Neuland Laboratories Limited — Others, 15-05-2025: Change in Management

Neuland Laboratories has announced a board meeting outcome approving audited standalone and consolidated financial results for the year, reporting profits after tax of ₹259.43 Cr and ₹260.11 Cr respectively. The company gained ₹76.40 Cr from selling an investment property in Hyderabad. A final dividend of ₹12 per equity share has been declared. Mr. Davuluri Saharsh Rao has been re-appointed as Whole Time Director, Vice Chairman & Managing Director for five years, subject to shareholder approval. M/s P.S. Rao & Associates will serve as Secretarial Auditors for five years, pending approval.