Ceigall India Limited has announced its financial performance for the quarter and year ended March 31, 2026. The company reported robust growth, declaring a final dividend of 10% (Rs. 0.50 per share). Key updates include the appointment of Mr. Ankit Kumar Agrawal as an Independent Director, the re-appointment of Mr. Vishal Anand and Mrs. Gurpreet Kaur, and the internal restructuring following the resignation of Mr. Chitwon Wason.
Financial Highlights for FY 2025-26
For the financial year ended March 31, 2026, Ceigall India Limited demonstrated strong growth. The company reported annual revenue from operations of Rs. 38,693.13 million on a standalone basis and Rs. 40,224.01 million on a consolidated basis. The profit after tax for the same period stood at Rs. 3,051.83 million (standalone) and Rs. 3,089.20 million (consolidated). Based on this performance, the Board has recommended a dividend of 10%, equating to Rs. 0.50 per equity share, subject to shareholder approval.
Strategic Board Appointments
The company announced several key changes to its Board of Directors to strengthen governance. Mr. Ankit Kumar Agrawal has been appointed as a Non-Executive Independent Director for a five-year term, effective July 01, 2026. Furthermore, the Board approved the re-appointment of Mr. Vishal Anand and Mrs. Gurpreet Kaur as Non-Executive Independent Directors for a second term of five consecutive years, effective October 26, 2026.
Leadership Changes and Auditing Updates
The company noted the resignation of Mr. Chitwon Wason from his position as Whole-Time Director, effective from the closure of business hours on May 20, 2026. Additionally, to ensure robust oversight, the Board has appointed M/s Grant Thornton Bharat LLP as the Internal Auditor and M/s Khushwinder Kumar & Associates as the Cost Auditor for the 2026-27 financial year.
Operational Developments
During the fiscal year, Ceigall India Limited successfully acquired 100% equity shares in Velgaon Power Transmission Limited for Rs. 18.88 million, as part of its strategic expansion in the infrastructure and power sector. Management also noted that necessary adjustments were made to address a previously identified fraud amounting to Rs. 89.65 million, with no further impact expected on the current financial results.
Source: BSE
