IVP Limited Board Approves FY26 Audited Results, Reappoints Auditors and Directors, Recommends Dividend
IVP Limited's Board approved FY26 audited results, reporting a profit before tax of ₹2,514 lakhs. A final dividend of 15% is recommended. M/s. Rajendra & Co. were reappointed as Statutory Auditors for five years, and M/s. Kishore Bhatia & Associates as Cost Auditors for FY27. Independent Directors Ranjeev Ugamraj Lodha and Mala Arun Todarwal were reappointed for five-year terms.
The re-appointment of auditors and directors, along with dividend recommendation, are significant corporate actions. The financial results, while positive, do not indicate extraordinary growth or a paradigm shift.
The company reported positive financial results, recommended a dividend, and approved the re-appointment of auditors and independent directors, indicating stability and continued operations.
IVP Limited announced the outcome of its Board Meeting held on May 21, 2026. The Board approved the Audited Financial Results (Standalone) for the quarter and financial year ended March 31, 2026. The company reported a profit before tax of ₹1,196 lakhs for the quarter and ₹2,514 lakhs for the financial year. The statutory auditors, M/s. Rajendra & Co., issued an audit report with an unmodified opinion on the annual audited financial results.
The Board has recommended a final dividend of 15% (₹1.50 per share) for the financial year ended March 31, 2026, subject to shareholder approval at the 97th Annual General Meeting (AGM).
Furthermore, the Board approved the re-appointment of M/s. Rajendra & Co. as Statutory Auditors for a second term of five consecutive years, starting from the conclusion of the 97th AGM until the conclusion of the 102nd AGM in 2031, pending shareholder approval. M/s. Kishore Bhatia & Associates have been appointed as Cost Auditors for FY 2026-27.
In terms of corporate governance, the Board approved the re-appointment of two Independent Directors: Mr. Ranjeev Ugamraj Lodha for a second term of five years effective July 28, 2026, and Ms. Mala Arun Todarwal for a second term of five years effective June 11, 2026. Both re-appointments are subject to shareholder approval at the ensuing AGM.
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IVP Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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