29, 2026. The board also approved the Director's Report, Secretarial Audit Report, and payment of managerial remuneration exceeding 11% of net profits.
Key Highlights
- Unaudited standalone financial results for Q1 FY27 declared.
- Re-appointment of MD approved for a five-year term.
- 39th AGM scheduled for September 29, 2026.
- Register of Members to close from September 23-29, 2026.
- Managerial remuneration exceeding 11% of net profits approved.
Price Impact
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