Ajax Engineering Limited’s Board of Directors convened on November 6, 2026, to approve 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, with shareholders to approve this via a postal ballot. The limited review report from S. R. Batliboi and Associates LLP was also approved, confirming an unmodified opinion on the financial results.
Board Meeting Outcome
Ajax Engineering Limited announced on November 6, 2026, key decisions made during its Board of Directors meeting. The board has approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Alongside the financial review, the board also considered and approved the limited review report issued by M/s. S. R. Batliboi and Associates LLP, Chartered Accountants, which expressed an unmodified opinion on the financial statements.
Governance and Shareholder Approval
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 provide their approval through an Ordinary Resolution for Mr. Joshipura’s appointment. The company expects to communicate further details regarding the postal ballot in due course.
Financial Highlights
The unaudited financial results indicate total assets of ₹17,939.09 million as of September 30, 2026, with total equity and liabilities also at the same figure. Equity stands at ₹15,040.84 million, while total liabilities are ₹2,898.25 million. For the quarter ended September 30, 2026, the company reported total income of ₹5,068.54 million and a profit before tax of ₹682.25 million.
Source: BSE
