Samkrg Pistons & Rings , a prominent player in the automotive components industry, has announced a significant change in its board composition. Ms. Rishita Nama (DIN: 07143463) has retired from the company's Board of Directors, effective September 22, 2025, upon completing her tenure as a Non-Executive and Independent Director.

Board Change Details

The company communicated this development to the BSE Limited through a regulatory filing signed by Company Secretary Dinker Mishra. According to the filing, Ms. Nama's retirement is in line with the completion of her designated tenure on the board.

Regulatory Compliance

In adherence to the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 30 read with clause 7 of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Samkrg Pistons & Rings Limited provided the following details:

Company Background

Samkrg Pistons & Rings Limited, with its registered office in Hyderabad, is known for its production of pistons and rings for the automotive industry. The company has manufacturing facilities in various locations including Sangareddy district of Telangana and Srikakulam district of Andhra Pradesh.

This board change marks a transition in the company's leadership structure, and stakeholders will be keen to observe any subsequent appointments or changes in the wake of Ms. Nama's retirement.

Samkrg Pistons & Rings Limited, a prominent manufacturer of automobile components, has reported robust financial results for the first quarter ended June 30, 2025, alongside significant changes to its board composition.

Strong Financial Performance

The company witnessed a substantial growth in its quarterly performance:

Samkrg Pistons & Rings' revenue from operations grew by 11.7% year-on-year to Rs. 63.97 crore for the quarter ended June 30, 2025. The company's net profit surged by an impressive 52.8% to Rs. 2.88 crore, compared to Rs. 1.88 crore in the same period last year. This strong performance was reflected in the earnings per share, which improved to Rs. 2.93 from Rs. 1.92 in the corresponding quarter of the previous year.

Board Appointment and Committee Restructuring

In a significant move, the company's Board of Directors appointed Mr. Vetukuri Venkata Ramana Raju as an Additional Director in the Non-Executive and Independent category. This appointment, effective August 11, 2025, is subject to shareholder approval at the upcoming 39th Annual General Meeting.

Mr. Raju brings valuable experience to the board, holding a Master of Business Administration degree from the UK, obtained in 2007. He has approximately 17 years of experience in finance, management, and business administration.

Following this appointment, Samkrg Pistons & Rings has restructured its board committees:

1. Audit Committee: Now chaired by Mr. Vetukuri Venkata Ramana Raju
2. Nomination and Remuneration Committee: Chaired by Mrs. Sirisha Ramaraju
3. Stakeholders Relationship Committee: Led by Mr. Vetukuri Venkata Ramana Raju
4. Risk Management Committee: Headed by Mr. S. Karunakar, the Chairman and Managing Director
5. Corporate Social Responsibility Committee: Chaired by Mr. S. Kishore, Whole Time Director

Management Commentary

The company's management expressed satisfaction with the quarterly results, highlighting the strong growth in both revenue and profitability. They attributed the performance to improved operational efficiency and robust demand for automobile components.

Samkrg Pistons & Rings Limited continues to focus on manufacturing high-quality automobile components, maintaining its position as a key player in the industry. The company's financial results and strategic board changes reflect its commitment to growth and corporate governance.

Investors and stakeholders will be keenly watching the company's performance in the coming quarters, as well as the impact of the recent board restructuring on its long-term strategy and operations.