Dividend12 Aug 2026, 04:51 pm
Akar Auto Recommends 6% Dividend for FY26
AI Summary
Akar Auto Industries Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a total income of ₹7,819.68 Lakhs and a profit before tax of ₹47.05 Lakhs. The Board of Directors has recommended a dividend of 6%, amounting to ₹0.30 per equity share of ₹5 face value, for the financial year 2025-26, subject to shareholder approval. Additionally, the Board approved the re-appointment of M/s Singh Mundada & Associates as Statutory Auditors for a second consecutive five-year term. The 37th Annual General Meeting is scheduled for September 29, 2026.
Key Highlights
- Board recommends 6% dividend (₹0.30 per share) for FY25-26.
- Unaudited Q1 FY27 results declared with ₹7,819.68 Lakhs total income.
- Statutory Auditors re-appointed for a five-year term.
- 37th AGM scheduled for September 29, 2026, via VC/OAVM.
Price Impact
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