Dividend29 May 2026, 12:08 am
Banco Products Board Approves FY26 Results, Recommends ₹8 Dividend
AI Summary
The Board of Directors of Banco Products (India) Limited, at its meeting on May 28, 2026, approved the Standalone and Consolidated Audited Financial Results for the financial year ended March 31, 2026, with an unmodified audit opinion. The Board also recommended a final dividend of 400% (₹8 per equity share of ₹2 each) for FY 2025-26, subject to shareholder approval at the forthcoming Annual General Meeting. Additionally, Mr. Sachinkumar Sureshbhai Dalwadi was appointed as the Company Secretary (Key Managerial Personnel) effective May 28, 2026. The company also updated its Key Managerial Personnel information for disclosure purposes.
Key Highlights
- Board approved FY26 Standalone and Consolidated Audited Financial Results.
- Statutory Auditors provided an unmodified opinion on the financial results.
- Recommended a final dividend of ₹8 per equity share for FY2025-26.
- Mr. Sachinkumar Sureshbhai Dalwadi appointed as the new Company Secretary.
- KMP information updated for materiality and disclosure compliance.
Price Impact
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