Technocraft Industries has designated nine employees as Senior Management Personnel (SMP) effective October 1, 2026. The move follows a board approval on September 29, 2026, driven by changes in internal roles, designations, and responsibilities within the company.

The appointments span key operational divisions including Extrusion, Formwork, Textile, Apparel, Procurement, Human Resources, and Legal Affairs. This restructuring aims to align leadership roles with the company’s strategic growth objectives across its diverse business segments.

Appointed Senior Management Personnel

The following individuals have been designated as SMPs under Regulation 30 of the SEBI Listing Regulations:

Leadership Profiles and Experience

The newly designated SMPs bring extensive industry experience to their respective roles:

• Deepak Mishra: Joined in 1990, he leads the Extrusion and Formwork divisions and has been instrumental in expanding the group's presence in India and China.
• Amit Musaddy: A Chartered Accountant and ISB alumnus who joined in 2021, he focuses on strategy, operational efficiency, and competitive positioning.
• Ketan Oza: With nearly three decades at the company since 1997, he specializes in international textile marketing and business development.
• Praveen Nimbalkar: Brings over 30 years of global experience from firms like Nike and Marks & Spencer, focusing on transforming the Apparel & Textile business.
• Yogesh Chaturvedi: With the company since 2003, he oversees strategic sourcing, vendor development, and cost optimization in procurement.
• Shilpa Kulkarni: An HR professional with over 18 years of experience, she manages talent acquisition, employee engagement, and administrative functions.
• Rajesh Naik: With 36 years in the apparel industry, he leads the Apparel Division's marketing and business growth after joining full-time in 2020.
• Vikas Patangia: Holds 35 years of experience in corporate legal affairs and also leads initiatives in renewable energy integration and carbon footprint reduction.
• Madan Yadav: Heads India Sales for Technocraft Formwork with 13 years of sales experience, including 8 years with the group.

Regulatory Disclosure

The company informed the National Stock Exchange of India Limited and BSE Limited about these changes pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The designation is effective from October 1, 2026, for the duration of existing full-time employment.

Technocraft Industries (India) Limited reported a 11.4% increase in consolidated Profit After Tax to ₹293 crore for the fiscal year ended March 31, 2026, compared to ₹263 crore in the previous year.

The company also recorded a 6.3% growth in revenue from operations, reaching ₹2,759 crore, up from ₹2,596 crore in FY25. Consolidated EBITDA rose by approximately 10.4% to ₹570 crore, reflecting improved operational efficiency despite a dynamic business environment.

Financial Performance Highlights

The Board of Directors approved the audited standalone and consolidated financial statements during the 34th Annual General Meeting held on September 28, 2026. The meeting was conducted via video conferencing in compliance with regulatory guidelines.

Dividend Declaration

The Company declared an interim dividend of ₹20 per equity share of face value ₹10 each for the financial year 2025-26. This payout underscores the management's commitment to returning value to shareholders while maintaining a strong balance sheet.

What the Numbers Show

A comparative analysis of the disclosed figures reveals that EBITDA grew at a faster pace (10.4%) than top-line revenue (6.3%). This divergence suggests an expansion in operating margins, indicating that Technocraft successfully enhanced operational efficiency or benefited from favorable input costs during FY26. The profit growth of 11.4% further outpaced EBITDA growth, potentially driven by prudent financial management or lower interest costs, although specific interest expense figures were not detailed in the summary.

Governance and Resolutions

During the AGM, shareholders approved several key resolutions with overwhelming support. The scrutinizer's report confirmed that all six resolutions were passed. Notably, the resolution regarding transactions with AAIT/Technocraft Scaffold Distribution LLC FZE saw promoters abstain from voting due to their interest in the matter, while public shareholders voted 98.63% in favour.

• Adoption of Audited Standalone & Consolidated Financial Statements for FY26 (Passed with 99.90% votes in favour).
• Re-appointment of Mr. Navneet Kumar Saraf as Director retiring by rotation (Passed with 99.90% votes in favour).
• Re-appointment of Mr. Ashish Kumar Saraf as Director retiring by rotation (Passed with 99.90% votes in favour).
• Ratification of remuneration for Cost Auditors M/s. NKJ & Associates for FY27 (Passed with 99.90% votes in favour).
• Approval for transactions with AAIT/Technocraft Scaffold Distribution LLC FZE, a step-down subsidiary (Passed with 98.63% votes in favour among eligible voters).
• Approval to grant loans or provide security to Techno Defence Private Limited (Passed with 99.90% votes in favour).

The Statutory Auditors confirmed that the financial statements contain no qualifications or adverse remarks, and the Secretarial Audit Report also reported no observations.