Ajmera Realty & Infra India Limited Approves Quarterly Results; Key Directors Re-appointed and New Appointments Made

Ajmera Realty & Infra India Limited Approves Quarterly Results; Key Directors Re-appointed and New Appointments Made

Ajmera Realty & Infra India Limited Approves Quarterly Results; Key Directors Re-appointed and New Appointments Made​

Ajmera Realty & Infra India Limited announced outcomes from its Board meeting held on August 04, 2026. The board approved the Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026. Furthermore, the company confirmed re-appointments of two key directors and made new appointments for senior management personnel.

The Board meeting considered several matters related to the company's operational status and leadership structure. Management personnel were appointed or reappointed in critical roles as part of strategic planning.

Director and Senior Management Appointments​

The Board approved the re-appointment of Mr. Manoj Ajmera, Managing Director, for a further three consecutive years, from April 24, 2027 to April 23, 2030, subject to shareholder approval. Mr. Manoj I. Ajmera has been involved in the Ajmera Group for 44 years and focuses on strategic planning, fundraising, monitoring overall growth, legal matters related to projects, and project development, including Shanti Nagar at Mira Road, Thane district.

Similarly, Mr. Sanjay Ajmera, Whole-time Director, was re-appointed for three consecutive years, effective from April 24, 2027 to April 23, 2030, also subject to shareholder approval. Mr. Sanjay C. Ajmera has been associated with the Group for almost 35 years and contributes in business development, liaisoning with government authorities, and project development and construction in Pune.

The company also announced the appointment of new personnel. Mr. Dhaval Ajmera, relative of Chairman & Managing Director, was appointed as Director - Corporate Affairs, effective from October 1, 2026, pending shareholder approval. He holds an MBA in Finance from Cardiff University, UK, and is responsible for strategic planning, business development, investor relations, public relations, marketing, and sales within the Ajmera Group.

Mr. Keyur Mehta was appointed as AVP Accounts & Taxation on August 4, 2026. Mr. Mehta is a Chartered Accountant with over 15 years of experience in this field, including more than a decade in the real estate sector at leading companies such as Puravankara Limited and Piramal Realty.

Quarterly Financial Performance Highlights​

The Unaudited Standalone Financial Results for the quarter ended June 30, 2026, show a net profit of 2,295 (in lakhs). The results were prepared in accordance with Ind AS notified under Section 133 of the Companies Act 2013.

Key financial data from the standalone segment are summarized below:

Financial MetricValue (Lakhs)
Revenue from Operations11,978
Total Income From Operations12,030
Total Expenses8,867
Profit Before Tax after exceptional items3,163
Tax Expense905
Profit/(Loss) after Tax2,295

The company reported the following key figures from the financial results for various periods:

MetricQuarter Ended 30.06.2026 (Unaudited)Quarter Ended 31.03.2026 (Audited)Quarter Ended 30.06.2025 (Unaudited)Year Ended 31.03.2026 (Audited)
Revenue from Operations11,97831,37616,27569,941
Total Income From Operations12,03031,55316,32070,376
Total Expenses8,86724,50511,47951,846
Profit/(Loss) after Tax2,2954,6463,36212,710

Dividend Recommendation​

The company also informed stakeholders that the dividend recommended by the Board of Directors in its meeting held on May 25, 2026, shall be paid before October 22, 2026, subject to approval at the ensuing Annual General Meeting.

AJMERA Stock Price Movement​

Shares of Ajmera Realty & Infra India Limited are tumbling as of 2:46 PM, shedding 5.54% in live trading to reach ₹123.19. The stock has seen a day high of ₹131.83 and is currently operating within its intraday range, having traded 677,119 shares so far.
 

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