Benares Hotels Board recommends 250% dividend, approves FY26 results
The Board of Directors of Benares Hotels Ltd, at its meeting on April 29, 2026, approved the audited financial statements for the fiscal year ended March 31, 2026, with an unmodified opinion from statutory auditors PKF Sridhar & Santhanam LLP. The board recommended a dividend of 250%, equivalent to Rs. 25/- per equity share, for FY26, subject to shareholder approval. This matches the previous year's dividend. Additionally, the board approved the appointment of Mr. Rajendra Misra as an Additional Non-executive, Non-Independent Director and Mr. Anupam Chaturvedi as an Additional Non-executive, Independent Director for a 5-year term, both effective April 29, 2026, subject to shareholder approval for Mr. Chaturvedi. The resignation of Mr. Beejal Desai as a Non-executive, Non-Independent Director was also noted.
Key Highlights
- Board approved audited financial results for FY ended March 31, 2026.
- Recommended a 250% dividend (Rs. 25/- per share) for FY26.
- Statutory auditors issued an unmodified opinion on financial statements.
- Appointed Mr. Rajendra Misra and Mr. Anupam Chaturvedi as directors.
- Noted the resignation of Mr. Beejal Desai from the board.
Price Impact
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