Board Meeting22 May 2026, 09:11 pm
DAM Capital: Dharmesh Mehta Re-appointed MD & CEO; Dividend Recommended
AI Summary
DAM Capital Advisors Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of Re. 1/- per equity share. The board also approved the re-appointment of Mr. Dharmesh Anil Mehta as Managing Director and CEO for 5 years, subject to shareholder approval. Mr. Jateen Doshi will complete his tenure as Whole Time Director on June 9, 2026, and will not seek re-appointment, but will continue in his role as Head of Institutional Equities and Business Development. PricewaterhouseCoopers Services LLP (PwC) was appointed as Internal Auditor for FY 2026-27.
Key Highlights
- DAM Capital approved audited financial results for the year ended March 31, 2026.
- A final dividend of Re. 1/- per share was recommended, subject to shareholder approval.
- Dharmesh Anil Mehta re-appointed as MD & CEO for 5 years, effective June 10, 2026.
- Jateen Doshi to cease being a Director and Key Managerial Personnel on June 9, 2026.
- PricewaterhouseCoopers Services LLP (PwC) appointed as Internal Auditor for FY 2026-27.
Price Impact
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