Jasch Gauging reappoints Jai Kishan Garg, Manish Garg for three years

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Shareholders approved re-appointment of Jai Kishan Garg as MD and Manish Garg as Executive Director
  • New three-year tenure for both directors runs from October 1, 2026 to September 30, 2029
  • All five resolutions at the August 25 AGM, including dividend declarations, were passed
  • Over 2.7 million votes cast in favor of adopting audited financials for FY26
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Shareholders of Jasch Gauging Technologies approved the re-appointment of Jai Kishan Garg as Managing Director and Manish Garg as Executive Director for a three-year term. The resolutions were passed at the company’s third post-listing Annual General Meeting held on August 25, 2026.

The meeting, conducted via Video Conferencing or Other Audio Visual Means, also saw the approval of audited standalone financial statements for FY26 and the declaration of interim and final dividends. All five resolutions placed before the meeting were passed with the requisite majority.

Director Tenures and Remuneration

The special resolutions grant approval for the re-appointment and remuneration of Shri Jai Kishan Garg as Managing Director and Shri Manish Garg as Executive Director. Their new tenure is set for three years, beginning from October 1, 2026, and ending on September 30, 2029.

Shri Manish Garg was also re-appointed as a non-independent director, replacing his tenure which ended by rotation. He received fixed remuneration as Executive Director under a separate special resolution. Requisite details regarding these appointments have been submitted to the stock exchange in compliance with SEBI Listing Regulations.

Voting Results

G Aakash & Associates served as the scrutinizer for the remote e-voting process facilitated by Central Depository Services (India) Limited. Shareholders holding shares as of the cut-off date of August 18, 2026, were eligible to vote.

The voting breakdown for each item is detailed below:

Resolution Votes In Favour Votes Against Status
Adoption of Audited Financials for FY26 2,769,129 43 Passed
Confirmation of Interim & Final Dividend 2,769,129 43 Passed
Re-appointment of Manish Garg (Director) 2,769,129 43 Passed
Re-appointment of Jai Kishan Garg (MD) 2,632,124 43 Passed
Re-appointment of Manish Garg (Exec Dir) 2,769,129 43 Passed

While the majority of votes supported these appointments, three members voted against all resolutions, casting a total of 43 votes against each item.

Historical Stock Returns for Jasch Gauging Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+4.14%-4.68%+4.14%+19.92%+1.69%+32.07%

How might the re-appointment of Jai Kishan and Manish Garg influence Jasch Gauging Technologies' strategic roadmap and operational efficiency over the next three years?

Given the overwhelming shareholder support, what specific growth targets or performance metrics have the directors outlined to justify their continued leadership through 2029?

How does the declared dividend structure for FY26 compare to previous years, and what does it signal about the company's cash flow health and future payout policy?

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Jasch Gauging Technologies posts 7.7% profit rise in Q1FY27

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Reviewed by
Naman SScanX News Team
Key Highlights

Jasch Gauging Technologies posted a 7.7% year-on-year increase in standalone net profit to ₹368.51 lakh for Q1FY27, supported by a 15.9% rise in revenue from operations to ₹1,468.24 lakh. The company declared an interim dividend of ₹10 per equity share, with the record date fixed for August 07, 2026. Profit before tax grew 8.8% to ₹492.51 lakh, while total expenses increased 17.7% to ₹1,123.09 lakh.

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Jasch Gauging Technologies reported a 7.7% year-on-year increase in standalone net profit to ₹368.51 lakh for the quarter ended June 30, 2026, driven by a 15.9% rise in revenue from operations to ₹1,468.24 lakh. The Board of Directors declared an interim dividend of ₹10 per equity share, representing 100% of the face value, with Friday, August 07, 2026, fixed as the record date for payment. This marks the first quarter of the financial year 2026-27.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in meetings held on July 30, 2026. The Statutory Auditors, Mittal & Mittal Associates, issued a limited review report on the unaudited standalone financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with Indian Accounting Standards (Ind AS).

Financial Performance

Revenue from operations grew to ₹1,468.24 lakh in Q1FY27, up from ₹1,266.15 lakh in the corresponding quarter of the previous year. Other income remained stable at ₹147.36 lakh compared to ₹141.30 lakh in Q1FY26. Total income stood at ₹1,615.60 lakh.

Particulars Q1FY27 (₹ Lakh) Q1FY26 (₹ Lakh) Change (%)
Revenue from Operations 1,468.24 1,266.15 15.9
Other Income 147.36 141.30 4.3
Total Income 1,615.60 1,407.45 14.8
Total Expenses 1,123.09 954.58 17.7
Profit Before Tax 492.51 452.87 8.8
Net Profit 368.51 342.22 7.7

Profit before tax rose to ₹492.51 lakh from ₹452.87 lakh in Q1FY26. Current tax expenses increased to ₹124.00 lakh from ₹110.65 lakh. Earnings per share (basic) grew to ₹8.13 from ₹7.55 in the prior year period.

What the Numbers Show

While revenue growth outpaced expense growth, the margin expansion was modest. Cost of materials consumed decreased slightly to ₹533.90 lakh from ₹591.28 lakh, indicating improved input cost management or product mix shifts. However, other expenses rose significantly to ₹115.55 lakh from ₹107.19 lakh, partly offsetting the efficiency gains in material costs. The company maintained a strong balance sheet position with reserves increasing to ₹9,384.60 lakh from ₹8,777.15 lakh in the same quarter last year. Paid-up equity capital remained unchanged at ₹453.20 lakh.

Historical Stock Returns for Jasch Gauging Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+4.14%-4.68%+4.14%+19.92%+1.69%+32.07%

How will the 17.7% rise in total expenses, particularly in other expenses, impact Jasch Gauging Technologies' net profit margins in subsequent quarters?

What specific operational strategies or product mix shifts contributed to the decrease in material costs despite overall revenue growth?

Given the strong balance sheet with reserves increasing to ₹9,384.60 lakh, are there plans for capital expenditure or acquisitions in FY27?

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