Man Infraconstruction Limited’s Board of Directors convened on August 12, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The meeting also saw the appointment of two new Additional Directors: Mr. Vatsal P. Shah as Non-Executive Non-Independent Director and Mr. Sivaramakrishnan S. Iyer as Non-Executive Independent Director, subject to shareholder approval via postal ballot.
Board Meeting Outcome: Financials and Appointments
Man Infraconstruction Limited held a Board of Directors meeting on August 12, 2026, where key decisions regarding financial performance and board composition were made. The Board approved the Unaudited Financial Results (Consolidated and Standalone) for the quarter that concluded on June 30, 2026. Accompanying these results were the Limited Review Report from M/s. G. M. Kapadia & Co., Chartered Accountants.
New Directors Appointed
Following recommendations from the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Vatsal P. Shah (DIN: 08125055) as an Additional Director in the category of Non-Executive Non-Independent Director. This appointment is effective from August 12, 2026, pending shareholder approval through a postal ballot. Similarly, Mr. Sivaramakrishnan S. Iyer (DIN: 00503487) was appointed as an Additional Director in the category of Non-Executive Independent Director, also effective from August 12, 2026, and subject to shareholder approval. Mr. Iyer’s term is for an initial period of 5 years, not liable to retire by rotation.
Leadership Changes
In addition to these appointments, Mr. Parag K. Shah, who was a Non-Executive Director, has been re-designated and appointed as the Chairman of the Company, effective August 12, 2026. The meeting commenced at 12:30 P.M. and concluded at 1:45 P.M.
Financial Highlights (Unaudited Results for Q1 FY27)
The unaudited consolidated financial results for the quarter ended June 30, 2026, show a Total Income of ₹23,491.89 lakhs. The Profit after Tax and Non-Controlling Interest stood at ₹7,164.16 lakhs. The company reported a Total Comprehensive Income of ₹7,110.41 lakhs attributable to the owners of the parent.
Standalone Financial Performance (Unaudited Results for Q1 FY27)
For the standalone entity, the Total Income for the quarter ended June 30, 2026, was ₹11,429.22 lakhs. The Profit after Tax and Non-Controlling Interest was ₹5,956.27 lakhs, with a Total Comprehensive Income of ₹5,956.28 lakhs.
Source: BSE
