StockWatch
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Industrial Products
Board Meeting19 May 2026, 08:31 pm

Dynamatic Tech: Final Dividend of ₹5 Recommended

AI Summary

Dynamatic Technologies Ltd's board approved standalone and consolidated audited financial results for the year ended March 31, 2026. They recommended a final dividend of ₹5 per equity share, subject to shareholder approval. This is in addition to an interim dividend of ₹5, bringing the total dividend to ₹10 per share. The board also noted the resignation of Mr. Dietmar Hahn and re-appointed Dr. Udayant Malhoutra as CEO and Managing Director for 5 years, effective October 1, 2026, subject to member approval. The Independent Auditors' Report issued by Deloitte Haskins & Sells, LLP, contained an unmodified opinion.

Key Highlights

  • Approved audited financial results for the year ended March 31, 2026.
  • Recommended a final dividend of ₹5 per share.
  • Total dividend for FY26 is ₹10 per share, including interim dividend.
  • Noted resignation of Non-Executive Director, Mr. Dietmar Hahn.
  • Re-appointed Dr. Udayant Malhoutra as CEO and Managing Director.