MTAR Technologies Limited announced the outcome of its Board of Directors meeting held on January 29, 2026. The board approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with the limited review report for the same period. The company also accepted the resignation of Ms. Naina Singh as Company Secretary and Compliance Officer, effective January 20, 2026. Subsequently, Ms. Priyanka Agarwal has been appointed as the new Company Secretary and Compliance Officer, effective February 02, 2026. Ms. Agarwal is a qualified Company Secretary with over 4 years of experience in corporate governance and secretarial services. Furthermore, the board approved an increase in the company's borrowing powers and limits for disposing of assets or creating security, subject to shareholder approval via postal ballot. A notice for this postal ballot and a calendar of events were also approved. Additionally, the Internal Complaints Committee (ICC) has been reconstituted effective February 02, 2026, and a revision in commission for Independent Directors, subject to member approval, was also cleared. The financial results for the quarter ended December 31, 2025, show total revenue from operations of ₹2,803.65 million (₹280.36 crore) and a net profit of ₹346.89 million (₹34.69 crore) on a consolidated basis. The standalone results show total revenue from operations of ₹2,804.61 million (₹280.46 crore) and a net profit of ₹351.68 million (₹35.17 crore). An exceptional item of ₹37.67 million (₹3.77 crore) was recognized due to the statutory impact of new Labour Codes. The Board also noted the ongoing process for the merger of its wholly-owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, into the holding company.
