Board Meeting13 Aug 2026, 06:53 pm
Alicon Castalloy Board Appoints New Director, Recommends Dividend
AI Summary
Alicon Castalloy Ltd's Board of Directors convened today, appointing Mr. Anantakrishnan Krishna as an Additional Independent Director effective August 13, 2026, and as Chairman of the Audit Committee. The board also approved unaudited financial results for Q1 FY26 and recommended a final dividend of ₹3 per share, bringing the total dividend for FY25-26 to ₹5 per share. Mr. Ajay S. Patil resigned as Director and Chairman of the Audit Committee on the same date. The company also announced the 36th AGM on September 28, 2026, and the book closure dates for dividend entitlement.
Key Highlights
- New Independent Director Anantakrishnan Krishna appointed.
- Final dividend of ₹3 per share recommended for FY25-26.
- Unaudited Q1 FY26 financial results approved.
- Director Ajay S. Patil resigns; Audit Committee Chair role changes.
Price Impact
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