The gaming and casino firm said that the re-appointment is subject to approval of shareholders.
Kapadia has been managing director of Delta Corp since April 2009. Under his leadership the company has grown manifold. He has significant experience across sectors such as gaming, hospitality, real estate, paints, textiles, financial services and civil aviation.
Delta Corp is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. The company is engaged in diversified segments like casino gaming, online gaming, hospitality and real estate.
The company's consolidated net profit grew by 6.36% to Rs 51.17 crore on 4.05% increase in revenue to Rs 227.16 crore in Q4 FY23 over Q4 FY22.
Shares of Delta Corp declined 0.93% to Rs 245.95 on the BSE.
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