Board Meeting18 May 2026, 06:41 pm
DOMS Board Re-appoints MD & WTD for 5 Yrs; Recommends ₹3.65 Dividend
AI Summary
DOMS Industries Ltd's Board of Directors, at its meeting on May 18, 2026, approved the Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026, with an unmodified opinion. The Board recommended a final dividend of ₹3.65 per Equity Share for FY26, subject to shareholder approval. Additionally, Mr. Santosh Raveshia was re-appointed as Managing Director and Mr. Sanjay Rajani as Whole-time Director, each for a further five-year term from January 1, 2027, to December 31, 2031, also pending shareholder approval. The Board also appointed M/s. B.F. Modi & Associates as Cost Auditors and M/s. HTKS & Co. as Internal Auditors for the financial year 2026-27.
Key Highlights
- Board approved FY26 Audited Financial Results with an unmodified opinion.
- Recommended a final dividend of ₹3.65 per equity share for FY26.
- MD Santosh Raveshia re-appointed for 5 years until December 2031.
- WTD Sanjay Rajani re-appointed for 5 years until December 2031.
- New Cost and Internal Auditors appointed for FY2026-27.
Price Impact
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