Tilaknagar Industries Limited’s Board of Directors met on October 30, 2026, to approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The board also approved the appointment of Lt. Gen Shailesh Tinaikar (Retd) and Mr. Sanjay Saxena as Additional Independent Directors. The company noted the cessation of Maj Gen Dr. Dilawar Singh (Retd.) and Mr. Satish Chand Mathur upon completion of their terms.
Financial Results and Board Appointments
The Board of Directors of Tilaknagar Industries Limited convened on Friday, October 30, 2026. During the meeting, the board considered and approved the unaudited financial results, both consolidated and standalone, for the quarter and half-year ended September 30, 2026. These results were accompanied by limited review reports from the company’s statutory auditors, M/s. Harshil Shah & Company.
New Independent Directors Appointed
Following recommendations from the Nomination and Remuneration Committee (NRC), the Board approved the appointment of two new Additional Independent Directors. Lt. Gen Shailesh Tinaikar (Retd) (DIN: 11992935) and Mr. Sanjay Saxena (DIN:09210552) have been appointed for a period of 3 years, commencing from October 30, 2026, until October 29, 2029, inclusive. These appointments are subject to shareholder approval within three months from their effective date.
Director Cessations Noted
The Board also noted the cessation of Maj Gen Dr. Dilawar Singh (Retd.) (DIN: 08216047) as an Independent Director, effective close of business hours on October 30, 2026, upon completion of his second consecutive term. Consequently, he has also stepped down as Chairman of the Stakeholders Relationship Committee and the NRC, and as a member of the Audit Committee.
Additionally, the cessation of Mr. Satish Chand Mathur (DIN: 03641285) as an Independent Director, effective close of business hours on October 30, 2026, due to completion of his second consecutive term, was also noted.
Committee Reconstitution
The company announced the reconstitution of its Board Committees, effective October 31, 2026. This reconstitution follows the completion of terms for some directors and the induction of new ones. The updated committee compositions for the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were detailed.
Financial Highlights
The financial results indicate a Revenue from Operations of ₹2,43,755.90 Lacs for the quarter ended September 30, 2026. Total Income for the same period stood at ₹2,43,833.38 Lacs. Profit After Tax for the quarter was ₹2,226.61 Lacs.
For the half-year ended September 30, 2026, Revenue from Operations reached ₹4,68,998.37 Lacs, with Total Income at ₹4,69,529.47 Lacs. The Profit After Tax for the half-year was ₹5,385.74 Lacs.
Source: BSE
