Zuari Industries Approves Financial Results and Acquisitions
Zuari Industries Ltd's Board of Directors met on August 13, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also re-appointed M/s T R Chadha & Co LLP as Internal Auditor and Mr. Somnath Mukherjee as Cost Auditor for FY 2026-27. Significant strategic moves include the approval to acquire equity shares of Texmaco Infrastructure & Holdings Limited for up to ₹150 Crore and Zuari Agro Chemicals Limited for up to ₹30 Crore, both from wholly-owned subsidiaries. The board meeting commenced at 11:30 AM and concluded at 1:10 PM.
Key Highlights
- Approved unaudited financial results for Q1 FY27.
- Re-appointed Internal and Cost Auditors for FY27.
- Approved acquisition of Texmaco Infra shares up to ₹150 Cr.
- Approved acquisition of Zuari Agro Chemicals shares up to ₹30 Cr.
- Board meeting held on August 13, 2026.
Price Impact
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