DISA India Limited Announces Resignation of Non-Executive Director Anders Wilhjelm

1 min read     Updated on 24 Feb 2026, 03:48 PM
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Reviewed by
Jubin VScanX News Team
Overview

DISA India Limited has announced the resignation of Non-Executive Non-Independent Director Mr. Anders Wilhjelm, effective February 28, 2026. The resignation is directly linked to his departure as President and CEO from Norican Group, the holding company. The company has completed all required regulatory filings under SEBI Listing Regulations, with the director confirming no other material reasons for his departure.

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*this image is generated using AI for illustrative purposes only.

DISA India Limited has announced the resignation of Mr. Anders Wilhjelm from his position as Non-Executive Non-Independent Director, effective February 28, 2026. The resignation comes as a direct result of his departure from Norican Group, the holding company, where he served as President and CEO.

Regulatory Compliance and Documentation

The company has fulfilled its regulatory obligations by submitting the required intimation to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was signed by Company Secretary and Compliance Officer Shrithee M S on February 24, 2026.

Parameter Details
Director Name Mr. Anders Wilhjelm
DIN 08507772
Position Non-Executive Non-Independent Director
Effective Date February 28, 2026
Reason Resignation from Norican Group as President and CEO

Director's Resignation Statement

In his resignation letter addressed to the Board of Directors, Mr. Wilhjelm confirmed that his departure is solely due to his resignation from Norican Group services. He explicitly stated that there are no other material reasons for his resignation beyond the mentioned cause. The director expressed gratitude to board members, senior management, and employees for their support during his tenure.

Regulatory Disclosures

As per SEBI requirements, the company has provided comprehensive details in Annexure A, covering all mandatory disclosure parameters. The documentation confirms that several standard disclosure requirements are not applicable in this case, including brief profile details, relationship disclosures between directors, and independent director confirmations, as these pertain specifically to appointments rather than resignations.

Company Information

DISA India Limited operates from its registered and corporate office located at World Trade Center, Brigade Gateway Campus in Bangalore. The company maintains regional sales offices in New Delhi, Kolkata, and Pune, along with a manufacturing facility in Tumkur, Karnataka. The resignation represents a change in the company's board composition as it continues its operations under the Norican Group umbrella.

Historical Stock Returns for DISA

1 Day5 Days1 Month6 Months1 Year5 Years
-1.15%+2.16%+6.79%-9.65%-15.05%+197.75%

DISA India Q3 Results: Net Profit Surges 52%, EBITDA Jumps 80% YoY

1 min read     Updated on 05 Feb 2026, 07:01 PM
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Reviewed by
Shriram SScanX News Team
Overview

DISA India reported outstanding Q3 financial results with consolidated net profit increasing 52% year-on-year to ₹152 million from ₹100 million. The company achieved strong revenue growth of 30% to ₹1.29 billion and exceptional EBITDA performance with 80% growth to ₹218 million, while EBITDA margin expanded significantly to 16.95% from 12.19%, demonstrating improved operational efficiency and cost management.

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DISA India has announced strong financial results for Q3, demonstrating significant growth across key performance metrics. The company's consolidated financial performance showed marked improvement compared to the corresponding quarter of the previous year, with substantial gains in profitability, revenue, and operational efficiency.

Financial Performance Highlights

The company's Q3 results revealed substantial growth in profitability and revenue generation. DISA India's consolidated net profit reached ₹152 million, representing a notable increase from ₹100 million recorded in Q3 of the previous year. This translates to an impressive 52% year-on-year growth in net profit.

Financial Metric: Q3 Current Year Q3 Previous Year Growth (%)
Consolidated Net Profit: ₹152 million ₹100 million +52%
Revenue: ₹1.29 billion ₹993 million +30%
EBITDA: ₹218 million ₹121 million +80%
EBITDA Margin: 16.95% 12.19% +477 bps

EBITDA Performance Shows Strong Operational Efficiency

DISA India's operational performance demonstrated exceptional improvement with EBITDA reaching ₹218 million in Q3, compared to ₹121 million in the corresponding quarter of the previous year. This represents an impressive 80% year-on-year growth in EBITDA, significantly outpacing revenue growth and indicating enhanced operational leverage.

The company's EBITDA margin expanded substantially to 16.95% from 12.19% in the previous year's Q3, marking an improvement of 477 basis points. This margin expansion reflects the company's ability to optimize costs and improve operational efficiency while scaling its business operations.

Revenue Growth Momentum

The company's revenue performance complemented its profit growth, with total revenue reaching ₹1.29 billion in Q3. This represents a significant 30% increase compared to ₹993 million generated in the same quarter of the previous year. The revenue expansion indicates strong business fundamentals and market demand for the company's offerings.

Performance Analysis

The financial results demonstrate DISA India's ability to achieve substantial growth across all key financial metrics. The 52% increase in net profit, coupled with 30% revenue growth and 80% EBITDA expansion, suggests significantly improved operational efficiency and effective cost management during the quarter. The substantial EBITDA margin improvement from 12.19% to 16.95% highlights the company's enhanced profitability profile and strengthened market position in its operating segments.

Historical Stock Returns for DISA

1 Day5 Days1 Month6 Months1 Year5 Years
-1.15%+2.16%+6.79%-9.65%-15.05%+197.75%

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1 Year Returns:-15.05%