Board Meeting30 May 2026, 07:06 pm
Bhagwati Autocast Appoints Prakash Dalal as Additional Director
AI Summary
Bhagwati Autocast Ltd. announced the appointment of Mr. Prakash Dalal as an Additional Director (Non-Executive and Non-Independent) following a Board of Directors meeting on May 29, 2026. The board also approved the audited financial results for the quarter and year ended March 31, 2026, recommended a final dividend of ₹3.50 per share, and appointed M/s. TRS & Associates as the new Statutory Auditors for a 5-year term, subject to member approval. Additionally, M/s Mehta Sheth & Associates and M/s. Kiran J. Mehta & Co. were re-appointed as Internal Auditor and Cost Auditor, respectively, for the financial year 2026-27.
Key Highlights
- Prakash Dalal appointed as Additional Director (Non-Executive and Non-Independent).
- Final dividend of ₹3.50 per share recommended for FY26.
- TRS & Associates appointed as Statutory Auditors for 5 years, subject to approval.
- Audited financial results for FY26 approved with an unmodified opinion from auditors.
- Internal and Cost Auditors re-appointed for the financial year 2026-27.
Price Impact
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