Orient Technologies Board Approves FY26 Results, Reappoints Internal Auditors, Accepts CFO Resignation
Orient Technologies Limited's Board approved audited consolidated and standalone financial results for FY26 ended March 31, 2026. M/s Santosh Ghag & Co. were reappointed as Internal Auditors for FY27. Mr. Gourav Modi resigned as CFO, effective June 25, 2026.
The approval of financial results is a standard disclosure. However, the resignation of the Chief Financial Officer is a significant event that could impact the company's financial management and investor confidence.
The announcement reports routine financial results and a CFO resignation. While the financial results are a standard disclosure, the CFO resignation introduces some uncertainty, making the overall sentiment neutral.
Orient Technologies Limited held a Board Meeting on Wednesday, May 27, 2026, which commenced at 3:00 PM IST and concluded at 8:00 PM IST. During this meeting, the Board approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026, along with the Auditors Report. These results have been uploaded to the websites of BSE, NSE, and the company's investor relations portal.
Additionally, the Board approved the re-appointment of M/s Santosh Ghag & Co. as the Internal Auditors for the financial year 2026-27. The firm, a chartered accountant entity with over three decades of experience, will continue to provide comprehensive financial, auditing, tax, and advisory services.
Furthermore, the Board accepted the resignation of Mr. Gourav Modi, the Chief Financial Officer (Key Managerial Personnel) of the Company, due to personal reasons. His resignation will be effective from the close of business hours on June 25, 2026. The company will disclose further details as required by SEBI regulations.
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Orient Technologies 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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