Board Meeting29 May 2026, 08:14 pm
Narmada Agrobase Approves Audited Financial Results for FY26
AI Summary
Narmada Agrobase Ltd's board meeting on May 29, 2026, approved the audited financial results for the fourth quarter and year ended March 31, 2026. The board also approved a stock split of one equity share of ₹10 into two shares of ₹5 each, subject to shareholder and regulatory approvals. Additionally, the capital clause of the Memorandum of Association was altered to reflect the stock split, changing the authorized share capital to ₹38,00,00,000 divided into 7,60,00,000 equity shares of ₹5 each.
Key Highlights
- Audited financial results for Q4 and FY26 approved by the board.
- Stock split of 1 equity share of ₹10 into 2 shares of ₹5 approved, pending approvals.
- Capital clause of Memorandum of Association altered to reflect stock split.
- No default on loans and debt securities confirmed.
- Declaration on Unmodified Opinion on the said Financial Results.