StockWatch
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Cement & Cement Products
Board Meeting20 May 2026, 05:42 pm

Kanoria Energy Board Approves FY26 Results, 1% Dividend

AI Summary

The Board of Directors of Kanoria Energy & Infrastructure Ltd approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a dividend of 1% (₹0.05 per share) for FY26, subject to shareholder approval. The board also approved a 5% dividend on Redeemable Preference Shares. Several appointments were made, including Mr. Rakesh Saxena as Internal Auditor, M/s Vivek Laddha & Associates as Cost Auditor, and Mrs. Stuti Kacker as an Additional (Independent) Director. Mrs. Priyadarshinee Kanoria resigned as Whole Time Director, while Mr. Anish Kanoria was appointed as an Additional Director and Mr. Rajiv Lall Adya was re-appointed as Whole Time Director.

Key Highlights

  • Approved audited financial results for the quarter and year ended March 31, 2026.
  • Recommended a dividend of 1% i.e. ₹0.05 per share for FY26, subject to approval.
  • Approved 5% dividend p.a. on Redeemable Preference Shares.
  • Appointed Mr. Rakesh Saxena as Internal Auditor for FY27.
  • Appointed Mrs. Stuti Kacker as an Additional (Independent) Director.