Sampat Aluminium has appointed Sanket Sanjay Deora as its Chief Financial Officer and Key Managerial Personnel. The appointment follows the resignation of outgoing CFO Shashank Shekhar Chaturvedi.

The Board of Directors approved the leadership change during its meeting held on September 3, 2026. Mr. Chaturvedi resigned due to pre-occupation and other personal commitments. He confirmed there were no other material reasons for his departure.

Leadership Transition

Mr. Deora assumes the role effective September 3, 2026. He is a Director at the company and has been associated with Sampat Aluminium since 2008. He holds approximately 16 years of experience in the aluminium manufacturing industry.

The company disclosed that Mr. Deora is the son of Sanjay Vimalbhai Deora, a Director at the firm. This relationship was noted in the regulatory filing under Schedule III of the SEBI Listing Regulations.

Authorized Disclosures

Pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the following Key Managerial Personnel are authorized to determine materiality and make disclosures:

The board meeting commenced at 4:15 pm and concluded at 5:00 pm. The company stated it has cleared all dues with Mr. Chaturvedi.

Sampat Aluminium Limited reported a 34% increase in revenue from operations to ₹17810.39 lakh for the year ended March 31, 2026, while net profit declined by 13.8% to ₹594.31 lakh. The board approved the audited financial results for the half-year and year ended March 31, 2026, at a meeting held on May 28, 2026.

Financial Performance

The company's total income from operations for FY26 stood at ₹17810.39 lakh, compared to ₹13300.09 lakh in the previous year. Total expenses rose to ₹17066.13 lakh from ₹12372.25 lakh in FY25. Profit before tax for the year was ₹744.26 lakh, a decrease from ₹927.83 lakh in the prior year. Basic earnings per share for FY26 were ₹8.19, down from ₹11.73 in the previous year.

IPO Fund Utilisation

The company raised ₹3052.80 lakh through its Initial Public Offer and utilized ₹2702.34 lakh as of March 31, 2026. The funds were allocated towards capital expenditure, fund raising expenses, and general corporate purposes. The statutory auditors, M/s. S N Shah & Associates, confirmed there was no deviation in the use of funds.

The auditors issued an unmodified audit report on the financial results. The meeting was convened pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.