V-Guard Industries Limited — Others, 14-05-2025: Change in Auditors

V-Guard Industries Ltd. has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved audited consolidated revenue of ₹5,577.82 Cr and net profit of ₹313.72 Cr for the year. Mithun K Chittilappilly has been re-appointed Managing Director for five years from April 2026, and George Muthoot Jacob continues as Independent Director for a second term. The company allotted 2.15 lakh equity shares under ESOS 2013 and appointed new secretarial, internal, cost, and tax auditors. A ₹50 Cr investment has been approved to expand battery manufacturing capacity by 3.96 lakh units in 18 months to address rising domestic demand. A final dividend of ₹1.50 per share is proposed, pending shareholder approval. Updates to the code of conduct and subsidiaries’ policies were also approved.