Dividend25 May 2026, 05:51 pm
Asian Star: Dividend of ₹1.50 Recommended, Remuneration Revised
AI Summary
Asian Star Company Ltd. approved audited financial statements for the year ended March 31, 2026, and recommended a dividend of ₹1.50 per equity share. The board also approved revisions in remuneration for Mr. Vipul Shah, CEO & Managing Director, from ₹1.75 Crs to ₹1.00 Crs, and for Mr. Arvind Shah, CFO & Wholetime Director, from ₹1.25 Crs to ₹1.00 Crs.
Key Highlights
- Audited financial statements (Consolidated & Standalone) approved for FY26.
- Dividend of ₹1.50 per share recommended for FY26.
- Vipul Shah's remuneration revised from ₹1.75 Crs to ₹1.00 Crs.
- Arvind Shah's remuneration revised from ₹1.25 Crs to ₹1.00 Crs.
- Auditors issued an Unmodified Audit Report on Standalone and Consolidated Financial Statements for FY26.
Price Impact
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