StockWatch
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Sugar
Board Meeting13 Aug 2026, 01:36 pm

Zuari Industries Approves Financial Results and Acquisitions

AI Summary

Zuari Industries Ltd's Board of Directors met on August 13, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026 (standalone and consolidated). The board also approved the re-appointment of M/s T R Chadha & Co LLP as Internal Auditors and Mr. Somnath Mukherjee as Cost Auditor for FY2026-27. Additionally, the company approved the acquisition of equity shares in Texmaco Infrastructure & Holdings Limited for up to ₹150 Crore and in Zuari Agro Chemicals Limited for up to ₹30 Crore.

Key Highlights

  • Unaudited financial results for Q1 FY27 declared.
  • Board approved acquisition of Texmaco Infra shares up to ₹150 Cr.
  • Board approved acquisition of Zuari Agro Chemicals shares up to ₹30 Cr.
  • Internal and Cost Auditors re-appointed for FY2026-27.