Board appoints Additional Non-Executive Director, revises CFO remuneration; approves Q1 results

Board approved the appointment of Mr. Amit Jawahar Hemrajani as an Additional Director (Non-Executive) for a five-year term from October 6, 2026, and a revision in the remuneration of CFO Mr. Sanjay Sawant from April 1, 2026.

Tue 6 Oct 2026

Consolidated revenue from operations

₹ 1,074.48 Million

Consolidated profit for the period

₹ 172.95 Million

Consolidated basic and diluted EPS

2.04

Leadership and management changes

• Mr. Amit Jawahar Hemrajani (DIN: 07206907) has been appointed as an Additional Director in the Non-Executive category of the Board, with effect from October 6, 2026.
• The appointment is for a term of five consecutive years, subject to approval by the shareholders of the company.
• His appointment is not liable to determination by retirement of directors by rotation.
• He is a graduate in Architecture from the Royal Institute of British Architects (UK) and has over 9 years of experience in the facade and fenestration industry, having held senior positions during his professional career.
• He is related to the promoters and promoter group: he is the son of Jawahar Hemrajani, Director, and the brother of Eshan Hemrajani, Director.
• The Board also approved a revision in the remuneration payable to Mr. Sanjay Sawant, Chief Financial Officer, with effect from April 01, 2026, as recommended by the Nomination and Remuneration Committee.
• The Board meeting commenced at 05:45 P.M. (IST) and concluded at 06.30 P.M. (IST).

Financial results for the quarter

• The Board approved the unaudited standalone and consolidated financial results of the company for the quarter ended June 30, 2026.
• The results were reviewed and recommended by the audit committee and carry a limited review report from the statutory auditors; the report does not contain any qualification.
• Consolidated revenue from operations: ₹ 1,074.48 Million, against ₹ 791.19 Million for the quarter ended June 30, 2025.
• Consolidated profit for the period: ₹ 172.95 Million, against ₹ 187.31 Million for the quarter ended June 30, 2025.
• Consolidated basic and diluted earnings per share: 2.04, against 2.21 for the quarter ended June 30, 2025.
• The results are being submitted to the stock exchanges and will also be available on the company's website.

Other updates carried in the update

• Subsequent to the quarter, the company completed its initial public offering and its equity shares were listed on the National Stock Exchange of India Limited and the BSE Limited on 16 September 2026.
• The group has an Employee Stock Option Plan 2025 in place.
• The company acquired the entire paid-up equity share capital of Yes Systems Private Limited, a business of installation of fenestration in commercial and residential properties, and the transaction has been accounted as a common control business combination.
• The company incorporated a wholly owned subsidiary, PP Vitrum Systema Technologies Private Limited, on 8 July 2026.
• A Maharashtra VAT and Central Sales Tax assessment matter relating to earlier years is pending before the Bombay High Court.

What this update contains

• A change at the Board level in the non-executive category, a revision in the Chief Financial Officer's remuneration, and the company's unaudited standalone and consolidated results for the quarter ended June 30, 2026.

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