Albert David: Amit Mahla Appointed CEO, Dividend of ₹5.00 Recommended

Albert David Ltd's board meeting on May 12, 2026, saw the appointment of Amit Mahla as CEO, effective the same day, following Umesh Manohar Kunte's resignation. The board approved audited financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion from L. B. Jha & Co. A final dividend of ₹5.00 per share (50%) was recommended, pending shareholder approval at the AGM scheduled for August 6, 2026. The record date for the dividend is set for July 30, 2026. PricewaterhouseCoopers Services LLP and S. Gupta & Co. were re-appointed as Internal Auditors and Cost Auditors, respectively, for FY 2026-27.