StockWatch
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Plastic Products - Industrial
Dividend18 May 2026, 05:11 pm

Astral Recommends Final Dividend of ₹2.50 Per Share

AI Summary

The Board of Directors of Astral Ltd, in its meeting held on May 18, 2026, recommended a final dividend of ₹2.50 per equity share of ₹1 each for the year ended March 31, 2026, subject to the approval of members at the upcoming Annual General Meeting. The board also approved the re-appointment of Mr. Sandeep Engineer as Managing Director for a term of five years, effective April 1, 2027, also subject to member approval. The meeting also approved the audited financial results for the quarter and year ended March 31, 2026.

Key Highlights

  • Astral recommends a final dividend of ₹2.50 per share.
  • Sandeep Engineer re-appointed as Managing Director effective April 1, 2027.
  • Audited financial results for FY26 approved with unmodified opinion.
  • AGM date and dividend payment details to be announced later.