
Dividend22 May 2026, 02:43 pm
3M India: FY26 Dividend of ₹506 Per Share
AI Summary
3M India Ltd's board approved the audited financial results for the fourth quarter and financial year ended March 31, 2026. They recommended a dividend of ₹506 per equity share (face value of ₹10 each), comprising a final dividend of ₹160 and a special dividend of ₹346 per share, subject to shareholder approval at the AGM in August 2026. The record date for dividend entitlement is fixed as July 17, 2026. Ms. Radhika Rajan ceased to be an Independent Director, and Ms. Kavita Nair was appointed as an Additional Director. Mr. Dwarakanath Ranganath Mavinakere was appointed as the Chairman of the Board.
Key Highlights
- Audited financial results for FY26 approved with unmodified opinion.
- Dividend of ₹506 per share recommended, pending shareholder approval.
- Radhika Rajan retires as Independent Director on May 26, 2026.
- Kavita Nair appointed as Additional Independent Director effective May 27, 2026.
- Dwarakanath Ranganath Mavinakere appointed Chairman of the Board from May 27, 2026.
Price Impact
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