Ethos Limited Announces Board Approvals, Elects New Director, and Releases FY2026 Financial Results
Ethos Limited, the company, reported material corporate developments following its Board of Directors meeting held on May 12, 2026. The Board considered and approved the audited financial results for the quarter and financial year ended March 31, 2026, alongside the official Auditor's Report. Additionally, the Board approved the appointment of Mr. Munish Gupta as an Additional Director, falling under the category of Executive Director.New Director Appointment
Mr. Munish Gupta, a qualified Chartered Accountant, has been appointed as an Additional Director (Executive Director) of the company. His tenure begins on May 12, 2026, and extends for three years, until May 11, 2029.Mr. Gupta brings extensive experience to the board, with over 20 years across the construction, hospitality, IT/travel, startup, and FMCG sectors. He holds an Executive MBA from Indian Institute of Management Ahmedabad and a Diploma in IFRS from ACCA. The Board noted that he is not related to any existing directors of the company.
Audited Financial Results
The company released its audited financial results for the quarter and full financial year ending March 31, 2026.Auditor reports were issued by Walker Chandiok & Co LLP, providing opinions on both the Standalone and Consolidated Annual Financial Results. The auditor confirmed that the standalone and consolidated annual financial results for the year ended March 31, 2026, give a true and fair view in conformity with applicable Indian Accounting Standards (Ind AS).
The consolidated financial statement report included figures relating to various group entities:
| Category | Entities Listed |
|---|---|
| Subsidiaries | Cognition Digital LLP, Ethos Lifestyle Private Limited (Formerly known as RF Brands Private Limited), Ficus Trading LLC, Micron Watch Services Private Limited |
| Joint Ventures | Pasadena Retail Private Limited |
| Associates | Silvercity Brands AG, Favre Leuba GmbH (a subsidiary of Silvercity Brands AG) |
Meeting Details
The Board of Directors meeting on May 12, 2026, commenced at 11:30 AM and concluded at 1:55 PM.ETHOSLTD Stock Price Movement
Shares of Ethos Limited are edging higher to ₹2360.5 as of 2:40 PM, rising by 0.04% in live trading. The stock is drawing considerable attention, actively trading on a volume of 57,375 shares.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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