The board has further delegated the finance committee of the company to do deeds.
Shares of Balkrishna Industries rose 0.25% to Rs 2,654.60 in Fridays trade.
Balkrishna Industries is a tire manufacturing company. The company manufactures off-highway tires used in specialist segments like mining, earthmoving, agriculture and gardening. Balkrishna Industries consolidated net profit surged 151.3% to Rs 330.56 crore on a 91.3% jump in net sales to Rs 1,802.87 crore in Q1 FY22 over Q1 FY21.
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