The Board of Directors of Divgi Torq Transfer Systems Limited, at their meeting held on March 25, 2026, officially noted and accepted the resignation of Mr. Pulak Das from his position as Chief Information Officer and Senior Management Personnel. Mr. Das’s departure, effective from the close of business hours on March 25, 2026, was attributed to his decision to pursue other professional interests. The management had previously accepted his resignation on March 23, 2026, with formal notification provided to stock exchanges on March 24, 2026.

Divgi Torq Transfer Systems Limited is a prominent Indian automotive component manufacturer specializing in system-level transfer cases, torque couplers, and transmission solutions. The company serves major domestic and global OEMs, including Mahindra & Mahindra, Tata Motors, and BorgWarner. In 2025, the company highlighted significant milestones, including receiving the “Mahindra Special Appreciation Award” in February and participating in the Bharat Mobility Global Expo 2025 to showcase its electric vehicle (EV) transmissions and legacy 4WD products. Furthermore, the company secured a substantial multi-year contract from Toyota Tsusho India for transfer cases, valued at approximately ₹620 million (₹62 crore) in lifecycle revenue.

For the quarter ended December 31, 2025 (Q3 FY2025-26), Divgi Torq Transfer Systems reported a total income of ₹963 million (₹96.3 crore), representing a 67.54% increase from ₹575 million in the corresponding quarter of the previous year. Net profit for the same period surged by 124.62% to ₹118 million (₹11.8 crore) from ₹52 million year-on-year. On a sequential basis, revenue grew by 8.98% from ₹883 million in Q2 FY26, while net profit increased by 9.49% from ₹108 million. The company’s growth was primarily driven by its Transfer Case segment, which grew 97% year-on-year, and a 124% jump in its export-led components business. Notable institutional coverage includes analysts from Centrum Broking Limited.

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