Sandesh Board approves re-appointment of Rahoul Shah as Whole Time Director

1 min read     Updated on 02 Jun 2026, 07:06 AM
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The Board of The Sandesh Limited has approved the re-appointment of Mr. Rahoul Rajivkumar Shah as Whole Time Director, pending shareholder approval at the upcoming Annual General Meeting. With over two decades of experience in advertising and sales, Mr. Shah is not related to any other directors and is not debarred from holding the position.

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The Board of Directors of The Sandesh Limited has approved the re-appointment of Mr. Rahoul Rajivkumar Shah as a Whole Time Director, subject to the approval of shareholders at the ensuing Annual General Meeting. The decision was taken at a board meeting held on May 29, 2026, following the recommendation of the Nomination and Remuneration Committee. Mr. Shah, who holds DIN: 00054684, is currently liable to retire by rotation.

The company affirmed that Mr. Rahoul Rajivkumar Shah is not debarred from accessing capital markets or restrained from holding the position of Director in any listed entity, in compliance with BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular Ref No: NSE/CML/2018/24. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Shah brings extensive experience to the role, having been associated with the company for over two decades. His professional background includes significant expertise in advertising, sales, and marketing. The company confirmed that he is not related to any of the other Directors on the Board.

The board meeting, which commenced at 05:30 P.M. and concluded at 07:10 P.M., also reviewed the necessary regulatory filings. The re-appointment will become effective from the date of the ensuing Annual General Meeting, with the term structured such that the director remains liable to retire by rotation.

Key Details of Re-appointment

Detail Information
Name of Director Mr. Rahoul Rajivkumar Shah
DIN 00054684
Designation Whole Time Director
Date of Re-appointment Date of ensuing Annual General Meeting
Term Liable to retire by rotation
Experience Over two decades with the company
Key Areas Advertising, sales, marketing

Historical Stock Returns for Sandesh

1 Day5 Days1 Month6 Months1 Year5 Years
+1.09%-7.14%-14.05%-14.17%-20.30%+20.77%

What strategic growth initiatives does Mr. Shah plan to prioritize during his new term given his expertise in advertising and marketing?

How might the continuity of Mr. Shah's leadership influence investor sentiment ahead of the upcoming Annual General Meeting?

Are there any planned changes to the company's digital marketing strategy under Mr. Shah's continued direction?

Sandesh Limited publishes FY26 results, declares dividend

1 min read     Updated on 31 May 2026, 03:59 AM
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Sandesh Limited reported a net profit of ₹6,740.29 lakh for FY26, with total income rising to ₹45,605.81 lakh, and declared a final dividend of ₹5 per share. The audited financial results were published in newspapers on May 30, 2026, and intimated to the stock exchanges.

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Sandesh Limited reported a net profit of ₹6,740.29 lakh for the financial year ended March 31, 2026, while recording a net loss of ₹3,427.46 lakh for the quarter ended March 31, 2026. Total income for the year rose to ₹45,605.81 lakh from ₹32,939.88 lakh in FY25, whereas total expenses increased to ₹35,685.62 lakh from ₹23,088.10 lakh in the previous year. The Board has recommended a final dividend of ₹5 per equity share of face value ₹10 each for FY26, subject to shareholder approval.

The audited financial results for the quarter and year ended March 31, 2026, were published in the "Financial Express" (English) and "Sandesh" (Gujarati) newspapers on May 30, 2026. The company intimated BSE Limited and the National Stock Exchange of India Limited regarding this publication pursuant to Regulation 30, Regulation 33, and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results have also been uploaded on the company's website.

The statutory auditors, Manubhai & Shah LLP, issued an unmodified opinion on the standalone and consolidated financial results. The financial results include an exceptional item regarding the statutory impact of New Labour Codes amounting to ₹241.13 lakh for the quarter ended December 31, 2025. The Board approved the re-appointment of M/s. K. C. Mehta & Co. LLP as its Internal Auditor for the financial year ending March 31, 2027, effective from April 1, 2026.

Additionally, the Board considered the re-appointment of Shri Falgunbhai Chimanbhai Patel as Chairman & Managing Director for a term of five years effective from April 01, 2027, to March 31, 2032, subject to shareholder approval. The Board also considered the re-appointment of Mr. Rahoul Rajivkumar Shah as a Whole Time Director.

Metric Standalone FY26 (₹ in lakhs) Standalone FY25 (₹ in lakhs) Consolidated FY26 (₹ in lakhs) Consolidated FY25 (₹ in lakhs)
Revenue from operations 43,782.03 29,234.32 45,806.96 33,148.32
Total Income 45,605.81 32,939.88 45,605.81 32,939.88
Total Expenses 35,685.62 23,088.10 35,685.62 23,088.10
Net Profit for the Year 6,740.29 7,745.66 6,740.29 7,745.66
Earnings Per Share (Basic) 89.05 102.33 89.05 102.33

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE583B01015/ec49ba0d2ffc4ea3.pdf

Historical Stock Returns for Sandesh

1 Day5 Days1 Month6 Months1 Year5 Years
+1.09%-7.14%-14.05%-14.17%-20.30%+20.77%

What strategies will management implement to curb the rising operating expenses that outpaced revenue growth in FY26?

How will the exceptional item regarding the New Labour Codes impact the company's cost structure and profitability in FY27?

Will the company maintain the current dividend payout ratio given the decline in annual net profit compared to the previous year?

More News on Sandesh

1 Year Returns:-20.30%