Board Meeting21 May 2026, 07:01 pm
Datamatics: Final Dividend of ₹5/Share; Amalgamation Approved
AI Summary
Datamatics Global Services Ltd's board approved audited financial results for FY26, recommended a final dividend of ₹5 per share, and approved the amalgamation of Dextara Digital and Datamatics Cloud Solutions with Datamatics Global Services. The board also approved the re-appointment of Mr. Rahul L. Kanodia as Vice Chairman & CEO and re-appointment of Internal Auditors. Additionally, the board approved the appointment of Mr. Hitesh Gajaria and Mr. Navnit Singh as Non-Executive Independent Directors.
Key Highlights
- Final dividend of ₹5 per share (100%) recommended for FY26.
- Scheme of Amalgamation approved between Dextara Digital, Datamatics Cloud Solutions, and Datamatics Global Services.
- Rahul L. Kanodia re-appointed as Vice Chairman & CEO for 5 years, effective February 22, 2027.
- Hitesh Gajaria and Navnit Singh appointed as Non-Executive Independent Directors.
- Ajmera & Ajmera re-appointed as Internal Auditors for FY 2026-27.
Price Impact
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