StockWatch
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Castings & Forgings
Dividend30 May 2026, 06:42 pm

Bhagwati Autocast Board Approves ₹3.50 Dividend

AI Summary

The Board of Directors of Bhagwati Autocast Ltd approved a final dividend of ₹3.50 (35%) per equity share of face value ₹10 for the financial year ended March 31, 2026. The dividend, if approved by the members at the Annual General Meeting, will be dispatched within 30 days from the declaration date. The board also approved the audited financial results for the same period and appointed M/s. TRS & Associates as the new statutory auditors.

Key Highlights

  • Final dividend of ₹3.50 per share (35%) recommended for FY26.
  • Audited financial results for the quarter and year ended March 31, 2026, approved.
  • M/s. TRS & Associates appointed as new statutory auditors for 5 years.
  • Re-appointment of M/s Mehta Sheth & Associates as Internal Auditor for FY 2026-27.
  • Re-appointment of M/s. Kiran J. Mehta & Co. as Cost Auditor for FY 2026-27.