Alfa Ica India Ltd Board Meeting Scheduled to Review Q2 Results and MD Remuneration Revision
Alfa Ica India Ltd has scheduled a meeting of its Board of Directors for August 8, 2026, to discuss the company’s quarterly performance and executive remuneration. The meeting is set to take place at the corporate office and will cover key operational and financial matters related to the quarter ended June 30, 2026.The agenda for the Board Meeting (02/2026-27) includes approving the Unaudited Financial Results of the company for the quarter ended June 30, 2026. The board members are expected to review these results along with a Limited Review Report issued by the Statutory Auditors.
A significant item on the agenda is the revision of remuneration for Managing Directors Mr. Rishi Tikmani and Ms. Pooja Tikmani. The Board is scheduled to consider and approve the recommendations from the Nomination and Remuneration Committee, which suggest revising their monthly compensation to ₹6,90,000 each, subject to applicable statutory approvals.
The meeting notice also details several preparatory items for the upcoming Annual General Meeting (AGM), including approving the draft Notice of the AGM, the Board’s Report, and determining the dates for closing the Register of Members and Share Transfer Books.
Key Details of the Board Meeting:
| Particular | Detail |
|---|---|
| Company Name | Alfa Ica (India) Ltd |
| Meeting Type | Board Meeting (02/2026-27) |
| Date | August 8, 2026 |
| Time | 1:30 P.M. |
| Venue | Corporate Office at Alfa Palazzo, Ahmedabad |
The agenda also included the review of past minutes and committee meetings, noting Related Party Transactions for the quarter ended June 30, 2026.
In line with the Company's Code of Conduct regarding designated persons and their immediate relatives, the trading window for dealing in the securities of Alfa Ica India Ltd has been closed from July 1, 2026, until the end of 48 hours following the announcement or declaration of the financial results for the quarter ended on June 30, 2026.
Stock Price Movement
Alfa Ica India Ltd shares settled at ₹76.29 on Thursday, jumping 4.51% in the market session. The stock traded strongly throughout the day, operating within an intraday range starting from a low of ₹73.00 to reach its closing high of ₹76.29.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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