Milap Chand Bothra ceases as Independent Director at DB (International) Stock Brokers

1 min read     Updated on 21 Jul 2026, 07:50 PM
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Milap Chand Bothra ceased as Independent Director at DB (International) Stock Brokers on July 21, 2026, following the completion of his tenure. The company disclosed this change to the stock exchanges under Regulation 30 of the SEBI Listing Regulations.

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Milap Chand Bothra has ceased to be an Independent Director on the Board of DB (International) Stock Brokers with effect from the close of business hours on July 21, 2026. The cessation follows the completion of his tenure as an Independent Director. The company informed the National Stock Exchange of India Limited and BSE Limited regarding this change in management.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A to Schedule III of the said regulations. The company also referenced the SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, for providing the required details.

Details of the Change

The company provided specific particulars regarding the cessation of the director in an annexure to the regulatory filing. The reason cited was the completion of his tenure as an Independent Director.

Sr. No. Particulars Details
1. Reason for change Cessation on account of Completion of his tenure as an Independent Director
2. Date of cessation with effect from close of business hours on July 21, 2026

The filing was signed by Shiv Narayan Daga, Managing Director of DB (International) Stock Brokers Limited. The company's scrip is traded on the BSE with the code 530393 and on the NSE under the symbol DBSTOCKBRO.

Historical Stock Returns for DB International Stock Brokers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-0.86%+8.09%+41.41%+23.71%+145.32%

Who will be appointed as the replacement Independent Director, and how will their background influence the board's strategy?

Will the departure of Mr. Bothra trigger any immediate changes in the company's governance policies or board committees?

How might this leadership transition impact the company's operational performance in the upcoming fiscal quarter?

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DB International Stock Brokers Publishes Audited Financial Results for FY26

1 min read     Updated on 23 Apr 2026, 07:05 AM
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DB International Stock Brokers Limited completed its regulatory obligations by publishing audited financial results for Q4 and FY26 in Business Standard and Financial Express newspapers on April 22, 2026. The board meeting held on April 21, 2026, approved the standalone and consolidated financial statements, with Managing Director Shiv Narayan Daga signing the regulatory submissions to NSE and BSE to ensure compliance with SEBI listing requirements.

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DB International Stock Brokers Limited has successfully completed its regulatory obligations by publishing audited financial results for the fourth quarter and full year ended March 31, 2026. The company submitted newspaper publication copies to both NSE and BSE on April 22, 2026, following board approval of the financial statements.

Board Meeting and Results Approval

The board of directors conducted their scheduled meeting on Tuesday, April 21, 2026, and approved the company's audited standalone and consolidated financial statements for FY26. Managing Director Shiv Narayan Daga (DIN: 00072264) signed the regulatory submissions to ensure compliance with listing obligations.

Parameter: Details
Meeting Date: Tuesday, April 21, 2026
Time: 03:30 P.M.
Venue: WASME House, Plot No. 4, Film City, Sector-16A, Noida-201301, Uttar Pradesh
Meeting Type: First Board Meeting of FY 2026-27 (BM-01/2026-27)
Results Approved: Audited Standalone & Consolidated Financial Results

Regulatory Compliance and Publication

Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its audited financial results in newspapers on April 22, 2026. The publication was made in Business Standard and Financial Express newspapers (Ahmedabad Edition) to ensure wide dissemination of financial information to stakeholders.

Publication Details: Information
Publication Date: April 22, 2026
Newspapers: Business Standard and Financial Express (Ahmedabad Edition)
Regulation: SEBI Regulation 30 and 47
Website Availability: https://www.dbonline.in/
NSE Symbol: DBSTOCKBRO
BSE Scrip Code: 530393

Stock Exchange Notifications

The company formally submitted newspaper publication copies to both major stock exchanges where its shares are listed. The submissions were made to the Listing Department of National Stock Exchange of India Ltd. at Exchange Plaza, Bandra Kurla Complex, and to the Department of Corporate Services at BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

The financial results and auditors' reports are accessible through the company's website and via QR code provided in the newspaper publications. This multi-channel approach ensures transparency and easy access for investors and stakeholders to review the company's financial performance for the concluded financial year. The results document is available at the company's dedicated financial results section on their website.

Historical Stock Returns for DB International Stock Brokers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%-0.86%+8.09%+41.41%+23.71%+145.32%

What key financial metrics and performance indicators will investors focus on to assess DB International's growth trajectory for FY27?

How might the company's Q4 FY26 results influence its strategic initiatives and capital allocation decisions in the upcoming fiscal year?

Will DB International consider expanding its brokerage services or entering new market segments based on its FY26 performance?

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1 Year Returns:+23.71%