Latest news about Mindteck
Mindteck
207.96
+5.03(+2.48%)
Company Performance:
View Company Insights1D+2.48%
1M+14.01%
6M-14.61%
1Y-7.88%
5Y+408.21%
More news about Mindteck
17Mar 26
Mindteck (India) Limited Announces Postal Ballot Results with Overwhelming Shareholder Approval
Mindteck (India) Limited announced overwhelming shareholder approval in its postal ballot results filed on March 17, 2026, with 99.9977% votes supporting the appointment of Mr. Karim Dhanani as CEO of wholly owned subsidiary Mindteck, Inc. The related party transaction secured complete promoter group unanimity and 99.98% public shareholder support, with 76 folios participating in the e-voting process conducted through CDSL platform.
03Mar 26
Mindteck Shareholders Overwhelmingly Approve Javed Gaya's Director Appointment
Mindteck (India) Limited successfully concluded its postal ballot process with shareholders overwhelmingly approving the appointment of Mr. Javed Gaya as Non-Executive Director. The resolution received 99.9962% approval with 23,275,247 votes polled across 91 folios, demonstrating strong support from both promoter and public shareholders in compliance with regulatory requirements.
06Feb 26
Mindteck Q3FY26 Results: Net Profit Declines 34% YoY; Appoints Karim Dhanani as CEO
Mindteck (India) Limited announced Q3FY26 results showing mixed performance with standalone revenue growing 7.1% to Rs 3,843 lakhs but net profit declining 34% to Rs 217 lakhs due to exceptional charges from new Labour Codes implementation. The company also appointed experienced BFSI executive Mr. Karim Dhanani as Chief Executive Officer to strengthen leadership and drive future growth initiatives.
06Feb 26
Mindteck Appoints Karim Dhanani as CEO and Revises Committee Composition
Mindteck (India) Limited appointed Mr. Karim Dhanani as Chief Executive Officer for a three-year term effective February 06, 2026, subject to employment visa and shareholder approvals. Dhanani, who currently leads Mindteck Inc., USA, brings over 30 years of experience in strategic solutions and financial planning from organizations including RGP, Assurant, and AIG. The company also restructured its Nomination and Remuneration Committee with Ms. Keyuri Singh as Chairperson and four other members, effective February 07, 2026.
01Feb 26
Mindteck Issues Postal Ballot Notice for Director Appointment Through E-Voting
Mindteck (India) Limited has issued a comprehensive postal ballot notice for shareholder approval of Mr. Javed Gaya's appointment as Non-Executive Director. The 70-year-old lawyer with over 40 years of experience and an Oxford University law degree was initially appointed as Additional Director on December 05, 2025. The e-voting process facilitated by CDSL runs from February 02 to March 03, 2026, with multiple access methods for different shareholder categories.
02Jan 26
Mindteck VP Sales Jigar Vasani Resigns Effective February 28, 2026
Mindteck (India) Limited announced the resignation of Vice President - Sales Jigar Vasani, effective February 28, 2026. Submitted on January 02, 2026, the resignation cites pursuit of interests outside the organization as the reason. The company has complied with SEBI Listing Regulations by informing BSE and NSE about this senior management change, with Vasani confirming no other reasons for departure beyond those stated.
05Dec 25
Mindteck India Appoints Javed Gaya as Non-Executive Chairman
Mindteck (India) Limited has appointed Mr. Javed Gaya as Additional Director and Non-Executive Chairman, effective December 05, 2025. Mr. Gaya, a practicing civil lawyer with international experience, brings expertise in corporate law and cross-border transactions. He has worked with multinational corporations and founded his own law firm. Mr. Gaya holds a law degree from Oxford University and is a member of the Honorable Society of Lincoln's Inn, London. This appointment comes as Mindteck reports strong financial growth, with total assets increasing by 16.77% to ₹321.70 crores in FY 2025.
