Board Meeting22 Apr 2026, 03:17 pm
Amal Ltd Recommends 15% Final Dividend; Directors Reappointed
AI Summary
Amal Ltd's Board of Directors has recommended a final dividend of 15% (₹1.50 per share) for the year ended March 31, 2026, subject to shareholder approval at the AGM on August 14, 2026. The Register of Members and Share Transfer Books will be closed from August 1 to August 7, 2026, for dividend eligibility. The board also reappointed Mr. Rajeev Kumar as Managing Director and Mr. Jyotin Mehta as an Independent Director, both for five-year terms, subject to member approval.
Key Highlights
- Amal Ltd proposes a final dividend of 15% (₹1.50 per share) for FY26, pending shareholder approval.
- Register of Members closed August 1-7, 2026, for dividend eligibility.
- Rajeev Kumar reappointed as Managing Director effective March 24, 2027, for five years.
- Jyotin Mehta reappointed as Independent Director effective April 22, 2027, for five years.
- Auditor's reports on standalone and consolidated financial results are unmodified.
Price Impact
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