StockWatch
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Plastic Products - Industrial
Dividend18 May 2026, 04:25 pm

Astral Ltd Approves FY26 Results, ₹2.50 Dividend

AI Summary

Astral Ltd's Board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹2.50 per equity share, subject to member approval. The board also approved the re-appointment of Mr. Sandeep Engineer as Managing Director for five years, effective April 1, 2027, also subject to member approval. The meeting concluded at 03:40 P.M. on May 18, 2026.

Key Highlights

  • Audited financial results for FY26 approved with unmodified audit opinion.
  • Final dividend of ₹2.50 per share recommended for FY26.
  • Sandeep Engineer re-appointed as Managing Director effective April 1, 2027.
  • Re-appointment is for a five-year term, subject to shareholder approval.