Latest news about Vamshi Rubber
Vamshi Rubber
40.50
-0.30(-0.74%)
Company Performance:
View Company Insights1D-0.74%
1M-6.03%
6M-15.09%
1Y-34.09%
5Y+108.76%
More news about Vamshi Rubber
26Sept 25
Vamshi Rubber Limited Approves Key Board Appointments and Leadership Changes at 31st AGM
Vamshi Rubber Limited held its 31st Annual General Meeting, approving significant changes to its board. Key decisions include regularizing Rajeev Reddy Yathapu as Independent Director, re-appointing Surendra Reddy Rachervu as Managing Director and Pasham Varun Kumar as Whole-Time Director for three-year terms, and changing Akhila Pushpa Sundari's role from Independent to Non-Executive Director. The AGM also addressed financial statements, related party transactions, and appointed a Secretarial Auditor. The company confirmed compliance with regulatory requirements regarding director appointments.
14Aug 25
Vamshi Rubber Limited Reports Q1 FY2026 Results, Schedules AGM
Vamshi Rubber Limited announced its Q1 FY2026 results, showing a 75.27% increase in net profit to ₹27.64 lakhs. Net sales rose marginally by 0.73% to ₹2,342.48 lakhs. EPS more than doubled to ₹0.76. The company's 31st AGM is scheduled for September 25, 2025, via video conferencing. Board approved Q1 results, Directors' Report, and changes in directorship. M. Ramesh Reddy, Chairman & CFO, attributed the growth to operational efficiency and cost management.
26Jul 25
Vamshi Rubber Reappoints Key Directors for Extended Terms
Vamshi Rubber Limited's Board of Directors has approved the reappointment of Mr. Surendra Reddy Rachervu as Managing Director and Mr. Varun Kumar Pasham as Whole-time Director for three-year terms starting July 1, 2025, subject to shareholder approval. Both executives hold B.Tech degrees in Chemical Engineering from IIT Mumbai and MMM in Marketing from JBIMS, with over 30 years of experience in the tyre retreading industry. The decision was made during a board meeting on July 26, 2025. The company confirmed that neither executive is debarred from holding directorial positions by SEBI or any other authority, and they are not related to any other board members.
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