15Nov 25
Mindteck (India) Limited's Chairman and Managing Director Yusuf Lanewala Steps Down
Yusuf Lanewala, Chairman and Managing Director of Mindteck (India) Limited, has resigned from his position citing personal reasons. His last working day will be November 15, 2025. The company disclosed this information in compliance with SEBI regulations. Lanewala's departure marks a significant change in Mindteck's top management structure, potentially leading to a transition period as the company seeks new leadership. No successor or interim arrangement has been announced yet.
12Nov 25
Mindteck Reports Steady Q2 Results with Consolidated Revenue at Rs 101.63 Crore
Mindteck (India) Limited announced its Q2 FY2026 results. Consolidated revenue was Rs 101.63 crore, slightly up from Q1 FY2026. Net profit stood at Rs 7.56 crore. Half-year consolidated revenue decreased to Rs 202.93 crore, but profit increased by 16.9% to Rs 16.31 crore. The company experienced leadership transitions but implemented a transition plan to ensure continuity. Mindteck focused on enhancing profitability, streamlining costs, and expanding higher-margin revenue streams.
19Sept 25
Mindteck India Shareholders Overwhelmingly Approve Yusuf Lanewala as Chairman and Managing Director
Mindteck (India) Limited shareholders have overwhelmingly approved the appointment of Yusuf Lanewala as the new Chairman and Managing Director. The special resolution passed with 99.99% votes in favor through a postal ballot and e-voting process. Out of 23,402,223 total votes polled, 23,399,247 were in favor and only 2,976 against. The voting process, conducted entirely electronically, saw participation from 152 out of 32,781 shareholders. The scrutinizer's report confirmed the resolution's passage with the required majority.
19Aug 25
Mindteck (India) Limited Seeks Shareholder Approval for Yusuf Lanewala's Appointment as Chairman and Managing Director
Mindteck (India) Limited has initiated a postal ballot for shareholder approval to appoint Yusuf Lanewala as Chairman and Managing Director for a one-year term from August 8, 2025, to August 7, 2026. The proposed remuneration includes a fixed pay of Rs. 1.50 crore per annum. E-voting will run from August 21 to September 19, 2025. Lanewala, 71, brings over four decades of IT industry experience. Mindteck's financial performance shows growth, with turnover increasing from Rs. 1,295.10 million in FY 2022-23 to Rs. 1,550.90 million in FY 2024-25.
07Aug 25
Mindteck Appoints Yusuf Lanewala as Chairman and Managing Director Amid Q1 Financial Results
Mindteck Ltd has appointed Yusuf Lanewala as Chairman and Managing Director, effective August 8, 2025. For Q1 FY2025-26, the company reported consolidated revenue of Rs. 101.30 crore, down from Rs. 108.15 crore in Q1 FY2024-25. However, net profit after tax increased to Rs. 8.75 crore, up 37.15% year-over-year. Despite revenue challenges, the company improved profitability through financial prudence and better resource utilization. Changes in the Nomination and Remuneration Committee were also announced.
07Aug 25
Mindteck India Reports Mixed Q1 FY2026 Results: Net Profit Up 37% Despite Revenue Decline
Mindteck, a global engineering and technology solutions company, reported a 37.15% increase in consolidated net profit to ₹8.75 crore for Q1 FY2026, despite a 6.33% decline in consolidated revenue to ₹101.30 crore. The company's standalone net profit grew by 20.73% to ₹4.66 crore, while standalone revenue fell by 15.18% to ₹35.15 crore. Consolidated EPS (Basic) improved by 34.98% to ₹2.74. The company also announced the appointment of Mr. Yusuf Lanewala as Chairman and Managing Director, effective August 8, 2025.
23May 25
Mindteck (India) Reports Q4 Profit Growth, Revenue Up 8.74% YoY with Improved EBITDA
Mindteck (India) Limited announced its Q4 financial results, showing growth in both profit and revenue. The company's consolidated net profit increased by 9.72% to ₹7.90 crore, while revenue rose by 8.74% to ₹105.80 crore compared to the same quarter last year. EBITDA improved to ₹8.60 crore with a margin of 8.13%. For the full fiscal year, Mindteck reported a 14.49% increase in annual revenue to ₹385.50 crore and a 31.25% rise in net profit to ₹27.30 crore.
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