ALPHA TRIBE

Nilkamal LimitedBoard Meeting, 29-07-2025: Outcome of Board Meeting

29-07-2025 | 04:57 pm

Nilkamal's board convened, giving a nod to robust Q1FY26 consolidated financials. Net sales surged to ₹883 crore from ₹743 crore last year, though PAT settled at ₹15 crore. Strategic moves include the appointment of veteran Mr. Gautam G. Chakravarti as an Additional Independent Director for five years, awaiting shareholder assent. Big operational news: a new MDF and foam manufacturing unit is now online. The company eyes significant growth, planning ~₹150 crore in FY26 capex for Material Handling, Rigid Packaging, and Retail. Strong credit ratings reaffirmed.

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