Ajax Engineering Limited announced that its Board of Directors, in a meeting held on November 6, 2026, has approved the unaudited financial results for the quarter and half year ended September 30, 2026. The Board also recommended the regularization of Mr. Shishir Joshipura as a Non-Executive Independent Director, subject to shareholder approval via postal ballot. The limited review report from S. R. Batliboi and Associates LLP was also approved, confirming an unmodified opinion on the financial results.
Ajax Engineering Board Approves Financial Results and Director Appointment
Ajax Engineering Limited has announced key decisions made during its Board of Directors meeting on November 6, 2026. The Board has officially approved the unaudited financial results for the quarter and half year ended September 30, 2026. Alongside the financial approvals, the Board also reviewed and accepted the limited review report issued by M/s. S. R. Batliboi and Associates LLP, Chartered Accountants, which provided an unmodified opinion on these results. The Audit Committee had previously reviewed and recommended these unaudited financial results.
Independent Director Regularisation Recommended
In a significant governance move, the Board of Directors has recommended to the shareholders the regularisation of Mr. Shishir Joshipura (DIN: 00574970) as a Non-Executive Independent Director. To facilitate this, the Board has approved the issuance of a Postal Ballot Notice. Shareholders will be asked to approve Mr. Joshipura’s appointment through an Ordinary Resolution. The notice for this postal ballot, containing further details as required by the Companies Act, 2013, and SEBI Listing Regulations, will be published in due course.
Financial Disclosures and Website Availability
The approved unaudited financial results and the Limited Review Report for the quarter and half year ended September 30, 2026, are being submitted. These documents will be made available on the Company’s official website and will also be published in newspapers as per regulatory requirements. The Board meeting commenced at 11:08 AM and concluded at 1:09 PM.
Financial Highlights
The unaudited statement of assets and liabilities as at September 30, 2026, shows total assets of ₹17,939.09 million, with total equity and liabilities also at the same amount. Equity stood at ₹15,040.84 million, while total liabilities were ₹2,898.25 million. For the six months ended September 30, 2026, the company reported a profit before tax of ₹1,425.31 million. Revenue from operations for the quarter ended September 30, 2026, was ₹4,870.30 million.
Source: BSE
