Ador Welding Limited — Others, 06-05-2025: Change in Management

Ador Welding Limited has announced a board meeting that approved the financial results for the quarter and half-year, reflecting full-year performance with consolidated revenue of Rs. 1,12,268 lakhs and net profit of Rs. 6,005 lakhs. A final dividend of Rs. 20 per share (200%) was approved, subject to shareholder consent. The merger with subsidiary Ador Fontech Limited was incorporated, with restated prior figures. New statutory and secretarial auditors were proposed, alongside appointments of three senior executives as key managerial personnel. An Employee Stock Option Plan for 3,40,000 shares and an increase in the directors’ retirement age to 70 years were also approved, pending shareholder approval.