V-Guard (VGUARD) — Board Meeting

📢 Key Event
Board approved Q1 FY26 results and appointed Mithun K Chittilappilly as Chairperson

🔄 What Changed
Approved unaudited Q1 FY26 financial results showing ₹1,748.03 crores total income and ₹107.79 crores PAT; allotted 23,912 ESOP shares; appointed new Chairperson effective September 27, 2026

💡 Investor Takeaway
The board finalized Q1 results and leadership transition, with new Chairperson taking over while navigating regulatory changes affecting labor costs.

The board approved unaudited standalone and consolidated financial results for Q1 FY26 ending June 30, 2026, showing total income of ₹1,748.03 crores and profit after tax of ₹107.79 crores. It also allotted 23,912 equity shares under ESOS 2013 to six employees and appointed Mr. Mithun K Chittilappilly as Chairperson effective September 27, 2026. The appointment follows the conclusion of Ms. Radha Unni's term. The results include a ₹22.11 crore exceptional item related to New Labour Codes implementation.

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About V-Guard Industries Limited (VGUARD)

Capital Goods · Capital Goods - Electrical Equipment · Listed on NSE

Market Cap: ₹15,112.06 Cr P/E: 41.6 ROE: 15.4% ROCE: 20.7% Div Yield: 0.43%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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