StockWatch
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Electrodes & Refractories
Dividend29 Apr 2026, 04:10 pm

Ador Welding Recommends Final Dividend of ₹23 per Share

AI Summary

Ador Welding Ltd's Board of Directors, in its meeting held on April 29, 2026, recommended a final dividend of ₹23 (230%) per equity share with a face value of ₹10 each for the financial year 2025-26. The dividend payment is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for July 23, 2026, via video conferencing. The board also re-appointed Mr. Aditya T. Malkani as the Managing Director for a term of three consecutive years, effective from September 14, 2026, also subject to shareholder approval.

Key Highlights

  • Ador Welding recommends a final dividend of ₹23 per share (230%) for FY 2025-26.
  • AGM scheduled for July 23, 2026, via video conferencing.
  • Re-appointment of Mr. Aditya T. Malkani as Managing Director effective September 14, 2026, for 3 years.
  • Audited Financial Results (Standalone & Consolidated) for FY ended March 31, 2026, approved.
  • Statutory Auditors have issued Audit Report with unmodified opinion(s).