Dividend9 May 2026, 02:31 pm
Advanced Enzyme Recommends Final Dividend of ₹1.35
AI Summary
Advanced Enzyme Technologies Ltd's board has recommended a final dividend of ₹1.35 per equity share (67.5%) for FY26, subject to shareholder approval at the AGM. The board decided to defer the declaration of an interim dividend to preserve capital for strategic opportunities. The board also approved the reappointment of Mr. Mukund Madhusudan Kabra as Whole Time Director and the appointment of Mr. Pradip Bhailal Shah as an Additional Director (Independent). Additionally, MSKA & Associates LLP were reappointed as Statutory Auditors.
Key Highlights
- Final dividend of ₹1.35 per share (67.5%) recommended for FY26, pending shareholder approval.
- Interim dividend declaration deferred to preserve capital for strategic opportunities.
- Mukund Madhusudan Kabra re-appointed as Whole Time Director for 5 years.
- Pradip Bhailal Shah appointed as Additional Director (Independent) for 5 years.
- MSKA & Associates LLP reappointed as Statutory Auditors for five years.
Price Impact
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