V-Guard Industries’ board has approved the reappointment of Prof. Biju Varkkey as an Independent Director for a final term of five years, effective May 26, 2026, pending shareholder approval. The board also appointed Dr. Reena Philip as an Additional Director in the Non-Executive, Non-Independent category, starting January 28, 2026. Additionally, the board approved the allotment of 409,887 equity shares under its ESOS 2013 scheme.
Directorate Changes
The Board of Directors has approved key changes to its composition. Prof. Biju Varkkey has been re-appointed as an Independent Director for a second and final term of five years, effective May 26, 2026, until May 25, 2031. This is subject to shareholder approval. Dr. Reena Philip has been appointed as an Additional Director in the Non-Executive Non-Independent category with effect from January 28, 2026, for a term of four years, expiring January 27, 2030, also subject to shareholder approval.
Financial Performance for Q3 2026
The Board of Directors approved the unaudited standalone and consolidated financial results for Q3 2026 (quarter ended December 31, 2025). The Un-Audited Financial Results and Limited Review Report from the Statutory Auditors of the Company have been submitted.
Equity Shares Allotment
The Board has also approved the allotment of 409,887 equity shares (face value of ₹1 each) to 20 employees under the Employee Stock Option Scheme ‘ESOS 2013’.
Management Commentary
According to the official statement, the meeting, which began at 10:30 AM, concluded at 02:25 PM. The board has also approved a draft postal ballot notice for the appointment/re-appointment of Dr. Reena Philip and Prof. Biju Varkkey.
Source: BSE
