supertech ev appointed Deepak Chauhan as an Additional Independent Director on July 13, 2026. The Board of Directors approved the appointment during a meeting held on the same day. This strategic move aims to strengthen the company's governance structure with the addition of an experienced independent professional.

The appointment was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement Regulation, 2015) read with Schedule III. The company has disclosed the necessary details regarding the new director's profile and background to the stock exchanges.

Deepak Chauhan is a seasoned marketing professional and entrepreneur with nearly two decades of leadership experience. He currently serves as the Managing Director of Fauji Exim Private Limited. He holds a Post Graduate Diploma in Business Management (PGDBM) from NMIMS University and brings expertise in business management, strategic marketing, and organizational leadership. He is proficient in English, Hindi, and Punjabi.

The company confirmed that Chauhan is not related to any existing directors on the Board. Furthermore, he is not debarred by SEBI or any other authority, ensuring full compliance with regulatory requirements for independent directors.

Director Details

Supertech EV Limited reported a revenue of ₹78.19 crore for the financial year ended March 31, 2026, compared to ₹75.09 crore in the previous year. The company's board of directors approved the audited financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 27, 2026. The statutory auditors, Rajesh Kukreja & Associates, issued an unmodified opinion on the financial results.

Financial Performance

The company recorded a profit after tax (PAT) of ₹3.93 crore for FY26, a decrease from ₹6.17 crore in FY25. For the half-year ended March 31, 2026, the PAT stood at ₹0.12 crore. Earnings per share (EPS) for the full year were ₹3.32, down from ₹3.70 in the previous year. Total income for the year rose to ₹78.19 crore from ₹75.19 crore.

IPO Proceeds Utilisation

Supertech EV successfully completed its Initial Public Offer (IPO) of 32,49,600 equity shares of ₹10 each at a premium of ₹82 per share, aggregating to ₹29.89 crore. The shares were allotted on July 2, 2025. The company confirmed that the entire IPO proceeds have been fully utilised towards the objects of the issue, including working capital requirements and repayment of borrowings. There was no deviation in the utilisation of funds as of March 31, 2026.

Regulatory Disclosures

The financial results were prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also submitted a statement on deviation or variation in the utilization of funds, confirming nil deviation. The trading window for designated persons will remain closed until 48 hours after the declaration of the results.