Sharda Ispat Ltd. announced the outcome of its Board Meeting held on August 13, 2026. The board approved the unaudited financial results for the quarter ended June 30, 2026. Additionally, key management positions were confirmed: Shri Nandkishore Sarda was re-appointed as Chairman & Managing Director for five years from April 1, 2027, and Smt. Poonam Sarda was re-appointed as Whole-time Director for the same term.
Sharda Ispat Ltd. Board Meeting Outcome
Sharda Ispat Ltd. has announced the key decisions made during its Board Meeting on August 13, 2026. The meeting resulted in the approval of the company’s unaudited financial results for the first quarter of the financial year 2026-27, which concluded on June 30, 2026. The detailed financial results, along with the Limited Review Report from the statutory auditors, have been made available on the company’s website.
Key Management Reappointments
Following the recommendations of the Nomination & Remuneration Committee, the Board has re-appointed two key figures. Shri Nandkishore Sarda (DIN: 00229911) has been re-appointed as Chairman & Managing Director for a further term of five years, effective from April 1, 2027. This reappointment is subject to shareholder approval at the upcoming Annual General Meeting and means he will not be liable to retire by rotation. His profile highlights over 59 years of experience in the iron and steel industry.
Furthermore, Smt. Poonam Sarda (DIN: 00190512) has been re-appointed as Whole-time Director for a similar five-year term, also commencing on April 1, 2027, and pending shareholder approval. She is liable to retire by rotation. Smt. Sarda is a C.A (Intermediate) and L.L.B by qualification, possessing over 16 years of experience in Accounting, Finance, and Taxation. Notably, Shri Nandkishore Sarda is the father-in-law of Smt. Poonam Sarda.
Financial Highlights (Quarter Ended June 30, 2026)
The unaudited financial results indicate a total income of ₹7,189.96 Lakhs for the quarter ended June 30, 2026. Total expenses for the period amounted to ₹6,969.31 Lakhs, resulting in a profit after tax of ₹163.50 Lakhs. The total comprehensive income for the quarter was ₹186.88 Lakhs.
Source: BSE
