Dividend21 May 2026, 07:31 pm
Datamatics Approves ₹5 Final Dividend, Amalgamation Scheme
AI Summary
Datamatics Global Services Ltd's board approved a final dividend of ₹5 per equity share (100%) for FY26, subject to shareholder approval. The board also approved the amalgamation of its wholly-owned subsidiaries, Dextara Digital Private Limited and Datamatics Cloud Solutions Private Limited, with Datamatics Global Services Limited, pending regulatory approvals. Additionally, Mr. Rahul L. Kanodia was re-appointed as Vice Chairman & CEO for five years, and the re-appointment of M/s. Ajmera & Ajmera as Internal Auditors for FY 2026-27 was approved.
Key Highlights
- Final dividend of ₹5 per share (100%) approved for FY26.
- Amalgamation of Dextara Digital and Datamatics Cloud Solutions approved.
- Rahul L. Kanodia re-appointed as Vice Chairman & CEO for 5 years.
- Re-appointment of M/s. Ajmera & Ajmera as Internal Auditors approved.
- Postal ballot notice approved for appointment of independent directors.
Price Impact
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