StockWatch
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Logistics Solution Provider
Dividend14 Aug 2026, 08:32 pm

AVG Logistics Recommends Final Dividend of ₹1.2 Per Share

AI Summary

AVG Logistics Limited announced that its Board of Directors, in a meeting held on August 14, 2026, approved the recommendation of a final dividend of ₹1.2 per equity share for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also approved the un-audited financial results for the quarter ended June 30, 2026, along with limited review reports. Other key decisions included the re-appointment of internal auditors, continuation of an independent director's directorship post-75 years, appointment of a new whole-time director, an increase in authorized share capital, and the introduction of an Employee Stock Option Scheme.

Key Highlights

  • Board recommends final dividend of ₹1.2 per equity share.
  • Dividend payout is contingent on shareholder approval at the AGM.
  • Un-audited financial results for Q1 FY27 were approved.
  • Company plans to increase authorized share capital to ₹25 Crore.
  • New Employee Stock Option Scheme 2026 approved.