Board Meeting18 May 2026, 04:04 pm
Astral Ltd Approves FY26 Results, ₹2.50 Dividend
AI Summary
Astral Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹2.50 per equity share, subject to member approval. Mr. Sandeep Engineer was re-appointed as Managing Director for five years, effective April 1, 2027, also pending member approval. The board meeting commenced at 02:45 P.M. and concluded at 03:40 P.M.
Key Highlights
- Audited financial results (standalone & consolidated) for FY26 approved with unmodified audit opinion.
- Final dividend of ₹2.50 per share recommended for FY26, pending shareholder approval.
- Sandeep Engineer re-appointed as Managing Director from April 1, 2027, to March 31, 2032, subject to member approval.
- Re-appointment complies with SEBI regulations; Sandeep Engineer is not debarred from holding office.
Price Impact
More from ASTRAL