Board Meeting27 May 2026, 06:22 pm
Acknit Industries Board Approves FY26 Results, 15% Dividend
AI Summary
Acknit Industries Ltd's board meeting on May 27, 2026, approved the audited standalone financial results for the quarter and financial year ended March 31, 2026. A final dividend of 15% (₹1.50 per share) for FY26 was recommended, subject to shareholder approval. Mr. Rajarshi Ghosh was re-appointed as an Independent Director for a second term of 5 years. Mr. Mukul Banerjee and Mr. Jadav Lal Mukherjee will cease to be Independent Directors on May 29, 2026. Trial production has started at the new garment factory, and commercial helmet production has commenced. Trial production of personal protective equipment has also begun.
Key Highlights
- Audited FY26 standalone financial results approved by the board.
- Final dividend of 15% (₹1.50 per share) recommended for FY26.
- Rajarshi Ghosh re-appointed as Independent Director for 5 years.
- Mukul Banerjee and Jadav Lal Mukherjee to cease as Independent Directors on May 29, 2026.
- Trial production started at new garment factory; helmet production commenced.
Price Impact
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