StockWatch
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Garments & Apparels
Board Meeting23 May 2026, 09:21 pm

Dollar Industries Reappoints Vinod Kumar Gupta as MD

AI Summary

In its board meeting on May 23, 2026, Dollar Industries Ltd re-appointed Mr. Vinod Kumar Gupta as Managing Director & KMP, effective September 1, 2026, for 5 years, subject to shareholder approval. The board also approved the re-appointment of Mr. Binay Kumar Gupta as Jt. Managing Director and recommended a final dividend of 150% (₹3 per share) for FY26, with a record date of July 28, 2026.

Key Highlights

  • Vinod Kumar Gupta re-appointed as Managing Director & KMP, effective September 1, 2026.
  • Binay Kumar Gupta re-appointed as Jt. Managing Director, effective September 1, 2026.
  • Final dividend of 150% (₹3 per share) recommended for FY26.
  • Record date for dividend entitlement fixed as July 28, 2026.
  • Audited financial results for the quarter and year ended March 31, 2026, were reviewed and approved.