Fiem Industries Reports FY26 Financial Results; Board Approves Major Management Changes

Fiem Industries Reports FY26 Financial Results; Board Approves Major Management Changes​

Fiem Industries Limited announced its financial results and key corporate governance updates following a Board Meeting held on May 30, 2026. The board approved the audited financial results for the Quarter and Financial Year ended March 31, 2026, and recommended a Final Dividend for the financial year 2025-26.

The company also announced several key management appointments and re-designations, alongside the resignation of the Chief Executive Officer.

Financial Results and Dividend Recommendation​

The Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.

Key Financial Highlights (Standalone):

The company reported significant figures across its operations, as detailed in the audited financial statements.


Consolidated Performance:

On a consolidated basis, Total Income stood at 283,639.76 Rs. lakh for the year ending March 31, 2026, compared to 243,872.85 Rs. lakh in the previous year. Net Profit/(Loss) for the period was 25,559.85 Rs. lakh.

Segment Revenue:
The company's business is divided into two reportable segments: Automotive Segment and Others Segment.


Dividend Recommendation:

The Board recommended a Final Dividend of Rs. 40/- per Equity Share. This equates to 400% of the Nominal Value of Rs. 10 each for the Financial Year 2025-26. This dividend is applicable on 2,63,19,660 Equity shares, amounting to Rs. 105.28 Lakh. The payment, subject to approval at the forthcoming Annual General Meeting (AGM), is scheduled for on or before August 14, 2026.

Key Leadership Appointments and Changes​

The Board of Directors also reviewed and approved several changes in the company's key managerial personnel and board composition:

1. Executive Chairman and Managing Director Appointments:

• Mr. Jagjeevan Kumar Jain was re-designated and appointed as the Executive Chairman (Key Managerial Personnel) of the Company. This role is effective from June 1, 2026, until the completion of his current term, scheduled until August 6, 2030, subject to shareholder approval via a Special Resolution at the 37th AGM.
• Mr. Rahul Jain was re-designated and appointed as the Managing Director (Key Managerial Personnel). This appointment is effective from June 1, 2026, and continues until September 30, 2030, subject to shareholder approval at the 37th AGM.

2. Directorships and Management Roles:

• Ms. Aanchal Jain was re-designated as Joint Managing Director (Whole-time Director), effective from June 1, 2026. She was also re-appointed for a further term of 5 years, effective from April 1, 2027, pending shareholder approval.
• Mrs. Seema Jain was re-appointed as a Whole-time Director for a further term of 5 years, effective from April 1, 2027, subject to the 37th AGM.
• Mr. Kashi Ram Yadav was re-appointed as a Whole-time Director for a further term of 3 years, effective from October 25, 2026, subject to the 37th AGM.

3. Resignation of Key Personnel:
* The Board accepted the resignation of Mr. Vineet Sahni from the positions of CEO & Whole-time Director (Key Managerial Personnel). His resignation is effective from the close of business hours on May 31, 2026.

Operational and Audit Appointments​

The board also formalized the following professional appointments for the Financial Year 2026-27:

• Internal Auditor: M/s V. Sachdeva & Associates, Chartered Accountants (Firm Registration No. 004417N) was re-appointed as Internal Auditors for FY 2026-27.
• Cost Auditor: M/s Jay Narain & Co., Cost Accountants (Reg. No. 004576) was re-appointed as Cost Auditors for FY 2026-27.

Shareholder Meetings​

The Board of Directors further approved the convening of the 37th Annual General Meeting (AGM). Key dates set for the shareholders are:

• AGM Date: Friday, July 31, 2026, via Video Conferencing/Other Audio-Visual Means (VC/OAVM).
• Record Date (for Dividend): Friday, July 24, 2026.
• Cut-off Date (for e-voting): Friday, July 24, 2026.

The financial results and key details are available on the company's website.

FIEMIND Stock Price Movement​

Shares of Fiem Industries Limited on Friday slipped by 3.24% to settle at ₹2243. The stock traded on a volume of 54,610 shares, marking the end of a negative session.