Sattrix Information Security to Approve FY 2026 Financial Results and Reappoint Managing Director
Sattrix Information Security Ltd has scheduled its Board of Directors meeting for Friday, May 15, 2026. The board meeting agenda includes key resolutions related to the company's financial performance, management appointments, and corporate transactions for the financial year 2026-27.The board is set to consider and approve the audited financial results for the year ended March 31, 2026. This includes both the standalone and consolidated audited financial results.
In terms of governance and management structure, the board is scheduled to appoint M/s. Desai & Desai, Chartered Accountants, to serve as the Internal Auditor for the Financial Year 2026-27.
A central item on the agenda is the re-appointment of Mr. Sachhin Gajjaer (DIN: 06688019) as the Managing Director. The board is slated to re-appoint him for a period of three years, spanning from May 15, 2026, to May 14, 2029. Furthermore, the board is expected to approve his remuneration payable for a three-year period, commencing from April 1, 2026, and concluding on March 31, 2029.
Additionally, the board meeting will address the approval of a related party transaction for the financial year 2026-27.
The key resolutions scheduled for consideration by the board include:
| Purpose | Item Description | Period/Timeline |
|---|---|---|
| Financial Approval | Audit Standalone Financial Results | Year ended March 31, 2026 |
| Financial Approval | Audit Consolidated Financial Results | Year ended March 31, 2026 |
| Appointment | Internal Auditor Appointment (M/s. Desai & Desai) | Financial Year 2026-27 |
| Management | Re-appointment of Managing Director (Sachhin Gajjaer) | May 15, 2026, to May 14, 2029 (Three Years) |
| Management | Approval of MD Remuneration | April 1, 2026, to March 31, 2029 (Three Years) |
| Corporate Action | Approval of Related Party Transaction | FY 2026-27 |
Stock Price Movement
As of 10:14, shares of Sattrix Information Security Ltd are ticking up, currently sitting at ₹399.80, marking a solid 1.99% gain for the day. However, the stock remains completely locked, with the intraday high and low identical at ₹399.80.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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