Board Meeting21 May 2026, 07:33 pm
Datamatics: FY26 Dividend of ₹5/Share, Amalgamation Approved
AI Summary
Datamatics Global Services Ltd's board approved audited standalone and consolidated financial results for FY26, recommending a final dividend of ₹5 per share. It also approved the amalgamation of Dextara Digital Private Limited and Datamatics Cloud Solutions Private Limited with Datamatics Global Services Limited, subject to approvals. Rahul L. Kanodia was re-appointed as Vice Chairman & CEO for 5 years. The board also approved a postal ballot notice for the appointment of two independent directors and re-appointed M/s. Ajmera & Ajmera as Internal Auditors.
Key Highlights
- Final dividend of ₹5 per share (100%) recommended for FY26.
- Scheme of Amalgamation approved for subsidiaries Dextara Digital and Datamatics Cloud Solutions.
- Rahul L. Kanodia re-appointed as Vice Chairman & CEO for 5 years.
- Postal ballot approved for appointment of Hitesh Gajaria and Navnit Singh as Independent Directors.
- M/s. Ajmera & Ajmera re-appointed as Internal Auditors for FY 2026-27.
Price Impact
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