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

Bhagwati Autocast: Recommends ₹3.50 Dividend, FY26 Results Approved

AI Summary

Bhagwati Autocast Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹3.50 per share. They also appointed M/s. TRS & Associates as the new Statutory Auditors and re-appointed M/s Mehta Sheth & Associates as Internal Auditor and M/s. Kiran J. Mehta & Co. as Cost Auditor. Mr. Prakash Dalal was appointed as an Additional Director.

Key Highlights

  • Audited financial results for FY26 approved with unmodified audit opinion.
  • Final dividend of ₹3.50 per share (35%) recommended for FY26.
  • M/s. TRS & Associates appointed as Statutory Auditors for 5 years.
  • M/s Mehta Sheth & Associates re-appointed as Internal Auditor for FY27.
  • Mr. Prakash Dalal appointed as an Additional Non-Executive Director.