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Elgi Equipments appointed Padmaja Alaganandan and Varun Jay Varadaraj to its board, while re-appointing Anvar Jay Varadaraj. These leadership changes strengthen corporate governance and oversight.
Elgi Equipments recommended a ₹2.70 final dividend and approved several board appointments. The board also proposed BSR & Co. LLP as new statutory auditors.
Elgi Equipments Ltd reported revenue from operations of ₹1,113 Cr (+12.1% YoY) and net profit of ₹128 Cr (+25.5% YoY) for Q4 FY26.
Elgi Equipments reported consolidated annual revenue of ₹40,685 Million and PAT of ₹4,302 Million. The board recommended a dividend of ₹2.70 per share for shareholders.
CRISIL reaffirmed Elgi Equipments' long-term rating at AA/Stable and short-term rating at A1+. The ratings cover ₹557.4 Crore in bank facilities, reflecting stable creditworthiness.
Wasatch Advisors LP sold 150,000 shares of Elgi Equipments Ltd via open market. Its stake decreased from 3.2013% to 3.1539% following the transaction.